When Cash Is Bad for Funds


Beware of mutual funds bursting with cash.

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Mutual Funds: Fund manager to peers: 'We stunk'

Market Watch

If you believe that after last year’s stunning losses, mutual-fund managers are guilty of gross negligence, you have a friend in Bob Rodriguez.

 

Be Indian, go global with international funds

rediff.com

Global funds are mutual funds that invest their money in companies located in other countries. They can also invest their money in a particular region, like Asia. They may also choose to invest their money in companies operating in a particular sector like infrastructure.

 

Topsy-turvy times for mutual funds

CNN Money

If you're a mutual fund investor, the damage from the financial crisis is easy enough to measure: The typical blue-chip stock fund, for example, is down 34% over the past year. What may be less obvious to you is the trouble the crisis has caused fund companies - and what that means for your portfolio. After two decades of booming growth, the fund industry is going through its own meltdown. ...

 

TIP DU JOUR: Read disclosures of mutual funds

Courier-Post

Many mutual funds are beginning to charge more to manage money. Rising fund expense ratios are a response to declining markets that have eroded the management revenue that fund companies rely on to cover their own costs.

 

Chuck Jaffe: Why an investing expert owns 62 mutual funds

Market Watch

Don Phillips, a managing director at Morningstar and a recognized figure in the investment business, has 62 mutual funds in his portfolio. That’s no typo. Five dozen -- plus two.

 

CP market perks up as firms tap mutual funds to reduce costs

Business Standard India

The issuance of commercial papers (CPs) has shot up in the past few months with many big companies tapping mutual funds (MFs), which are flush with funds. The firms wanted to reduce their working capital costs by raising money via CPs issued to these funds.

 

Manulife Mutual Funds launches index funds

CNW Group via Yahoo! Finance

Manulife Mutual Funds, a division of Elliott & Page Limited, announced today it has launched three index funds:

 

MFC Global awarded $1 billion mandate from MD Funds

Investment Executive

MFC Global Investment Management has been selected as investment advisor for MD Dividend Fund, a mutual fund offered by MD Funds Management Inc., of Ottawa.

 

Don't Write the Obit for Hedge Funds Yet

Morningstar.com via Yahoo! Finance

New hedge funds and hedgelike mutual funds continue to pop up.

 

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.