Mutual Funds

Displaying 2352 results

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Berthel Fisher latest to face penalty over fund charges

The SEC has been cracking down on disclosures surrounding payments by funds to broker-dealers and RIAs. The agency launched an initiative in February 2018 to target advisory firms that recommended high-fee mutual funds.

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ESG loyalty will be tested as performance starts to lag

A report shows that the ESG investment category 'got lucky' by benefiting from high-profile climate disasters.

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Financial advisers hone their focus on ESG strategies

As investor demand grows, advisers are realizing they need to step up their ESG game.

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Fund industry wants lower fees for document delivery

The Investment Company Institute says 25 cents per emailed document is excessive and hurts investors. Broadridge, a fintech firm that sends most proxies and other material to fund shareholders, asserts its system reduces costs for investors.

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Vanguard robo-adviser to offer active mutual funds

The funds will be made available for clients of its robo-adviser Personal Advisor Services through advised portfolios as part of a five-fund active equity offer.

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American Century rigs hiring at its employees’ expense

I thought we were all supposed to be free-wheeling capitalists in the financial advice industry — unless you recently worked for mutual fund giant American Century Companies and at least one of its local competitors.

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Federated enters ETF market with 2 active bond funds

The asset manager known mostly for its money market funds has high hopes for its late move into fast-growing exchange traded funds. The firm first filed plans to launch the fund 10 years ago.

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Direct indexing emerges as must-have tool for tax management, ESG investing

The trend toward offering customizable indexes puts direct indexing on a track for explosive growth, according to new research from Cerulli Associates.

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Kestra’s $10.3M settlement is proof fund-fee disclosure remains a priority at the SEC

The Kestra settlement and other recent ones demonstrate the SEC’s concern is extending to revenue sharing.

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Mutual fund-to-ETF bonanza may be getting started

An executive at Citi, which acted as transfer agent for the conversion of four Dimensional Fund Advisors mutual funds into ETFs this week, expects many more such switches.

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Decentralizing proxy power

Twenty-two percent of the shares of a typical S&P 500 company sit in the portfolios of the Big Three index fund companies: BlackRock, State Street and Vanguard. This is a massive voting bloc, especially when you factor in that many shareholders don't take the time to vote.

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Why ETF track records are becoming an afterthought

Shrugging off the once-coveted, three-year performance record, advisers are pouring billions of dollars in assets into funds with untested histories.

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ESG investing can be volatile — but doesn’t have to be

Investors in concentrated ESG strategies have experienced crashing lows from the highs of last year, while broadly diversified strategies have offered a smoother ride and still beat the S&P 500.

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Federated Hermes takes advisers to school on ESG

The company's new Responsible Investing Institute taps into the growing appeal of ESG investing by giving financial advisers a road map to building portfolios and working with clients. Beyond the courses, the curriculum also include podcasts.

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Proxy voting adds ESG leverage to retirement plans

A new Morningstar report presents proxy voting as a backdoor entry to ESG investing for retirement plan participants. As advocates pressure for simpler proxy voting procedures, retail investors could gain considerable leverage.

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Fidelity opens securities lending platform to all comers

The agency lending platform joins a compact group of less than a dozen companies that enable funds to lend securities to be sold short.

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Fund manager finds way around capital gains distributions

Huber Capital Management borrows a page from the exchange-traded fund industry to protect mutual fund investors from taxes.

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Morningstar analyst ratings hit another speed bump

Errors in computer-generated reports on mutual funds lead to a classic Twitter dust-up in which a disgruntled fund manager challenged the company's analysis of his funds.

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Investor appetite for ETFs on the rise: Schwab

ETFs expected to make up a growing share of investor portfolios in the year ahead, according to Charles Schwab & Co.’s ETF Investor Study.

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Finding diversification beyond market-cap-weighted indexes

The equally weighted S&P 500 index has outperformed its cap-weighted counterpart this year.