Topic: Mutual Funds
Mutual fund fees that are actually good for you
AP News
Redemption fees charged by mutual funds lead to better long-term performance, researcher saysDon't turn your back on mutual funds that charge redemption fees, says Michael Finke, associate professor and Ph. D. coordinator of personal financial planning at Texas Tech University. His research says such fees, which can charge up ...
$4 billion yanked from stock funds in February
Reuters US Online Report Business News
BOSTON (Reuters) - Investors in February pulled an estimated $3.7 billion from U.S. stock-focused mutual funds, dashing hopes of a rebound in demand for equities, while showering $19.7 billion on taxable bond funds, according to a report from Morningstar. After investors pulled almost $26 billion from U.S ...
Money fund assets fell to $3.090T in latest week
AP News
Money fund assets fell by $36.22 billion to $3.090 trillion in latest weekTotal money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell by ...
Money fund assets fell to $3.126T in latest week
AP News
Money fund assets fell by $39.7 billion to $3.126 trillion in latest weekTotal money market mutual fund assets fell by $39.7 billion to $3.126 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell by ...
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