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.
Revise 12b-1 or Not?
By Melanie WaddellThe Securities and Exchange Commission was well aware that 12b-1 fees would be used to compensate brokers for providing services to mutual fund shareholders when it created the rule in 1980, according to former SEC officials.
June 18, 2007
Kehrer: Bank Fund Sales RiseBank mutual funds sales increased to $61 billion in 2006, up from $41 billion in 2005.Researchers at Kehrer-LIMRA, Windsor, Conn., have published those results in ...
June 13, 2007
Russell to Restock Global IndexesRussell Investment Group released on June 12 those companies that will join or leave the Russell 3000 Index when that index of the broad market is reconstituted on June 22. The full list is available on Russell's Web site.
June 13, 2007
Oppenheimer's Wilby to RetireBill Wilby, who gained wide renown for his long tenure as portfolio manager for the Oppenheimer Global Fund (OPPAX), will retire from OppenheimerFunds Inc. on June 30 after 16 years at the firm.
June 01, 2007
Valuable Franchise, Reasonably PricedLarge-cap value managers typically invest in companies which are industry leaders with solid business models, sustainable cash flow, conservative balance sheets, pay regular dividends, and...
June 01, 2007
About the ManagerCo-portfolio manager E. Tucker Scott, executive VP of Templeton Investment Counsel, the sub-advisor to the fund, is based in Geneva. Scott is responsible for the...
June 01, 2007
Study Shows Couples Split on Future Income, AdviceCall it "agreeing to disagree." Research conducted by Fidelity Investments has found that married couples with investable assets of $100,000 and up, or household income of...