Gourt > Business > Investing > Mutual Funds (10)
- This article deals with U.S. mutual funds. For other forms of mutual investment see the article, Collective investment schemes.
A mutual fund is a form of collective investment that pools money from many investors and invests the money in stocks, bonds, short-term money market instruments, and/or other securities. In a mutual fund, the fund manager trades the fund's underlying securities, realizing capital gains or loss, and collects the dividend or interest income. The investment proceeds are then passed along to the individual investors. The value of a share of the mutual fund, known as the net asset value (NAV), is calculated daily based on the total value of the fund divided by the number of shares purchased by investors.
Legally known as an "open-end company", a mutual fund is one of three basic types of investment companies available in the United States. Outside of the U.S., mutual fund is a generic term for various types of collective investment. In the UK and western Europe (including offshore jurisdictions) other forms of collective investment are prevalent including unit trusts, Open-Ended Investment Companies (OEICs), SICAVs and unitized insurance funds.
History
The first open-end mutual fund, Massachusetts Investors Trust was founded on March 21, 1924, and after one year had 200 shareholders and $392,000 in assets. The entire industry, which included a few closed-end funds, represented less than $10 million in 1924. More on [ Mutual fund ]
Financial Planning :: Financial Services
Mutual Funds :: Investing
The Forest, the Trees and Your Portfolio
By JEFF SOMMER Sun, 22 Nov 2009 00:00:00 -0500
Many investors take wrong turns because they are swayed by emotion and assume that recent performance will predict the future.
In Fund Flows, a Caution for Stocks
By MARK HULBERT Sun, 08 Nov 2009 00:00:00 -0500
The skepticism of mutual fund investors during Wall Street’s rally suggests that stocks aren’t entering a bull market.
The Court and Your Savings
Mon, 02 Nov 2009 00:00:00 -0500
Congress wisely put limits on the ability of mutual funds to overcharge investors. The Supreme Court needs to give the law the power that Congress intended.
Legg Mason Picks Investor and Advocate for Its Board
By THE ASSOCIATED PRESS Tue, 27 Oct 2009 00:00:00 -0400
Trian Fund Management, the company of Nelson W. Peltz, the new board member, holds a 4.3 percent stake in Legg Mason.
Fund Plans to Invest in Companies With Women as Directors
By JULIA WERDIGIER Tue, 27 Oct 2009 00:00:00 -0400
Two separate 2007 studies showed that companies with the most women on their boards showed the best profitability.
Site Lets Investors See and Copy Experts’ Trades
By CLAIRE CAIN MILLER Mon, 19 Oct 2009 00:00:00 -0400
On KaChing, model investors’ trades and track records are public, and for a fee, clients can make the same trades that a successful trader makes.
Forbes.com: Mutual Funds News
Using Gold as Calamity Insurance
Michael Maiello Thu, 24 Dec 2009 23:00:00 -0000
Jean-Marie Eveillard has used the metal to hedge against disaster in First Eagle funds.
It's All About Your Asset Allocation
Laura F. Dogu Wed, 23 Dec 2009 20:30:00 -0000
With the right mix of stocks and bonds, you won't panic if the stock market falls.
The Key To Investing Successs: Start With A Plan
Laura F. Dogu Fri, 18 Dec 2009 18:00:00 -0000
Big pension funds have Investment Policy Statements. So should you.
Mutual fund advice and news - CNNMoney.com
The wide world of index funds
Wed, 16 Dec 2009 09:18:31 -0500
Select from our sampling of the largest passive portfolios that track either U.S., foreign, or specialty markets.
Catch a high-flying fund - up 56%
Wed, 25 Nov 2009 10:29:51 -0500
When the herd of investors heads in one direction, count on Don Yacktman to steer his fund the other way.
3 reasons not to ditch Dodge & Cox International
Tue, 20 Oct 2009 14:21:36 -0400
Last fall Dodge & Cox International made big bets in the emerging markets and in economically sensitive stocks it considered undervalued, such as financials. By the end of 2008 the portfolio had sunk 47%, making it one of the worst-performing foreign large-value funds last year.
Standard and Poor's Fund Services - Offers access to a database with over 51,000 mutual funds across the globe.
About Mutual Funds - Latest on mutual fund industry developments and mutual fund investing topics.
IFG Capital Limited - Providers of mezzanine and buy-out capital.
Investment Company Institute - ICI is a trade organization for the U.S. fund industry. Site provides current news and research projects, reports and member positions on regulation.
Meta Description: [ The Investment Company Institute, the national association of American mutual funds, maintains this website to enhance public understanding of mutual funds and other investment companies and the legislative, regulatory, and economic policy issues that affect funds and their shareholders. ]
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Lipper Leaders - Set of tools for selecting mutual funds, includes mutual fund scores.
Meta Description: [ Lipper, a Reuters company, is a global leader in supplying fund information, analytical tools, and commentary to asset managers, fund companies, financial intermediaries, traditional media and public websites. Lipper's products and services provide accurate, unbiased, and timely mutual fund analy... ]
Mutual Fund Investor's Center - Features daily pricing and performance information on more than 9,000 mutual funds plus daily news and educational information about fund investing.
Mutual Funds Net - Directory of major fund companies and broker dealers. Links such as online prospectuses and related investment information.
Meta Description: [ Mutualfundsnet is a niche search engine site exclusive to the mutual fund and related investment industry. Find mutual fund jobs and careers, news, regulatory and compliance, plus relevant financial services resources. ]
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Mutuals.com Inc. - Evaluates and sells all mutual funds in the United States. Personal advice and mutual fund superstore are available.
Planet Funds - Mutual funds portal with performance information and fund reports.
Yahoo! Finance -- Mutual Funds - Top performers, quotes, reference, news, message board, and personalized portfolio with registration.
Meta Description: [ Mutual Funds Center - Get investing strategies, data, and mutual fund news in the Yahoo! Finance Mutual Fund Center. The Fund Screener surfaces low-cost and top-performing funds for each asset category and provides detailed fund profiles, fund charts, and news on fund manage ]
Forbes.com: Mutual Funds News - Mutual Funds News from Forbes.com
Forbes.com: Mutual Funds News - Mutual Funds News from Forbes.com
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