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New Fund-O-Matic Feature
A quick note to turn your attention to an important tweak we made to the Fund-O-Matic search engine over the weekend.
The new 'Exclude High Min. Investment?' option ('yes'is selected by default) on the Fund-O-Matic search box (the brown area with the toaster-esque object, near the top of each page on the site) gives users the ability to filter out funds with high minimum initial investments - specifically funds that require more than $25K to buy in.
This means that if you search for, say, Large Cap Value funds sorted by Highest MAXrating, your search results won't include mutual funds that are primarily available to high net worth individuals, institutional investors, or only through 401(k) Plans.
We also added the new 'Fund-O-Matic's Most Popular' box to the right had sidebar. It's a fun little piece of code that displays the most searched for funds of the last 72 hours. Enjoy!