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.
SEC Tells ICI That Derivatives Disclosure Needs Improvement
By Danielle AndrusIn a July 30 letter to the Investment Company Institute (ICI), the Securities and Exchange Commission (SEC) urged funds that used derivatives to "assess the accuracy and completeness of their disclosure."
August 02, 2010
Principal Financial Q2 Earnings DisappointDespite remaining in the black during the economic downturn, Principal Financial Group, Inc. reported disappointing second quarter earnings on Monday, August 2.
August 02, 2010
Principal Financial Q2 Earnings disappointDespite remaining in the black during the economic downturn, Principal Financial Group, Inc. reported disappointing second quarter earnings on Monday, August 2.
August 02, 2010
PowerShares Corporate Bond ETF Shifts to Fundamental IndexMoves from cap-weighted index to fundamental index; the name changes, too.
August 02, 2010
AllianceBernstein Announces Disappointing Q2 Earnings on Global Stock Market WeaknessAllianceBernstein reported disappointing second-quarter earnings due to global stock market weakness, with net income at $0.31 per unit versus $0.41 a year ago. Analyst consensus was for earnings of $0.41.
August 01, 2010
A Principled, Recognized and Quoted CrusaderAlbert Meyer, manager of the Mirzam Capital Appreciation Fund (MCAF), is well aware of the responsibility that comes from managing other people's money. His career-long...
August 01, 2010
The FINRA BlotterThe law firm of Sutherland Asbill & Brennan completed in early July its annual review of disciplinary actions brought by FINRA in 2009. By reviewing...
August 01, 2010
The ETF Advisor: ETFs Enroll in 529 PlansAfter saving for retirement, saving for college is probably the most daunting financial challenge families face. So the creation of tax exempt 529 accounts in...