This month's Featured Fund of the Month is the Vanguard Growth Index Fund (VUG, $54.90 at close of business on March 11, 2010), which carries Standard & Poor's highest ETF ranking of “Overweight.”
That's good news for advisers, many of whom are on the lookout for exchange-traded funds that aren't passively managed
The firm announced plans for a new core line up of exchange-traded funds based on Wilshire Associates' indexes.
The BrightScope 401(k) plan ratings service is skewering the Investment Company Institute over its defense of target date funds.
Just days after its acquisition by Guggenheim Partners LLC was finalized, Claymore Securities Inc. has rolled out a new China exchange-traded fund – a launch that will likely be just the first of many, now that the Claymore/Guggenheim marriage is official.
The BrightScope 401(k) plan ratings service is skewering the Investment Company Institute over its defense of target date funds.
The Vanguard Group Inc. today changed the benchmarks for ten stock sector index mutual funds and corresponding exchange-traded funds from their old MSCI indexes to new MSCI 25/50 benchmarks. Those benchmarks are designed to meet IRS standards for registered investment companies.
iShares today launched a suite of municipal bond exchange-traded funds with a planned end date. The feature allows investors to obtain targeted exposure to the municipal yield curve.
The Charles Schwab Corp. today announced the launch of six new managed portfolios of exchange-traded funds available through a fee-based portfolio advisory program.
The founder of the No-Load Mutual Fund Association — now The Mutual Fund Education Alliance — hopes to announce the creation of a new organization representing exchange-traded funds next month.
More asset managers are getting out of the money market fund business because the regulatory and market environment often makes offering such funds unprofitable.
After more than five years of solid performance, including a run in 2009 that saw assets more than double to nearly $1 billion, the TFS Market Neutral Fund (TFSMX) is introducing a “hard close” and will stop taking any investments on Jan. 22.
Two mutual fund acquisitions were announced today, one involving a fund group with $6 billion in assets that has changed hands several times over the last few years.
Washington in general — and President Barack Obama in particular — is getting in the way of the stock market rally, according to Uri Landesman, head of global growth at ING Investment Management Americas.
After enjoying the “beta rally” of 2009, investors should view 2010 as more of a defensive play, according to Gary Stroik, chief investment officer at WBI Investments.
Investors are ignoring mid-cap stocks at their own peril, according to Thyra Zerhusen, manager of the $1.3 billion Aston/Optimum Mid Cap Fund (CHTTX) from Aston Asset Management.
All signs point toward staying fully invested, according to Howard Present, co-manager of the Virtus AlphaSector Rotation Fund (PWBAX).
Who were the top portfolio managers of the last ten years and why? Watch the video below from Morningstar and find out:
The closed-end fund market begins 2010 on a somewhat muted note, without the customary New Year's bounce.
ProShares today launched eight exchange-traded funds that aim to magnify their benchmark exposures by 300%.
