- Report: #1049569
Complaint Review: The Mutual Fund Store - Kansas City Missouri
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The Mutual Fund Store
869 North Main Street Alpharetta, GA Kansas City, Missouri, USA
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The Mutual Fund Store What you see isn't what you get. Alpharetta Georgia
I was told (emphatically) that the Mutual Fund Store nor any of its funds would charge me any fees, other than the MFS's quarterly maintenance fee. That is not true - you're charged redemption fees in some of the funds that they'll put you in. Problem is, they put you in those funds - you have no control over that. Also, they tell you that you can liquidate at any time - that's true, but in some funds you may have to pay that redemption fee that they told you wouldn't be charged. Also, I was also told I would receive a $900 promotional bonus for opending my account by a certain date - it turns out you have to wait 3 years to get that money. I'll manage my own money from here on out.
