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Show BUSINESS E6 Understandthe Basicsfor Mutual FundCost, Risks fund be red 1 ENTER TO WIN r tir the fund’s returt percent before ex fore expenses. Te r re penses, you'll keep ¢ ercent. if the fur las 7 percent be ° q you: loss will be per » and don't come down af ter you buy fund, the fund's share price will go ‘ down andstay down cent no matter how long And every yea you own the fund, for you hold thefund Understanding ever and ever, its expense ratio th 1 expenses is obviously es ential in making sound in tment decisions. So let me w some basics B All mutual fund whether sold with or without that lowers your re ing a fee to the fund manager To see how muchyou are paying, check the fund's expense ratio,” which must be disclosed in the fund's pro pectus, Ifyou invest $10,000 in 1 fund with a 1.5percent ex penseratio the industry av erage for stock funds today hold the same investments, the onewith the lower expenses will have the highest return Winners receive a 4 day, 3 night trip for 2 to one of these destinations ee you are paying $150 year in Think about it The return of these two funds would be the expenses. You may not realize you are Here's another scary statis Nearly 70 percent of fund investors do not realize that, if paying because you never get a bill, But rest assured, the same before expenses tic interest rates decline, the price of existing bonds and bond funds will generally increase money is being deducted from your account @ [n somefunds, the ex pense ratio includes a “12b-1 (and if rates go up, bond prices will yo down). or “distribution” fee, which basically is an ongoing com Knowing this inverse rela tionship between bond prices and interest rates ismorethan missionyou payeveryyear @ In addition, somefunds sold by brokers and advisers an academic exercise also charge a commission or “Thelack of understanding of bond fundsis of particular “load” whenyou buy or sell Others charge no commission concern given the extraordi nary amount of money being but levy 12b-1 fees up to the le: gal maximumof 1 percent a invested in fixed income funds year. Understandingthe least this year,” said Catherine Gor- costly optioncanbedifficult don, a Vanguard executive Extraordinary is right. As amongthese funds. Ask your adviser to explain in detail the stocks dived, Americans pros poured a record $49.5billion or en AY a OLS Deck Sal oan ew a hoa a1 a at Lake City a Pa ed Phone: Evening: E-mail: RULES: No purchase necessary. Entry form available only in The Salt Lake Tribune or at The Salt Lake Tribuneoffice, 143 8. Main, Salt Lake City. Original entry form only, no copies. Entry mast be mailed to address above. Must be 18 years old orolder to enter. Includes airfare and accommodations. Does not include taxes or government fees. Travel must be taken Jan. 3, 10, 17, or 24, 2003. Employees of The Salt Lake Tribune, NAC, Funjet Vacations, Clear Channel Broadcasting and Good Times Travel and their immediate famity members not eligible. Entries must be received by 5 p.m. Jan. 6, 2003. and consof each choice. @ You can buy some funds into taxable bond mutual funds for the three months without having to pay a com missionto buy orto sell and endedSept. 30, while yanking 1.1 billion out of stock funds. with no 12b-1 fees, orat least 12b-1 fees no higherthat 0.25 e = percent a year. These funds month, with interestrates ris. ing, some bond fundslost 5 per cent or moreof their value arecalled no-load ArthurLevitt, formerchair man oftheSecurities and Ex shocking investors who. thought bonds were “safe.” change Commission, recom mends you pick no-load funds ‘Three out of five investors with no 12b-1 fees and expense in the survey also did not un ratios of less than | percent. If derstandthat if they invest in a bond mutual fundwith an ay- Your adviser recommends