By ROBERT D. HERSHEY Jr.
BUYERS of mutual funds may soon get an easy-to-understand description of potential investments without having to confront that formidable outpouring of legal verbiage known as the prospectus.
In what the Securities and Exchange Commission calls an effort to revolutionize fund disclosure, the agency has proposed that fund sponsors rework summaries of […]
Posted on January 13th, 2008 by admin
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By CONRAD DE AENLLE
FOREIGN stock markets have been an ideal refuge from troubles at home: decelerating economic and earnings growth, subprime mortgages, a subpar housing market and a tumbling dollar. But after years of strong outperformance abroad, some fund managers are bringing their investors’ money home.
Profit-taking accounts for some of the desire to lighten […]
Posted on January 13th, 2008 by admin
Filed under: Mutual Funds, Investment | No Comments »
By NORM ALSTER
IT was a very good year for technology mutual funds, which returned more than 17 percent, on average, according to the research firm Morningstar. But a few tech funds seemed to be operating on a far faster track in 2007, lapping the field while racing to gains of 30 percent or more.
Scholarly […]
Posted on January 13th, 2008 by admin
Filed under: Mutual Funds | No Comments »
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