Mutual Funds Updates

The New York Attorney General’s office has championed “Active Share” as a metric for investors to understand what value they’re getting out of their investment fund, but many in the industry, including the academic who invented it, warn the number...

Investors seek refuge in safer bonds, pulling money out of high yield and putting it into Treasury funds.

New York Attorney General Eric Schneiderman said the companies agreed to begin reporting "Active Share," or the percentage of holdings that does not overlap a benchmark index.

Some socially responsible investors have begun lumping Facebook in with so-called sin stocks, such as tobacco or weapons shares, they routinely filter out of their portfolios.

Passive investments aid in slashing of fund fees, David Peavler joins HD Vest as general counsel and Steven and Jeremy Friedman leave Wells Fargo Advisors for Raymond James.

"You must beat passive or you don’t survive."

Investors need to understand that value funds and ETFs don't all look, or behave, alike. They warrant deeper scrutiny beyond costs.

They also yanked $40 billion out of U.S. money market funds.

There might be lots of reasons, but market-beating performance isn't one of them.

They not only might have looked good, they would have shed some dogs.