Investors with pride in Oklahoma are sought

[FOTD]

http://newsok.com/investors-with-pride-in-state-are-sought/article/3395751

Anything?

[Conan71]

Kitschy.  Won't be a good one to be in yet if we have not seen the real bottom of the recession nationally since it's top-heavy with energy, banking, and utilities.  Might as well just call it an energy etf with 73% of assets in the energy industry.

[cannon_fodder]

That's what I was thinking Conan.  If the fee structure was right I'd probably kick in a small investment into this fund.  I think Oklahoma is positioned to remain competitive in several industries and the company's here, generally, operate on a conservative business model (CFS, SemGroup, Williams excepted.  Man, maybe not).

Funds are a crap shoot.  But if the fees are off it's a no go.  My guess is a start-up fund will have fees well over my max range.  (when I think of fees, I mean fees and/or expense ratio in general)

[FOTD]

That's what I was thinking Conan.  If the fee structure was right I'd probably kick in a small investment into this fund.  I think Oklahoma is positioned to remain competitive in several industries and the company's here, generally, operate on a conservative business model (CFS, SemGroup, Williams excepted.  Man, maybe not).

Funds are a crap shoot.  But if the fees are off it's a no go.  My guess is a start-up fund will have fees well over my max range.  (when I think of fees, I mean fees and/or expense ratio in general)

It's an ETF....anybody know these gents and what their track records are?

[cannon_fodder]

It's an ETF....anybody know these gents and what their track records are?

In an ETF the fund still incurs fees and expenses.  They aren't accounted for (or regulated) like a mutual fund, but it is essentially a measure of overhead to assets.  My guess is there overhead to asset ration will be high.   Just a guess - but start up funds of any kind tend to have high expense ratios.  Organize it as an ETF or otherwise.   [to be honest, I'm not very familiar with ETFs outside of index funds]

And no.  I do not know these guys or their track record.  Care to enlighten me?

[FOTD]

Just wondering....

A friend from OKC responds "Capital West Securities". Never mind. Should not seek info on financials here at TNF.

Never mind.