Mutual Fund Excellence Award Winners: S&P Capital IQ
Vanguard, Manning & Napier, T. Rowe Price and Tweedy Browne all won multiple awards in this year's S&P Capital IQ U.S. Mutual Fund Excellence Awards Program.
A Better Mousetrap?
Charles Schwab launched three new index funds April 2 that are based on fundamental indexes rather than cap-weighted indexes such as the S&P 500. Fundamentally weighted indexes base inclusion in the index on a company's sales, cash flow, dividends, and book value, rather than on market cap, P/E, or valuation,...