The SEC Talks Back
Thursday May 21, 2009
A couple of hot button topics received attention at a recent mutual fund conference. Mary Shapiro, Securities and Exchange Commission Chairman, discussed Rule 12b-1 and target-date funds.
I discussed both of ... Read More
US Fund Industry Gets an A
Friday May 15, 2009
The grades are in. They may be controversial, but the grades are in. Morningstar completed a study of mutual funds in 16 countries. The United States was the only country ... Read More
Schwab Lowering Fees
Saturday May 9, 2009
In a letter to clients Walter Bettinger II, CEO of Schwab, announced the lowering of expense ratios in the Schwab Equity Index Funds. Schwab is looking to damper Fidelity’s marketing ... Read More
Game On: Mutual Funds vs. ETFs
Thursday May 7, 2009
Grail Advisors has launched the first, true actively managed equity exchange-traded fund. There have been other ETFs that have claimed to be actively managed, but Grail is the first to ... Read More
Mutual Fund Taxes -- What a Drag
Friday May 1, 2009
As Lipper points out in their April research report, many mutual fund investors were faced with a double-whammy in 2008. Not only were investors faced with a loss due to ... Read More