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
  • Conducting Due Diligence of Sub-Advisors and Third-Party Advisors Engaging in due-diligence of sub-advisors isn’t just a recommended best practice— it is part of the fiduciary obligation to a client. An RIA should be extremely reluctant to enter a relationship with a sub-advisor who claims the firm’s strategy is proprietary.
  • Best Practices for Working with Senior Investors Securities examiners deal harshly with RIAs that do not fulfill their fiduciary obligations toward senior investors, as the SEC and state securities regulators view older investors as particularly vulnerable and in need of protection.

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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