Mutual Funds

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Fidelity moves into liquid alts space with two new mutual funds
ALTERNATIVES JUL 12, 2022
Fidelity moves into liquid alts space with two new mutual funds

The debut of the macro opportunities and risk parity strategies paves the way for an expanding alternatives lineup.

By Jeff Benjamin
BlackRock sees 30% jump in flows to suite of climate ETFs
MUTUAL FUNDS JUL 07, 2022
BlackRock sees 30% jump in flows to suite of climate ETFs

The nine ETFs, which have tracked EU-regulated climate transition benchmarks since October, attracted a net $2.7 billion this year as of mid-June.

By Bloomberg
Massachusetts orders Vanguard to repay investors $5.5 million for TDF taxes
MUTUAL FUNDS JUL 06, 2022
Massachusetts orders Vanguard to repay investors $5.5 million for TDF taxes

Vanguard lowered the account minimum for an institutional target-date fund, causing a migration from the retail TDF, leaving those who held onto it in taxable accounts with a big capital gains bill.

By Mark Schoeff Jr.
New ETFs only invest at night and aim for dreamy returns
RIA NEWS JUL 05, 2022
New ETFs only invest at night and aim for dreamy returns

The NightShares strategy involves buying the index at the end of the day and selling it every morning.

By Jeff Benjamin
It's not too late to join the liquid alts party, Morningstar says
RIA NEWS JUL 01, 2022
It's not too late to join the liquid alts party, Morningstar says

Key to allocating to funds employing alternative strategies is knowing what to expect and not trying to time investments.

By Jeff Benjamin
Nuveen ‘net zero’ ETF includes oil and gas holdings
MUTUAL FUNDS JUN 29, 2022
Nuveen ‘net zero’ ETF includes oil and gas holdings

The Nuveen Global Net Zero Transition ETF seeks to decarbonize by engaging with high emitters.

By ESG Clarity
Yield-hungry investors are flocking to high-dividend ETFs
MUTUAL FUNDS JUN 28, 2022
Yield-hungry investors are flocking to high-dividend ETFs

With bonds slumping, a record amount of money is pouring into exchange-trade funds focused on big dividend payouts.

By Bloomberg
When it comes to fees, how advisers charge is as important to clients as how much
RIA NEWS JUN 13, 2022
When it comes to fees, how advisers charge is as important to clients as how much

Deducting fees from client portfolios can introduce the punishing long-term consequences of reverse compounding.

By Jeff Benjamin
Putnam planning 5 new active ESG-focused ETFs
RIA NEWS JUN 08, 2022
Putnam planning 5 new active ESG-focused ETFs

The new exchange-traded funds will serve as the underlying components for Putnam's ESG-focused target-date series, in addition to the company's existing Sustainable Leaders ETF and Sustainable Future ETF.

By InvestmentNews
Vanguard survey highlights retirement complexity, 'Great Resignation' mobility
RETIREMENT PLANNING JUN 07, 2022
Vanguard survey highlights retirement complexity, 'Great Resignation' mobility

Vanguard's influential 'How America Saves' report shows 401(k) plan participants are facing increasingly complex financial situations and life events.

By Gregg Greenberg
Merrill pays $15.2 million to investors who spent too much for mutual funds
MUTUAL FUNDS JUN 02, 2022
Merrill pays $15.2 million to investors who spent too much for mutual funds

The restitution settles Finra charges that the firm recommended Class C shares with ongoing fees when more affordable Class A shares were available.

By Mark Schoeff Jr.
Why anxious retirees should consider closed-end funds
RETIREMENT PLANNING JUN 02, 2022
Why anxious retirees should consider closed-end funds

Closed-end funds have emerged as a potential solution for retirees seeking to smooth out their cash flows and in turn soothe their shaken nerves.

By Gregg Greenberg
Fidelity adds health-related ESG fund
RIA NEWS JUN 02, 2022
Fidelity adds health-related ESG fund

The actively managed mutual fund uses both proprietary and third-party ESG ratings.

By ESG Clarity
SEC orders San Diego B-D to pay $800,000 over fund share class disclosures
PRACTICE MANAGEMENT JUN 01, 2022
SEC orders San Diego B-D to pay $800,000 over fund share class disclosures

Madison Avenue Securities didn't disclose or didn't adequately disclose conflicts associated with compensation the firm received from certain advisory client investments. 

By Bruce Kelly
Vanguard raises fees on five funds, lowers fees on two
MUTUAL FUNDS MAY 27, 2022
Vanguard raises fees on five funds, lowers fees on two

Increases are one and four basis points; cuts are two basis points. The changes were made to funds with fiscal years ending January 2022.

By InvestmentNews
Putnam to revamp target dates with sustainable focus
MUTUAL FUNDS MAY 27, 2022
Putnam to revamp target dates with sustainable focus

The company will rename the product line with the funds switching to underlying investments in Putnam ETFs that follow ESG criteria.

By Emile Hallez
Avoiding dividend yields that look too good to be true
EQUITIES MAY 26, 2022
Avoiding dividend yields that look too good to be true

Russia funds yielding between 300% and 3,000% represent the ultimate value trap. A better bet would be funds offering much lower yields.

By Jeff Benjamin
Morgan Stanley's Parametric moves the wirehouse into ETF management
RIA NEWS MAY 20, 2022
Morgan Stanley's Parametric moves the wirehouse into ETF management

Two filings show that Parametric is moving beyond its current focus on separate accounts and direct indexing to subadvise strategies for Innovator ETFs.

By Jeff Benjamin
SEI plants its flag in ETF land with factor-based strategies
RIA NEWS MAY 18, 2022
SEI plants its flag in ETF land with factor-based strategies

The four exchange-traded funds are well-timed given the current market environment.

By Jeff Benjamin
Capital Group says actively run funds are winners in ESG craze
MUTUAL FUNDS MAY 18, 2022
Capital Group says actively run funds are winners in ESG craze

Survey finds that 63% think ESG risks are best handled when fund managers select a portfolio to manage opportunities and risks.

By Bloomberg