Admittedly, November has started off quite slow here at the Mutual Fund Site. But given some of the recent events that we have seen (historic mid-term elections, the news of more quantitative easing also known as QE2), it seems wise on our part to let the dust settle before we start stirring things up again. [...]
Fairholme has taken steps to launch a new actively managed mutual fund, according to recent regulatory filings and this report at Morningstar. This will be Fairholme’s second fund launch this year after opening the doors to the Fairholme Income Fund (FOCIX), a bond fond that holds mostly good corporate debt and a whole bunch of [...]
Without question, mutual funds need to be more transparent when it comes to the fees they charge. As it stands now, investors see what expense ratio is being charged on their funds but they have to dig fairly deep to find out what other fees, namely administrative fees, they are paying for through their investment [...]
Not too long ago, we suggested that the future of mutual funds would see a sharp increase in the demand for income funds. This demand will result in greater pressure for fund managers who will need to seek yields elsewhere since bond yields, as low as they have been and may remain in the near [...]
One of the most surprising figures surrounding the mutual fund industry should not be much of a surprise at all. The fact that domestic equity funds continue to bleed should not be all that much of a surprise given that positive and attractive gains clocked in other asset classes and equity groups. According to Morningstar’s [...]
This idea of a “new” normal is an interesting one. We touched on it briefly when we wrote about Domestic Equity Funds and how we saw a bright future for equity funds heading into 2011. Our position remains the same and we believe there are plenty of very convincing reasons for trusting that the domestic [...]
Just last week, we wrote about one emerging markets fund that took a pretty clear position in India over China. The fund in question was the Virtus Emerging Markets Opportunities Fund (HEMZX) which is a large cap growth fund that has fairly low risk and has provided below average returns for investors. But what intrigued [...]
A decade can be a funny thing. For many, it is a measure of success or failure (e.g. “I wish I had made my first million by 40″), for others a reason to celebrate (e.g. “It’s grandma’s 90th birthday!”). And so it goes with mutual funds. For example, Morningstar recently reported that the past decade [...]
In a recent Bloomberg piece, investment billionaire Ken Fisher called the “new normal” “idiotic.” The new normal he refers to is the one that suggests that US economy will have less relevance in a global playing field. And by idiot, what Ken Fisher is saying is that the US economy will remain a global powerhouse [...]
Domestic equity funds are an interesting beast. And buyers of these funds confirm this; with August’s numbers in at Morningstar, domestic equity funds saw outflows of $14.3 Billion for the month and outflows of $42.2 Billion for the year. The biggest hit was felt by large cap growth and large cap value. So where are [...]
Mutual funds serve a great need. This much is obvious when one looks at the total assets under management that many of these mutual funds are responsible for turning into profit and distributions. But what a lot of market observers quickly notice is that the most popular funds are those that provide an income with [...]
One of the key equity areas that investors will have been happy to target over the past year is Value. Value funds, regardless of capitalization, have outperformed growth and blend oriented strategies in each of their categories on a YTD basis. This is something definitely worth noting because one of our Top Mutual Fund Picks [...]
One of the emerging trends which has grabbed our attention here at the Mutual Fund Site and is something clearly worth bringing up again is that despite there being some benefits to holding high yield investments in 2010 (we refer specifically to our top pick among bond funds, the Janus High Yield Fund (JAHYX)), the [...]
