Mutual Funds News Archive

01-Aug-2007

OUTLOOK BZ WBK Q2 net profit seen up 18 pct on lending and mutual funds boom (Sharewatch)
WARSAW (Thomson Financial) - Polish mid-sized lender BZ WBK, controlled by Allied Irish Bank, should report an 18 pct year-on-year jump in second-quarter net profit as an economic upswing boosts demand for loans and increases inflows into Mutual Funds.

ICICI mutual removes exit fee on three funds (Reuters via Yahoo! Asia News)
MUMBAI, Aug 1 (Reuters) - ICICI Prudential Asset Management Co. Ltd. said on Wednesday it will not charge any exit load on redemption and switch out from three of its funds.

First American plans to launch three new mutual funds (Minneapolis-St. Paul Star Tribune)
Minneapolis-based First American Funds expects to launch three new mutual funds today. The new funds, First American Quantitative Large Cap Value Fund (FQVAX), First American Quantitative Large Cap Core Fund (FQCAX) and First American Quantitative Large Cap Growth Fund (FQGAX), push the company into an increasingly popular class of mutual funds called quantitative funds, which rely on proprietary ...

'Mutual Funds - E-Learning Course' Provides an in-Depth Coverage of the Mutual Fund Industry and Its Operations in an ... (Business Wire via Yahoo!7 Finance)
Research and Markets (http://www.researchandmarkets.com/reports/c64546) has announced the addition of "E-Learning Course - Mutual Funds" to their offering.

Which is better? Bond mutual funds or individual bonds? (Louisville Courier-Journal)
If you are attracted to the diversification a mutual fund provides or like the idea of receiving dividends more than once or twice a year, bond funds might be a good choice.

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