Something else, the burdenis erage maturity of 10 years, onhimto explain why theydo not have to hold the fund 10 years (if they want to, they can sell it the dayafter they buy it) Humberto Cruz can be reached at AskHumberto@ aol.com or c/o Tribune Media Services, 435 N. MichiganAve., Suite 500, Chicago,Il. 60611 What the term means is that the fund manager buys and CAN Funjet Vacations sete day today expensesof run ning the fund, includingpay And only slightly more than a thirdrealize that if two funds THE GooD Bal commissions, charge for the turn. But just one-fourth of American fund investors un derstand this concept, accord g toa survey [ mentioned last week by The Vanguard Group and Money magazine In just two weeks last TRIPS 10 ks and the impact of will reduce your returns dollar for dollar This is pretty basic stuff xpense ratio is an annual educted from the fund 1ings or added to its Waa ONE OF 2002 For example, if RIGHT MAKE GUIDE ALE THE DIFFERENCEIN THE WORLD. 0—Legal Notices 070—Legal Notte NOTICE 10 lnieneinesen RRRnm Is opproximately 150,000 gi et witha total project cost of spprorinately $40,000,000" The potentialof parking balow he bul ide ing must'be considered. Although funding has not ne jel 3 pra wininhe proled rae scopege he nan ede rabid wag Benuctioncoal costs Weestimated. oF $78,080 BO 10 underground potting poces bmifol requirements lection ule, wil be robe bepian DFM ‘hy, the can480% 4110, Kiem Sch loka Uion State B41 14 0Hie tan.gov. For’ question xe ing this sheen, Plgase cant Lyle Kuda, OF (Bf 58 4575 homers ore Yo be wanted re gotdng this sofcttion A MAXOATORY pre-wubmittoh meeting will be held af 3:00, 7¥, onNovember 22,2004 at Ungerof Ura aaSciences Boars Fea, A detignHms wingfe ‘aot on fis project muttattend thimeeting Submiol dovesfor the recited reference, nage font plore, sof qualifications, cand’ interviews MN be beiedonte Project Sckedule’ cluded in the SC The Coniuitant andall Sub:conultants at the proj will be required to parlicigate in the State of Gwner Conitolledinwrance Program (OCP), ition of Foc teserves the Fight 10 rejec waive ony formality Wt inters of the SI DIVISION OF FACILITIES CONSTRUCTION Bs MANAGEMENT v4. Sut CONTRACT COOOWNATOR NOTICE TO CONTRACTORS Ihe State of OW Foities Camron ond Moragement (bFes ys reeueying proposat tor he struction of the follewing project OWS-OHS CONNECTION AND 2ND FLOOR FYQRTONCE SERVICES, CLEARPELD, UT 2-storysf;iebuild.ons ledjocutface emr p dg2,000mitatiation ehogof ape on ne et roe onacoe fi Contictoncat esimaned fect comists of construction of 0 Guidesfor the journey.” o PiperJaffray. Salt Lake City 185 5, State St., Suite 820 801 364-2900 Notices o7 Noi kf 8 basaeda trad tantcoca Ihe MetropaltonURAFT # Woter Disc of Soll Lake & Sondy firms Indvguas10 parton Sign Serices one lowing pr tare reit Serious journeys require trusted guides, The Apollo astronauts counted on Gene Kranz. to guide them safely to the moon, When it comes to retirement planning, youcan count on us. We've been guiding investors on their financial journeys for more than 100 years, We'll help you develop your personal JourneyPlany a financial road mapfor achieving your retirement dreams Like Kranz, our mission is to make sure you reach your JOURNEYPLAN™ destination. Aimhigh. Call us today 070—Legal METROPOLITAN WATER DISTRICT OF SALT LAKE & SANDY Tne racurementsoll be vader hy HEP method, A MANDATORY fre-pr Od. ste pisl be helo mation il be iwaed oh arinah ant ao Bae of iiding Dy the voscied tines IheContactor for the proied mat be0 Ugh teamed 10} Contractor. Age! Mer individual 0 aes “having aFyopprootateproleonal supertva. ot. cp na ausgai oth the wxceulContractor A id Bend in te omaof te par ode payoble i the fierie’one ‘company thecot propose enoh Fotis Contraction & lonagament 8 tale ony oF TAN | [_NAFDIC insured AG in) aAatiaiPnaagtneoh0Thon 04 14 reat "item meee reatDISTRICT OF APPOINTMENT OF NEW MAGISTRATE JUDGE the, ail feblespecialTechnical equipment copa s, training, qualifications, and availability ey amplo 84 Braelence Tisproject manager; anid previous orgects,Inching.