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.
Lord Abbett's New Shares
By Janet LevauxLord, Abbett & Company has introduced three new share classes for several of its mutual funds: F, R2 and R3. Also, the firm has reclassified...
November 30, 2007
SEC Seeks Input on Short-Form ProspectusThe Securities and Exchange Commission has published a prototype "summary prospectus" for mutual funds, and has asked for public comment from investors. The proposed streamlined prospectus would let investors quickly learn key information about a mutual fund
November 30, 2007
IFEBP Finds Widespread Adoption Of Target-Date FundsAbout 45% of defined contribution plans may already be offering "target date" funds, or funds designed for employees who expect to retire around certain designated ...
November 27, 2007
Playing a Potential Drop in Chinese StocksChina has been one of the best performing equity markets over the past year. The Shanghai Composite is up more than 100% since the beginning of 2007, compared with a much more modest gain of 39% for the broader MSCI Emerging Markets index. However, the Chinese market has fallen about...
November 20, 2007
A Low Cost 401(k) PlanSt. Louis-based Blue Ocean Portfolios, part of Huntleigh Capital Management, Inc., has launched Ocean 401(k), what it says is one of the lowest cost, full-service 401(k) plans in the industry. With a focus on diversification, low fees and rebalancing, Ocean 401(k) uses low cost index mutual funds to construct and...
November 16, 2007
SEC Floats Short-Form ProspectusThe SEC voted November 15 to adopt a short-form prospectus requiring that all mutual fund investors receive a clear, concise summary of key information needed to make an informed investment decision. The rule changes would also encourage funds to make their prospectuses available on the Internet, and are intended to...
November 15, 2007
Five New Funds at Aston Asset ManagementAston Asset Management, in Chicago, launched five new mutual funds on November 5, including two international funds: Aston/Barings International Fund (ABIIX), and Aston/SGA International Small-Mid Cap Fund (ASNMX); and three mid-cap funds: Aston/Montag & Caldwell Mid Cap Growth Fund (AMCMX), Aston/ClariVest Mid Cap Growth Fund (ACVMX), and Aston/Cardinal Mid Cap...
November 14, 2007
Leveraged and InverseRydex Investments has launched six ExpressShares ETFs, which trade on the American Stock Exchange and provide leveraged and inverse exposure to the S&P 500, S&P MidCap 400, and Russell 2000 indices.