Funds
Chuck Jaffe: Untested funds are no slam-dunk for your money (at MarketWatch)
People love new, untested, unproven mutual funds, run by guys whose pedigree hints at an ability to show up the big boys. It s nice, happy thinking, and not necessarily wrong. But in the fund business, there are good reasons not to bet on the little guy. Read
Royce Closed-End Funds: Tapping Into Double-Digit Lifetime Returns (at Seeking Alpha)
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Top 5 Technoogy Funds (Zacks)
Add some technology to your portfolio with Fidelity Select Technology , Seligman Global Technology A , Henderson Global Technology A , Red Oak Technology Select and Baron iOpportunity . Read
Untested funds are no slam-dunk for your money (at MarketWatch)
People love new, untested, unproven mutual funds, run by guys whose pedigree hints at an ability to show up the big boys. It’s nice, happy thinking, and not necessarily wrong. But in the fund business, there are good reasons not to bet on the little guy. Read
Four Advantages Actively Managed ETFs Have Over Their Mutual Fund Peers (at Seeking Alpha)
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UPDATE - Record weekly outflow from money market funds-EPFR (at Reuters)
Investors pulled a record $61.1 billion from money market mutual funds in the week ended March 17, according to Cambridge, Mass.-based fund tracker EPFR Global. Read
Mutual Funds Weekly: With mutual funds, read the fine print (at MarketWatch)
Next time you complain about the paltry yields on your money market mutual fund, consider that you really shouldn t be getting anything at all. Read
US junk bonds post $597 mln wkly inflows-LipperFMI (at Reuters)
U.S. junk bond mutual funds reported $597 million of net inflows in the week ended March 17, following a $795 million inflow the previous week, LipperFMI reported on Thursday. Read
With mutual funds, read the fine print (at MarketWatch)
Next time you complain about the paltry yields on your money market mutual fund, consider that you really shouldn t be getting anything at all. Read
Inside Five Expensive ETFs (at TheStreet.com)
As newer ETFs adopt more complex strategies their expense ratios are hitting mutual fund levels. Read
BofA Charged by Dutch Pension Fund (Zacks)
Bank of America Corp. was reportedly sued by the Dutch Pension Fund, ABP, for withholding information to shareholders regarding the quarterly losses of Merrill Lynch in December 2008. Read
Retiring soon? Don t put all your eggs in one basket (Money)
Question: I have about 10 years until I retire, and I m wondering whether I should put my 401 savings back into high-risk stock funds or a moderate-risk stock fund like a Standard & Poor s 500 index fund. Read
Dutch Pension Fund Sues BofA Over Merrill Deal (at New York Times)
ABP, a Dutch pension fund, is suing Bank of America over its controversial 2008 takeover of Merrill Lynch, accusing the bank of withholding material information about the deal, Reuters reported. Read
Record sales of emerging market debt (at Financial Times)
Investors poured record amounts into emerging market and high-yield bonds last week in a sign of surging risk appetite. High yield bond funds took in $1.2bn in the week ended March 10, while funds that buy emerging market debt had inflows of $1.1bn, according to EPFR Global, which tracks institutional and retail funds domiciled around the world. Read
[$$] The PIMCO Six (at TheStreet.com)
PIMCO has filed for six new bond funds, capitalizing on the firm s fixed-income reputation. Read
The Zacks Mutual Fund Rank reveals its top 5 Growth funds: Fidelity Mid Cap Growth, Yacktman Focused, Lifetime Achievement, Van Kampen Equity Growth and Fairholme Fund (Zacks)
The Zacks Mutual Fund Rank reveals its top 5 Growth funds: Fidelity Mid Cap Growth, Yacktman Focused, Lifetime Achievement, Van Kampen Equity Growth and Fairholme Fund Read
Emerging Markets Boost Monsanto, Dow (TheStreet.com)
Seed makers, such as Monsanto, Dow Chemical and DuPont, will benefit from growth in developing nations, Fidelity fund manager Tobias Welo says. Read
Pimco Chief Sees Credit Tightening in Fed Move (at New York Times)
The end of the Federal Reserve s program of purchasing $1.25 trillion of mortgage-backed securities at the end of March is a form of tightening monetary policy, the chief of the largest U.S. bond fund manager told Reuters. Read
Mutual Understanding: Money-market fundholders could see fee hikes (at MarketWatch)
With interest rates at historic lows, the money-market mutual fund industry has lost hundreds of millions of dollars in waived fees. But some of these funds are likely to want that money back. Read
Outside the Box: Why mutual fund investors shun the bull market (at MarketWatch)
Bull market be damned: U.S. mutual fund investors continue to sidestep this stock market, writes Josh Lipton. Read
PIMCO: End of mortgage buys form of tightening (Reuters)
The end of the Federal Reserve s program of purchasing $1.25 trillion of mortgage-backed securities at the end of March is a form of tightening monetary policy, the chief of the largest U.S. bond fund manager said on Tuesday. Read
Why mutual fund investors shun the bull market (at MarketWatch)
Bull market be damned: U.S. mutual fund investors continue to sidestep this stock market, writes Josh Lipton. Read
Money market fundholders may lose when yields rise (at MarketWatch)
With interest rates at historic lows, the money-market mutual fund industry has lost hundreds of millions of dollars in waived fees. But some of these funds are likely to want that money back. Read
Fidelity s Wetlaufer to leave in March - company (at Reuters)
* Had overseen international funds for US investors * Joined amid restructuring in 2005 BOSTON, March 16 - Fidelity Investments senior officer Eric Wetlaufer, once a prominent money manager in the tight-knit Boston investment community, will leave at the end of the month, a company spokeswoman said on Tuesday. Read
UPDATE - PIMCO: End of mortgage buys form of tightening (at Reuters)
The end of the Federal Reserve s program of purchasing $1.25 trillion of mortgage-backed securities at the end of March is a form of tightening monetary policy, the chief of the largest U.S. bond fund manager said on Tuesday. Read
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