Mutual Funds
Stay on top of mutual fund news, including in-depth articles and analysis on stock, bond and balanced funds, as well as target date funds and more.
Why a Floating NAV for Money Market Funds Is a Bad Idea
By Dale BrownSEC Chairman Schapiros suggestion would drive up the cost of investing and doing business by imposing new record-keeping and tax reporting requirements.
June 29, 2012
Fiscal Cliff Is Higher Than You Think: BofA-MerrillTaxpayers may have to leap off the fiscal cliff on Jan. 1, 2013, unless Obama and Congress act together.
June 28, 2012
Reports of ‘Death of Equities’ Greatly Exaggerated: DFADimensional Fund Advisors vice president Weston Wellington found something awfully familiar about a recent article in the Financial Times.
June 27, 2012
Direxion Adjusts Risk ControlsBoston-based Direxion Shares made changes to the investment strategy for the Direxion S&P 1500 RC Volatility Response Shares (VSPR), Direxion S&P 500 RC Volatility Response Shares (VSPY) and Direxion S&P Latin America 40 RC Volatility Response Shares (VLAT).
June 27, 2012
A Play for High YieldVan Eck Global introduced a new fund called the Market Vectors Emerging Markets High Yield Bond ETF (HYEM), which is linked to high yield emerging market corporate bonds.
June 27, 2012
ETP Assets Hit $1.2 TrillionThe assets invested in exchange-traded products (ETPs) including both ETFs and ETNs rose by 6% at the end of April 2012 from the previous year to $1.2 trillion, according to the ETF Industry Association.
June 27, 2012
Targeting Covered BondsThe ProShares USD Covered Bond (COBO) made its trading debut in late May.
June 27, 2012
Putnam Opens Office in ChinaPutnam Investments said in early June that it has opened an office in Beijing, representing the firms first foothold in China.