83: Mutual Funds 101, the $17 Trillion Industry with Mark Renz
By Sam Marks / Johnny FD
Mark Renz is a financial adviser and a sales representative for over two decades and has utilized his expertise in serving as an investment adviser for high-net-worth families since 2001. He is currently the Chief Investment Officer for an independent multi-family office, Socius, which provides honest guidance and shrewd management to preserve, protect, and build their clients’ estate. This episode explains the basics and fundamentals of mutual funds. Mark defines what a mutual fund is and other mutual funds that we might not be aware of. He teaches some strategies on how to beat the market, how to manage funds, and how to achieve greater returns. Listen in and learn more about this investment platform. Links: Website - Socius.com/team/mark-renz Books: MONEY Master the Game Time Stamps: 05:14 – Mark’s background in finance 07:37 – What is a family office? 10:21 – What are Mutual Funds? 11:46 – Types of Mutual Funds 13:57 – How large is the mutual fund market? 15:06 – Importance of fees in selecting a mutual fund 20:49 – Active management funds 26:15 – Dimensional Funds: Who & What they are? 31:36 – Who can invest in dimensional funds? 33:37 – Biggest mutual fund companies 41:52 – Returns/Dividends strategy 48:56 – Fee Structure and Transparency 55:47 – Tools that can be used for transparency 59:36 – Mark’s personal investment portfolio 63:10 – Recommendations in buying stocks If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.