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Mutual Funds News Archive20-Nov-2007
Cohen & Steers Open-End Mutual Funds Announce Projected Capital Gain Distributions (PR Newswire via Yahoo! Finance)
Cohen & Steers Capital Management, Inc., the investment advisor to each of the Cohen & Steers open- end Mutual Funds, announced projected short-term and long-term capital gain distributions for 2007 as follows:
Proposal to cut mutual fund verbiage could lighten investors' load, save some trees (San Jose Mercury News)
NEW YORK - The disclosure statements that come with Mutual Funds can seem so impenetrable that many investors don't bother slogging through them and instead toss them aside.
Cohen & Steers Closed-End Mutual Funds Announce Projected Capital Gain Distributions (PR Newswire via Yahoo! Finance)
Cohen & Steers Capital Management, Inc., the investment advisor to each of the Cohen & Steers closed- end mutual funds, announced projected long-term capital gain distributions for 2007 as follows:
A Bunch of Interesting Funds (Guru Focus)
One of the strangest mutual funds I've ever heard of ? and I can recall when Mario Gabelli started a fund with the words Couch Potato in the name ? is the Roosevelt Anti-Terror Multi-Cap Fund. The so-called "next best thing in socially screened investing."
UTI MF to launch funds for PSUs (Express India)
UTI Mutual Fund will soon launch products to cater to public sector companies, which have recently been given green light to park surplus money in mutual funds.
SEC announces US$31.5 million to investors Injured by undisclosed market timing in MFS Funds (Investment Executive)
The U.S. Securities and Exchange Commission reported that it has distributed US$31.5 million to more than 150,000 investors who were harmed by undisclosed mutual fund market timing in the MFS funds between 1999 and 2003.
California donors to launch mutual funds (AP via Yahoo! News)
The term of choice in political giving these days is straight out of the world of finance ? donors have become "investors." Now, liberal California venture capitalists have come up with the natural corollary ? political "Mutual Funds."
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