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WleAtl-2 asked in Business & FinanceInvesting · 7 years ago

OOSYX - OPPENHEIMER SENIOR?

say i own this currently

broker bought it for me

if i wanted to dump the broker, could i still keep the stock?

{i think it is ''advisor class'' or something... if that helps}

wle

Update:

say i own this currently //

broker bought it for me //

if i wanted to dump the broker, could i still keep my shares in the fund ? //

{i think it is ''advisor class'' or something... if that helps} //

wle

1 Answer

Relevance
  • 7 years ago

    This is a bond fund that is interest rate sensitive. So if interest

    rates go up, this fund will do poorly. Your broker probably works

    on commission and every time you invest more money with him,

    he gets a cut. If you drop him, you still keep all your shares.

    I strongly suggest you look at opening a stock fund to balance

    out your portfolio.

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