Five Must-Read Fund Items

A quick look at mutual fund news from around the web that every advisor should be following.

More On Legal & Compliance

from The Advisor's Professional Library
  • Agency and Principal Transactions In passing Section 206(3) of the Investment Advisers Act, Congress recognized that principal and agency transactions can be harmful to clients. Such transactions create the opportunity for RIAs to engage in self-dealing.
  • U.S. Securities and Exchange Commission Information This information sheet contains general information about certain provisions of the Investment Advisers Act of 1940 and selected rules under the Adviser’s Act.  It also provides information about the resources available from the SEC to help advisors understand and comply with these laws and rules.

SEC Issues Worthless Warnings on Fund Performance Ads

Forbes.com writer Ahmed Taha analyzes the SEC's warnings to investors about not using a fund's past performance to predict future performance.

Active Management: Is It Time?

WealthManagerWeb.com writer J. Gibson Watson III shares points in favor of active portfolio management.

The Rise Of The Hedged Mutual Fund

Marc L. Ross, CFA, CFP, shares an introduction to hedged mutual funds at Investorpedia.com.

A Brief History of the Mutual Fund

James E. McWhinney offers an excellent summary of mutual funds' emergence and development.

In Pictures: 11 Faith-Based Mutual Funds and ETF Families

Forbes.com gives a great overview of this new development in an unusual format.

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