Mutual Funds News Archive

29-Jan-2007

 

Top Performing Mutual Funds Fail to Repeat Past Performance in 2006, Says S&P (PR Newswire via Yahoo! Finance)
Standard & Poor's, the world's leading provider of independent investment research, indices and ratings, released today its latest mutual fund persistence scorecard that measures the consistency of top mutual fund performers over time.

Integrity Mutual Funds CEO Robert Walstad Announces Retirement (PR Newswire via Yahoo! Finance)
Integrity Mutual Funds, Inc. , a mutual fund and financial services company, announced today that founder, chief executive officer and chairman of its board of directors, Robert E. Walstad, is retiring from his roles with the company, effective February 1, 2007.

Mutual Funds: Naysayers are eating big helping of golden crow (The Salt Lake Tribune)
Along with the patience to endure decades-long bear markets, some gold investors have extraordinarily long memories. So we learn from a piece of mail that arrived the other day containing a copy of a column I wrote almost six years ago. The missive, which lacked a return address, consisted of three parts stapled together: The column, dated May 4, 2001, bearing the headline ''Gold Funds' ...

Aberdeen says funds will see steady growth (Bangkok Post)
Aberdeen Asset Management expects investments in its funds to grow by at least 140% this year, the same rate as in 2006. Robert Penaloza, the company's CEO, said the expected growth would stem from a variety of new mutual funds.

Odds are in your favor if you bet on index funds (Sun-Sentinel)
Investing in Mutual Funds can be complicated, but it doesn't need to be. If you want to spend your dollars wisely, buy low-cost index funds.

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