Sell All Your Mutual Funds – And Save By Brett Eversole Analyst, True Wealth Systems
Ă‚Â Tuesday, May 29, 2012 Today’s advice is simple: You need to call your broker and sell your mutual funds right now. Don’t worry. We aren’t on the brink of catastrophe. I don’t believe the stock market is going to collapse. But there is NO reason you should own any mutual funds today… or any other time for that matter. Selling your mutual funds will easily save you a hundred …
ETF-Based Strategies Grew 43% as Investors Avoid Active Funds By Christopher Condon
Ă‚Â Jan. 23 (Bloomberg) — Money overseen by U.S. investment managers who buy exchange-traded funds instead of individual stocks and bonds rose by 43 percent in the last year, even faster than the growth for ETFs, according to a report from Morningstar Inc. The 370 ETF-based investment strategies tracked by Morningstar grew to $27 billion in the year ended Sept. 30, the Chicago-based research firm said today. That outpaced the …
Fund Companies to Expand ETF Presence in `12 By Virginia Munger Kahn
The stage is set for more exchange-traded fund launches from traditional fund companies this year. Last month, Fidelity investments moved to significantly expand its role in the ETF market by filing an application for exemptive relief with the Securities and Exchange Commission to roll out a suite of ETFs. The filing envisions the launch of index-based domestic and international stock and bond funds including 130/30 and other long/short funds. “This …