Mutual Fund News
Learn more about tax-saving mutual funds (rediff.com)
ELSS are Mutual Funds that invest in the stock market and give the tax benefit under Section 80C of the Income Tax Act.
Muni Funds Keep Making History (Financial Planning.com)
Investors continued shoveling rare quantities of cash into municipal bond Mutual Funds last week. Muni funds that report their figures weekly attracted $1.12 billion in cash from investors during the week ended June 3, according to AMG Data Services.
Putnam to Offer Hedge Funds Within Six to 12 Months (Financial Planning.com)
As part of an increasing trend among mutual fund companies to diversify their offerings into new areas, Putnam Investments is planning to offer hedge funds in the next six to 12 months, according to the firm?s chief executive officer, Robert L. Reynolds.
Five Lessons From Mutual Fund Leaders (Washington Post)
The biggest names in the mutual fund business, convening for the annual Morningstar Investment Conference in Chicago, discussed everything from the hottest new exchange-traded funds to how to keep a lid on trading costs. As for the big picture, the experts offered some conclusions that investors may...
USAA's Mutual Funds and Brokerage Services Recognized by American Association of Individual Investors (PR Newswire via Yahoo! Finance)
year period; USAA Brokerage Services ranks No. 1 in overall satisfaction for broker-assisted trades
Top Small Cap Equity Funds (Zacks.com via Yahoo! Finance)
Artisan Small Cap Value , Conestoga Capital Advisor Small Cap and Royce Special Equity Fund are small cap funds that could make a big impact on your portfolio.
China?s Mutual Fund Industry Goes International (Wall Street and Technology)
China is opening its notoriously closed mutual fund industry to international investing, injecting more than 1 billion potential investors into the global markets. Meanwhile Western fund managers and technology providers hope to provide much-needed expertise to Chinese investment firms.
FOCUS-Stocks surge nudges investors back to India equity funds (Reuters via Yahoo! Philippines News)
* Stock funds net 19.3 bln rupees in May, best in 14 mths
China?s Mutual Fund Industry Goes International (Finance Technology Network)
China is opening its mutual fund industry to international investing, injecting more than 1 billion potential investors into the international markets. Meanwhile, Western fund managers and technology providers are scrambling to provide much needed expertise to Chinese investment firms.
Malcolm Berko: Most college funds fail to make the grade (Post-Bulletin)
We have 6-year-old twins to send to college in 12 years. Our broker suggested a 529 Plan and wants us to invest in American Fund's Washington Mutual and American Fund's Investment Co. of America.
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