Mutual Funds

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Advisers weigh the appeal of the commodity rally
ALTERNATIVES APR 13, 2022
Advisers weigh the appeal of the commodity rally

As commodity funds post double-digit gains this year, some advisers wonder if it's too late to join the party.

By Jeff Benjamin
Dimensional preps low-carbon ETFs
RIA NEWS APR 13, 2022
Dimensional preps low-carbon ETFs

The four exchange-traded funds aim for lower emissions exposure than comparable products, the fund manager said.

By Emile Hallez
Fidelity adds two ETFs focusing on crypto, metaverse
ALTERNATIVES APR 12, 2022
Fidelity adds two ETFs focusing on crypto, metaverse

One of the funds will track the digital payments industry, and the other will focus on companies tied to emerging virtual worlds.

By InvestmentNews
Dimensional plans four do-good funds in latest ETF expansion
MUTUAL FUNDS APR 10, 2022
Dimensional plans four do-good funds in latest ETF expansion

The funds will focus on investments in stocks and bonds worldwide that are associated with low emissions of greenhouse gases.

By Bloomberg
Bank ETF posts biggest cash exodus since 2020 ahead of earnings
MUTUAL FUNDS APR 09, 2022
Bank ETF posts biggest cash exodus since 2020 ahead of earnings

More than $2.5 billion has exited the $42 billion Financial Select Sector SPDR Fund last week.

By Bloomberg
Capital Group, Morningstar offer personalized TDFs
RETIREMENT PLANNING APR 08, 2022
Capital Group, Morningstar offer personalized TDFs

Target Date Plus helps participants to determine a mix of target-date funds that is more suited to their particular needs.

By InvestmentNews
JPMorgan kicking off $9 billion of mutual fund-to-ETF switches
MUTUAL FUNDS APR 08, 2022
JPMorgan kicking off $9 billion of mutual fund-to-ETF switches

It’s the first of four planned conversions by the firm that will shift around $9 billion of assets into exchange-traded funds by mid-June.

By Bloomberg
Neuberger Berman joins Wall Street ETF rush with thematic funds
MUTUAL FUNDS APR 07, 2022
Neuberger Berman joins Wall Street ETF rush with thematic funds

The three new funds were created in response to clients who wanted access to the firm’s strategies via ETFs, says Neuberger CIO Hari Ramanan.

By Bloomberg
Finra bars ex-Cetera rep who used clients’ money for own family's investments
PRACTICE MANAGEMENT APR 06, 2022
Finra bars ex-Cetera rep who used clients’ money for own family's investments

The broker, Marianne O'Shee Smith, a 34-year veteran of the securities industry, used $45,100 she had received from three customers, all senior citizens.

By Bruce Kelly
Betting against Bitcoin may get easier with futures ETF filing
ALTERNATIVES APR 06, 2022
Betting against Bitcoin may get easier with futures ETF filing

ProShares wants to launch an exchange-traded fund that would track the inverse performance of an index of Bitcoin futures.

By Bloomberg
State Street launches active muni ESG fund
RIA NEWS APR 05, 2022
State Street launches active muni ESG fund

The exchange-traded fund is sub-advised by Nuveen Asset Management, a unit of TIAA.

By InvestmentNews
Thematic fund taps into rising interest rates
MUTUAL FUNDS APR 04, 2022
Thematic fund taps into rising interest rates

Designed to go up in value when rates rise, the FolioBeyond Rising Rates ETF is well suited to the current environment.

By Jeff Benjamin
Manning & Napier goes private, sells at 41% premium to Callodine
EQUITIES APR 01, 2022
Manning & Napier goes private, sells at 41% premium to Callodine

The 52-year-old asset manager with nearly $20 billion under management will become a subsidiary of Callodine Group.

By Jeff Benjamin
American Century's Avantis adds ESG ETFs
MUTUAL FUNDS APR 01, 2022
American Century's Avantis adds ESG ETFs

The Avantis Responsible U.S. Equity, International Equity and Emerging Markets ETFs join Avantis’ current line of 11 exchange-traded ETFs.

By Emile Hallez
BlackRock cuts fees on biggest bond ETF, takes ax to expenses on two stock ETFs
MUTUAL FUNDS APR 01, 2022
BlackRock cuts fees on biggest bond ETF, takes ax to expenses on two stock ETFs

Issuer reduces the expense ratio on the $85 billion iShares Core U.S. Aggregate Bond ETF to 0.03% from 0.04%.

By Bloomberg
Net contributions to target-date funds topped $170 billion in 2021
RETIREMENT PLANNING MAR 31, 2022
Net contributions to target-date funds topped $170 billion in 2021

Roughly 86% of last year's net inflows went into collective investment trusts, which now hold 45% of total TDF assets.

By InvestmentNews
Exclusive: Morgan Stanley lays out plans to enter the ETF market
ETFS MAR 29, 2022
Exclusive: Morgan Stanley lays out plans to enter the ETF market

The $1.5 trillion investment manager is designing a full-scale ETF platform, and plans to launch its first ETFs this year.

By Jeff Benjamin
Pennsylvania RIA loses to SEC in 12b-1 fee trial
RIA NEWS MAR 28, 2022
Pennsylvania RIA loses to SEC in 12b-1 fee trial

According to the SEC, Ambassador Advisors generated at least $777,000 in fees by investing in 12b-1 share classes when other share classes were available for the same mutual fund.

By Bruce Kelly
Mom and pop buying fewer muni bonds directly
MUTUAL FUNDS MAR 25, 2022
Mom and pop buying fewer muni bonds directly

Instead, retail investors are moving toward buying mutual funds and ETFs, which have roughly doubled their holdings of municipal securities over the last decade.

By Bloomberg
J.P. Morgan adds retirement spending tool to target-date funds
RETIREMENT PLANNING MAR 22, 2022
J.P. Morgan adds retirement spending tool to target-date funds

The tool will help participants in the firm's SmartRetirement funds withdraw a portion of the money they have invested each year after they retire.

By InvestmentNews