Mutual Funds News Archive

05-Jun-2009

 

Results of Securityholders Meetings for National Bank Securities Mutual Funds and Notice of Redemption of Securities ... (CCNMatthews via Yahoo! Finance)
MONTREAL, QUEBEC-- - In the context of the implementation of its mutual fund line-up optimization project, National Bank Securities announces the approval of all proposals submitted to the vote of securityholders of the relevant funds at a first series of special meetings held today.

First Metro secures approval for mutual fund (BusinessWorld Online)
The First Metro Investment Group has secured regulatory approval to open a mutual fund ? a professionally-managed investment that pools funds from many investors ? that would primarily put money in short-term, fixed-income securities and instruments.

Mutual Funds: Fund manager to peers: 'We stunk' (Market Watch)
If you believe that after last year?s stunning losses, mutual-fund managers are guilty of gross negligence, you have a friend in Bob Rodriguez.

The leading source for mutual fund intelligence (Fund Action)
Old Mutual, through its South African asset management subsidiary Old Mutual Investment Group (SA), will launch five exchange-traded funds in the fourth quarter, marking the U.K. firm's first foray into ETFs.

Results of Securityholders Meetings for National Bank Securities Mutual Funds and Notice of Redemption of Securities ... (Marketwire)
MONTREAL, QUEBEC--(Marketwire - June 4, 2009) - In the context of the implementation of its mutual fund line-up optimization project, National Bank Securities announces the approval of all proposals submitted to the vote of securityholders of the relevant funds at a first series of special meetings held today. At such meetings, securityholders of the relevant funds have approved the following ...

Italian Mutual Funds Had First Inflow in Two Years Last Month (Bloomberg)
Funds had a monthly net inflow of about 1.6 billion euros ($2.3 billion) in May, compared with an outflow of 807 million euros a month earlier. Investors placed 587 million euros in stock funds in May and 257 million euros in bond funds.

Where ETFs and Mutual Funds Collide (TheStreet.com)
The ETF Market Opportunity Fund blends the transparency of ETFs with the guidance of mutual funds.

Stocks vs. mutual funds: Which is right for you? (Money via Yahoo! Finance)
Question: I'm planning to invest some money in the stock market, but I'm wondering whether I should buy mutual funds or individual stocks. Which do you think is better? And in the event I decide to go with stocks, which ones do you think are really good buys now? --Monique Thompson

Small investors can still find decent funds (USA Today)
Sometimes it's fun to daydream. What if watchdogs could tell time? What if carpenter ants built itty-bitty gazebos? What if mutual funds allowed small investors to own a slice of a diversified portfolio of securities?

India Mutual Funds' Assets Under Management Up 16% On Month In May (Nasdaq)
MUMBAI -(Dow Jones)- The value of assets managed by Indian Mutual Funds rose 16% in May from April, boosted by a 28% jump in the benchmark index that encouraged institutional investors to get off cash and invest in equities.

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