In the November cover story, “Mutual Funds You Can Trust,” Morningstar incorrectly placed Old Mutual Dwight S/T Fixed Income Z (OBCPX) among the worst funds in the table, “Top and Bottom Funds by Overall Score.” In addition, in the “Families with Worst Average Fiduciary Grades” table, we should have listed Tocqueville — not Federated — as having two mutual funds that each receive “D” stewardship grades, for an average score of 4.00. Federated’s average was 2.95. We regret the errors.
Expressions of solidarity are appreciated. Here’s what I would appreciate more.
The firm also sees job cuts putting HSA business up for grabs.
Edward Jones' Tammy McKennon explains how she helped a pre-retiree make a tough financial choice due to COVID-19.
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