November 2007

Top Mutual Funds News

Kicking the fund-trading habit
It seems like I should just create a proper mix of index funds and let it go, periodically rebalancing between funds. You'd certainly think that working hard and smart to pick the best mutual funds should result in better performance.

Out of the vanguard
Owens works at Wellington Management in Boston but is best known as the manager of the $27 billion Vanguard Health Care Fund, the top-performing healthcare mutual fund over the past 10 years and a leader by many other long-term measures. So far this year, Vanguard Health Care trails all but 11 of 70 comparable funds with a return of 3.86 percent through last week, according to Lipper Inc. - just less than half the average earned by healthcare sector funds for 2007.

4 Ways to Ruin Your Retirement
The best way to ruin your portfolio's performance: Buy hot stocks and mutual funds. According to Standard Poor's, a top-25% mutual fund has only one chance in 10 of remaining a top-25% mutual fund for more than one year running.

News
Evidence from sources such as trading levels through IFA Hargreaves Lansdowns Vantage platform for managing client assets suggests Asia-focused funds have become increasingly popular in the past month, while IMA statistics published earlier this week emphasised the relative popularity of both Asian and ethical funds. For the AFI Cautious index the top voted fund is Old Mutual Corporate Bond, with the best performer over three years being Martin Currie Emerging Markets.

Special Report
Audrey Clemo's heart is weak even in the best of times. Gasoline prices, credit scores, taxes, retirement, taxes, real estate and mutual funds also are important, judging from the list of most popular Personal Finance stories published by MarketWatch since the site launched 10 years ago this week.

Investing: The Net Wisdom of Peers
Marketocracy.com, a San Mateo (Calif.)-based investment company that launched in July, 2000, uses a social network to generate the research that informs its funds' investment decisions. Kam, who had previously worked in the medical devices industry and was running the fund's health-care/medical portion, found that the best ideas about a company and its business prospects came from people working in that particular industry, not from Wall Street analysts and brokers.

MSN Money and Morningstar Collaborate to Provide Streaming Video ...
Morningstar is providing stock and fund video reports, analyst commentary on news events, and mutual fund manager interviews on the MSN Money Web site. Morningstar provides data on more than 260,000 investment offerings, including stocks, mutual funds, and similar vehicles.

Personal Finance stories
Case in point: we know the best employers for workers over age 50. Millions of U.S. investors with cash in these mainstream vehicles are asking that question as some leading banks, investment managers and mutual-fund companies take steps to shield money funds from potential losses on troubled debt in their portfolios.

The mutual fund news report that sparks ideas
For mutual funds, regulatory refinements at the SEC may not be the only focus of Washington interest in 2005. Right now, while the limits of Republican power in the new 109th Congress have not yet been tested, is when President Bush's second term agenda on taxes should have its best chance.

Market timing newsletters with best long-term record are bullish
Still, enough breathing room remains to let us to step back and review the forecasts of those stock market timing newsletters that have the best long-term records. Equity Funds" model portfolio is around 49% invested.

AIMInvestments.com Recognized as Top 10 Web Site by Two Firms
AIMInvestments.com also was ranked among the top 10 mutual sites for intermediaries and consumers for the third quarter of 2007 by Dalbar, Inc., which evaluates and ranks mutual fund web sites based on the scope of functionality and their usability. A I M Distributors, Inc. is the distributor for the retail mutual funds represented by AIM Investments and the exchange-traded funds managed by PowerShares Capital Management LLC. Fund Management Company is the distributor for the domestic (U.S.) institutional money market funds.

Ten investing ideas for the next 12 months
He sees the Fed funds lending rate headed toward 3% in 2008 from 4.5% today, and perhaps as low as 2% before the Fed is done and the economy recovers. The best-performing market sectors in that environment, according to Bank of America strategist Tom McManus, include technology, energy, consumer staples, and health care.

A top-performing area fund rates kingly salute
The fund, one of the Mendon-based Bullfinch Funds, was outperforming the overall market when I last wrote about it in July. Graham's shares started 2007 at $13 and closed Friday at $54.14, making it the best performer among Rochester stock index companies listed on this page and the best among presenters at the conference.

Excel Funds Management Inc.: Big Rallies for India and China Stock ...
Excel Funds Management Inc. ("Excel Funds") specializes in managing mutual funds that invest in India and China. "Excel China Fund offers investors the best China Fund in Canada that earned the 2007 Lipper Award for best fund in the Asian ex-Japan category," states Mr. Asdhir.

Top Scoops
These funds are in turn part of a $17 trillion global pool of money belonging to what bankers euphemistically call 'high- net-worth-individuals' a pool that generates more than $150 billion a year in banking revenue. The question is which vision is best for we, the equity investors of America?