I think I get charged 135 dollars per month just to have my mutual fund sit there. Is this reasonable?

There is only 4000 dollars in the fund and I'm beginning to feel like this fund is no good. Any suggestions?

It's SCGPX. I think the company that holds manages my fund takes the commission every month. I'm just beginning to learn about this stuff.

Jesse James Investment Co. ??
John Dillinger Funds?
Log on to Fidelity or Schwab.... you are being "hosed" if your info is correct! The idea is to MAKE money not give it away... with Fidelity or Schwab or almost ANYBODY your " fee" on that $ 4000. account might amount to $ 40. at the end of the year, and only once a year! ..and your $ 4000. should have made at least $ 350 to $ 440.

Move it to a no-load mutual fund purchased directly from the fund house (T. Rowe Price and Vanguard are excellent). What fund are you in now, $135 a year (let alone a month) would be terrible?

Edit: You are being ripped off by this "financial manager." Is this your own investment or a company 401(k) plan?
If you're new to mutual funds, get hold of the books "Investing For Dummies" and "Mutual Funds For Dummies." They are great primers on investing and easy to read. They'll cover all the basics on how to select good funds.

$135 x 12 = $1620 per year!?!?!?! That's over 40% return you have to make just to cover that expense. Move that anywhere else, just to a cd, you'll make more money probably. There are alot of funds out there. American Funds are low cost, or you can find a no-load fund. But seriously, you can do lots better than that.

This is why I left the world of FA. This sounds more like fees, though there may be some commission involved. If you are sending money into your account on a monthly basis, than if there are any front load funds, that load is going to your FA. Now your FA, or the firm posing as your FA, can either charge you an annual retainer or they can charge you a set percentage for the assets undermanagement. The second is usually deducted from your account quarterly.
I now encourage friends and family to just learn what needs to be done on their own and then take over their accouts. Naturally, I help them set up their portfolio, but I have them manage their own accounts.
Think of it this way:
You give money monthly to your account. Well, if you have a load-fund (which most are, but remember there is no free-lunch, as Class A, B and C shares all suck in their own way...be wise to their hangups before committing to one.). Well, the load will apply to the monthly contribution you make. Now, lets say you give $100/month. The average load is between 4.75-5.75%. That means, right off the bat, your contribution is down 5.75% before you ever truly invest it. And if your overall portfolio is only poised to grow 8% for the year, you can already see the actual growth you received could have been more. Now take 3% out for inflation, and that 8% becomes 5%.
I left the FA world becuase I knew more than my peers about finance and the market, and all they knew was what was on the Series 7 test and had to be salesmen.
I would strongly encourage you learn to do on your own, because it is very, very simple and when its your money, you will pick up the process a lot faster than your FA.

You should really look into investing in an index fund. They don't have crazy management fees and usually perform just as well or better than mutual funds.