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  • Report:  #1487211

Complaint Review: World Capital Brokerage

World Capital Brokerage Investment Research, World Capital Brokerage Advisory Services, Timothy Taggart, American Growth Fund Extremely High Expense Ratios Denver CO

  • Reported By:
    Arthur — Denver CO United States
  • Submitted:
    Sun, November 03, 2019
  • Updated:
    Sun, November 03, 2019

American Growth Mutual Fund - AMREX is a mutual fund with an expense ratio of 15.17%. It invests in marijuana stocks. It has the worst Morningstar rating possible. It has lost 17% per year over the last three years during a positive stock market.

It is "managed” by Tim Taggart of World Capital Brokerage. There is another fund here (Series 1). The expense ratios range from 5 to 8.95 percent. The average expense in the US is 1% per year. The main problem here is Tim Taggart. "Where there is smoke, there is fire.”





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