‘Ot two"leastIromfive theclientprecading, year, of the of aati I justice rte ay goed twa be ote a Gourteom, Sirenen! ond be copbole ofpaEee (3) Be younger thon seventy years of age, and 10, ty other relevantInformation (4) Htbe relatedbyblood or morrioge Yo any ai Rewmes may be included 01 anappendix to the $00. kt Wudge of $09s all be womited by 10:00 oun. on Friday, De AVAILABILITY AND SALARY ‘camber 6, 2007, ot the addres shown below. Please Brovide vp (8)copies of wach $095, all be i @ BI tine palionwhowedutysation Iuomited Tor” voc inaivgual pr © "separate George, Yoh Applicant frthe Healore ileeens wiihe none’ N e Soeoj pore eg hteine early {denifles onthe outide of env 1130, 20 5: the Gia cor ent yolary for time po Selection of firms ftYeonp) copy wil bpoftepsoved on Oi Ie ‘onthe Procemar eteroval Sis website of muds Mon, a fied of i first for job seekers. Last year, 498,723 help wanted ads were placed by the area's top businesses, Why? Because 74 percent of adults in the area said The Salt Lake Tribune and Deseret News weretheir preferred advertis ing source when looking for a new or different job WV. i turrenthy my 984:776 per Baeenuten aerate aresora enero PeaN oT et & ASecona m g come nd of tes ope ty will veview Tecommend 10 ihedlr jodges of ail application fs ou. he aCourtioe hed Bbee Sena are ‘SELECTION PROCESS: SpaeeWe ane ‘eecomnigeration fo ‘omen and members of minority groups. Jo read the||*e APPLICATION PROCESS fine print. We’re orrice Port.time U.S. magistrate judges normally are not TheClassifieds. provided gorerrmertfuites dbakerff Srof suomi onipoted tha they wih peioar First for value their own space. pd “ nee lor nation forme Se Of the Conflict of In. wan morn8 omer, Clark 120 framerr First for selection. First for opportunity. The first place to find a new Career. Source Belden ‘Associates, Survey of the Salt Lake market, 1999. 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Mountoin Water Treatment Plont OFF rood tiesigal hea ond ‘oomistering alisen ail al orarages i Site Civil Improvements fh road Yonge utes iedude {ating octrerledgmenty “oilicouiN",‘of cod The conultont sould sabmit © separate $00 for 2a ityimmer Issuing crimino} “onolain, projec rics request for 30 s does not Obits al warronhracy -1 je the Ditrkt to ward oy pyoroging eferden,enopee eas, curedin of 9 sentences 4one ‘accepting forfeitures gues hou the preporction ircied 0 Hike 9065.ne ‘bal meetin core with law, 01 ber 22,20 00 0, iadge tis cour The dutle, inoy ‘cal artoeh rh balan, “Kote iravel for the purpote of conducting cov proigcs " 5 . avoloble’ cn he DNs, woo.So mwdsh.0r9. JURISDICTION foxh $OQsal exceedeight pages in length and The jurisdiction of United Stat ppginvote desi should ind serforth ft 28 United Stores Code Firm (orteam) name, contact information,and loca (GENERAL QUALIFICATIONS tion of $00 office(s; Whe ‘i for a teomexperience of consultants describe the To be qualified for appointment an applicant mus foaming or anpenedt, and post working ‘elon oP ie gropened toon, ponoge (1) Beg member ot the tine of oppoinmentn of the team, Limit submittals fo one SOQ per ‘he Utah State Bar or ‘he 10} onather ee, the Dacof Colom fhe Conmonytath of Pure Elo, or ce, yated Slates, and have been 0, ocivepractice ot ie(3,0,par Ia 500%should be sentto: Matropolitan Water District of Salt LakeManger & Sandy fam ite Wie, AstonGeneral 10 tost Dorri Sandy lek ba Ihe Heauew! (orPropels (FP) document, icudig the 82011704 et and selectionseit wl vembe 2 the ing, Ns projec leave ‘cotad! ‘ave ‘tyiol) ding Mh “fh projec“Sts Aetna ore 10 be - 237-2000 nworanr cree rotm | OF ADYEITISNG) |