Redemption fees charged by mutual funds lead to better long-term performance, researcher says Don't turn your back on mutual funds that charge redemption fees, says Michael Finke, associate professor and Ph. D. coordinator of personal financial planning at Texas Tech University. His ...
BOSTON (Reuters) - Investors in February pulled an estimated $3.7 billion from U.S. stock-focused mutual funds, dashing hopes of a rebound in demand for equities, while showering $19.7 billion on taxable bond funds, according to a report from Morningstar. After investors pulled ...
Money fund assets fell by $36.22 billion to $3.090 trillion in latest week Total money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market ...
Money fund assets fell by $39.7 billion to $3.126 trillion in latest week Total money market mutual fund assets fell by $39.7 billion to $3.126 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market ...
Pros and cons in this investing primer Why invest in a fund, a cluster of stocks, rather than the stocks themselves? The reasons are twofold. First, a fund provides cheaper diversification for those investors with smaller amounts of capital. Buying each component ...
Bonds away: Coming rate hikes likely to be bad for bonds but may help investors in other ways The rate hikes are coming! The rate hikes are coming! Eventually. Days after the Federal Reserve seemed to sound the alarm that the era ...
Money fund assets fell by $1.63 billion to $3.166 trillion in latest week Total money market mutual fund assets fell by $1.63 billion to $3.166 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market ...
Fidelity Investments' 2009 profit rises 5 percent as fund performance improves Fidelity Investments said Thursday its operating profit rose 5 percent last year, boosted in part by job cuts, as revenue continued to lag after two years of unusual volatility in financial ...
FILE - In this Nov. 6, 2008 file photo, a customer is silhouetted as he walks through Fidelity Investments in Boston. Fidelity Investments' operating profit rose 5 percent last year compared with 2008, and the nation's largest mutual fund company saw fund ...
<div id="subtitle">Obama administration abandons proposed Bush rule letting brokerage firms offer 401(k) advice</div><div><p>The federal government has decided to abandon a Bush administration plan that would have permitted mutual fund companies and brokerage firms to offer investment advice to 401(k) customers.</p>< ...
