Gold Bugs: Some Mutual Funds Move Into Gold
Morningstar.com - Tue Nov 10, 7:00 am ETDoes your mutual fund have the fever?
Does your mutual fund have the fever?
The U.S. Supreme Court appeared wary Monday of second-guessing the fees that mutual funds pay to the investment advisers who run them. The Court heard oral arguments in Jones v. Harris Associates , a closely watched case that could have major impact on the fee structure in the nation's $10 trillion mutual fund industry.
AGF Management Limited reported total fee-earning assets under management of $43.3 billion as at October 31, 2009, an increase of 14.8% from October 31, 2008. Net redemptions of long-term mutual funds were $65.2 million for the month ended October 31, 2009, compared with long-term mutual fund net redemptions of $214.2 million in October 2008.
If the court throws out an existing standard for judging whether advisory fees are excessive, fund expenses could climb, crimping investor returns
Royce Funds was started 37 years ago, with a specialty in small-cap stocks. Now the company's mutual funds are tops in almost all categories.
The U.S. Supreme Court is taking a close look at a question individual investors have long asked about their mutual funds, but the courts have largely ignored: Why am I getting charged twice as much as big institutional...
TORONTO, ONTARIO-- - Stone & Co. Limited today announced changes to certain mutual funds it manages.
Value-focused mutual fund firm Tweedy Browne singled out financials and technology stocks in a letter this month.
The two large mutual-fund companies have collected $17 billion in municipal-fund inflows this year.
Value Line, billed as 'the most trusted name in investment research,' replaced its leader and agreed to pay $43 million to settle U.S. claims the firm fabricated trades to generate fees from mutual funds it managed.
Nov. 10 (Bloomberg) -- Scottish Widows Investment Partnership aims to complete two real-estate purchases in the U.K. in coming days as customers pour money into its property mutual funds.
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