September 2007

Mutual Funds News Update

Morningstar says many mutual funds are poor stewards
Some major mutual-fund companies have stumbled in their stewardship duties, in the eyes of investment-research firm Morningstar Inc., while others impressed by displaying independence or lower fees. The Chicago-based firm's latest stewardship grades

Vanguard Set to Unveil Mega-Cap Funds
Just as volatility is driving investors away from the risks associated with smaller-cap stocks, the Valley Forge, Pa., index giant plans to launch three mutual funds that will invest in mega-caps, or companies with market capitalizations ranging from just under $3 billion to nearly $500 billion.

Navellier Associates' Fund Ranked #1 Mid Cap Core Fund by The Wall ...
Navellier Associates is a money-management firm that runs about $5 billion in assets in mutual funds, private accounts, and alternative investments. On the first Monday of every month The Wall Street Journal compiles a list called, "Category Kings in 16 Realms," listing the top year-to-date performing mutual funds.

CHUCK JAFFE: When It Comes To Mutual Funds, Labels Can Be Deceiving
When it comes to mutual funds, however, labels can be a bit deceiving, and they can change.

Mutual Funds Have Pros, Cons For Retirees
We know that when the Nasdaq goes down, 90 percent of mutual funds also go down. Yet we are stuck with mutual funds in our 401(k)'s anyway.

When it comes to mutual funds, labels can be deceiving
When it comes to mutual funds, however, labels can be a bit deceiving, and they can change.

Funds Cave to Google's Blind Eye at Censorship
Arends takes a critical look inside mutual funds and the personal finance industry in a twice-weekly column that ranges from investment advice for the general reader to the industry's latest scoop.

Pro-Labor Mutual Funds Not Sacrificing Profit
But some mutual funds focusing on companies that have good relationships with organized labor are doing quite well, thank you. TheStreet.com Ratings tracks three open-end mutual funds with investment philosophies in alignment with unions.

Integrity Growth Income Fund Differentiates with a Multi-Dimensional ...
Integrity Mutual Funds, Inc. (IMFD.OB), a mutual fund and financial services company, is challenging today's investors to join the Ethical Investment (EI) movement and broaden their moral vision to apply the same values to their investment portfolios as they would in raising their children. Integrity Mutual Funds, Inc. is publicly traded over the OTC Bulletin Board under the symbol IMFD.OB.

China next new big market for U.S., European mutual funds
MarketWatch offers complete coverage of mutual funds and exchange-traded funds. Don't risk sticking with a buy-and-hold strategy in mutual funds.

Mutual Funds Personal Finance
The manager of the $2.88 billion MFS Emerging Growth Fund buys stocks with a plan to hold for two or three years. Fischman looks for reasons ...

Mutual Fund Tip: Go for consistency
Consumer Reports, an independent consumer ratings service said it’s a bad idea for people to choose mutual funds that have the best recent record. There was some shifting to mutual funds and unit investment trust funds from time deposits, which were giving measly seven to eight percent returns.

Interactive Data Introduces New Service That Calculates Intra-Day ...
For many years, Interactive Data has provided mission critical evaluations and pricing data to mutual funds and investment firms, and we believe that delivering intra-day valuations for exchange traded funds is a natural extension of this busines

Dollar drops to record low
The dollar rose 0.4 percent to 115.15, pulling away from the days low around 114.50, as Japanese mutual funds bought the dollar and other foreign currencies to obtain overseas assets. In an effort to tame the rupees surge against the dollar, Indias central bank has relaxed overseas investment by local companies, mutual funds and individuals.

The 25 Best Mutual Funds
Understanding the ins and out of mutual funds will help you become a smarter, better investor. Take a look at these stories from the latest Kiplinger's Mutual Funds special issue.