The mutual fund industry offers about 8,000 mutual funds, spread among about 24,000 share classes, but some fund companies offer many, many more share classes. Experts say it may be a marketing tool for fund firms.
<i>Breakfast with Benjamin</i> According to Meb Faber, within four years, ETFs will have more assets than mutual funds. But before that, they have to navigate their way onto retirement plan menus.
Low fund fees and big fund complexes equal outperformance.
Plus: Going after tax inversions goes after the middle class, the sun is setting on solar energy funds, and the baseball bat gets an upgrade
Fund wants to diversify product line and strike while the iron is hot with proposed acquisition of the Alpha Defensive Alternatives Fund
The tax advantages might not be worth it.
Meanwhile, the industry's biggest threat, ETFs, are chugging along offering a single-version product to all investors.
Plus: Advisers speak out on DOL rule, the inflows continue for equity ETFs, and big banks strive to look small to regulators
The mutual fund, which allocates money to hedge fund managers, will be liquidated by May 31, after the fund had fallen 4.1% this year.
Plus: The downside of $15 minimum wage, testing your finance knowledge against NFL players, and keeping ID thieves in check
<i>Breakfast with Benjamin</i> SunEdison's collapse shows that advisers should understand the steep side of the mountain renewable energy is trying to climb.
Group's recommendations include showing fees in dollar amounts on customer account statements.
Five specific aspects of the DOL's new rule that could send assets flooding into ETFs.
Corporate execs and activist investors get the biggest bang from repurchase plans.
Firm responds in suit saying CEO and counsel warned co-founder
Even though stock funds scored big gains in March, they're still trailing bonds for 2016.
Securities powerhouse will pay up to $10,000 in principal payments over five years, or $2,000 a year.
The iShares MSCI All Peru Capped ETF (EPU) is up 30% on the year, making it the best-performing single country ETF of all 196 such funds in existence
Top money manager finds two key elements that can help identify which funds are more likely to beat their benchmarks.
One of the lowest-cost fund companies gets into a war of words with an analyst over how it calculates expense ratios.
