When it comes to picking a target date fund, the instruction manual seems simple enough.
Tom Forester, manager of the Forester Value Fund, will bring into the fourth quarter a cautiously optimistic perspective that will include a bit of his trademark profit-taking from some of the portfolio's best performers.
The Department of the Treasury's temporary guarantee program for money market funds will conclude today, one day after the ICI reported a jump in money fund outflows this week.
Total money market mutual fund assets fell by $62.6 billion to $3.482 trillion for the week, the Investment Company Institute said Thursday.
AdvisorShares Investments LLC launched its first exchange-traded fund today: the actively managed AdvisorShares Dent Tactical ETF.
Investment managers are close to making up the ground they lost in the second half of 2008 when investors pulled $251 billion out of mutual funds, according to data released today by Morningstar Inc.
Many consumers see value in investing in mutual funds no matter how bad the economy is, organizers of a unique road race have found.
Treasury inflation-protected securities are the underlying investments of two managed-payout funds launched last Tuesday by Pacific Investment Management Co. LLC that are designed to provide retirees with systematic income distributions — a strategy so unique that Pimco has filed for patent protection.
The Securities and Exchange Commission hasn't provided enough proof to support its own proposal to ban second-tier securities from money market funds, the Consumer Federation of America and Fund Democracy Inc. said last week in a comment letter.
Standard & Poor's today announced that it has upgraded its open-end mutual fund research product for financial advisers and their clients.
The Obama administration said today that a program used to guarantee as much as $3 trillion in money market mutual fund assets will end on schedule next week.
The Securities and Exchange Commission's proposed rule changes for money market mutual funds are not likely to have a negative impact on the $3.55 trillion industry, experts say. Still, if the SEC responds to calls to alter its proposed changes, it could wind up affecting money managers' ability to deliver yield.
Autumn's first chill is yet to be felt, but a stiff breeze is blowing in the direction of the $3.5 trillion money market fund business.
Bill Gross, managing director and co-chief investment officer at Pacific Investment Management Co., will deliver the keynote address at InvestmentNews' ETF Insights online conference for financial advisers, which will explore the latest developments in exchange-traded funds.
When it comes to leveraged and inverse ETFs, seemingly every regulator and influential brokerage firm has recently voiced the opinion that these exotic vehicles - which can double or triple the returns (or short the losses) of a market index - are inappropriate for individual investors.
The SEC has not provided enough proof to support its own proposal to ban second-tier securities from money market funds, Fund Democracy Inc. and the Consumer Federation of America said today in a comment letter.
Exchange-traded funds are poised to take a bite out of traditional mutual funds and are expected to grow from just over half a trillion dollars to $1 trillion before 2011, according to a soon-to-be-released report.
Treasury inflation-protected securities are the underlying investments of two managed-payout funds launched today by Pacific Investment Management Co. LLC that are designed to provide retirees with systematic income distributions — a strategy so unique that Pimco has filed for patent protection.
