You can’t open a newspaper or read a magazine without seeing ads promoting the stellar performance of “hot” mutual funds. But past performance is not as important as you may think, especially the short-term performance of relatively new or small funds. As with any investment, a fund’s past performance is no guarantee of its future [...]
Today’s Well Advised column looks at RRSPs and the Future of Mutual Funds, and adviser Preet Banerjee and a new book he’s written entitled simply “RRSPs.’ The book is aimed both at fellow advisors as well as retail investors. With 41 different RRSP strategies and tips, I’d be surprized if some of the content wasn’t an [...]
Of course within the mutual fund industry, there are hundreds of choices. There are conservative funds and risky funds, domestic and international funds and funds that are composed of other mutual funds. Mutual Funds Winners & Losers.
Understanding the edge enjoyed by people who run pension money can make you a smarter investor in mutual funds.
Are you happy with how well your mutual funds are doing?
Didn’t think so. Over the long run, two-thirds of stock funds deliver less than the market as a whole - a performance most of us can stomach, [...]
Mutual fund managers may have a conflict of interest because of the way they are paid. In particular, mutual fund managers are encouraged to make risky investments that are not in the interests of unit holders, and to over-concentrate their holdings. Mutual fund investors, on the other hand, would tend to benefit from less risky [...]
In a new sign of market turbulence, managers of a multibillion-dollar money market fund said on Tuesday that customers might lose money in the fund, a type of investment that has long been considered as safe and risk-free as a bank savings account.
The announcement was made by the Primary Fund, which had almost $65 billion [...]