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Mutual Funds News Archive24-Sep-2006
UITs get new life as equity vehicles (AP via Yahoo! News)
Unit investment trusts, for years a popular way to hold municipal bonds, are getting a second life in investors' equity portfolios as an alternative to Mutual Funds.
Patience is a must for mutual-fund investors (The Fort Collins Coloradoan)
Even top-performing Mutual Funds have periods of underperformance.
Mutual Funds: Two fund juggernauts go head-to-head in an index showdown (The Salt Lake Tribune)
It's a showdown of mighty proportions - titans from two of the world's biggest mutual- fund companies battling face-to-face in the 30 years' war between actively managed and index funds. One of these giants is the largest U.S. fund of any kind, Capital Group Cos.' Growth Fund of America, an actively managed growth stock fund with $147 billion of assets in more than 4 million shareholder
Glut of funds costs ?6bn a year (eFinancial News)
The bewildering range of retail and institutional funds available to investors in Europe is more than just a marketing problem.
Westwood Cuts Minimums on Mutual Funds (AP via Yahoo! Finance)
Westwood Holdings Group Inc., an asset manager for mostly institutions and high net worth individuals, on Friday said it slashed the minimum investment on its four mutual funds to $5,000 from $100,000.
Creststreet Mutual Funds Limited Pays Special Distribution (CNW Group via Yahoo! Finance)
Creststreet Mutual Funds Limited today declared a special distribution to shareholders of record invested in the Creststreet Resource Fund as of September 22, 2006, payable on September 28, 2006.
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