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Mar 14, 2012

Loomis Sayles’ Kootz on Apple, Bristol-Myers and bonds

NEW YORK (Reuters) – Where can investors find growth and income in a volatile and yield-strapped market?

One option is the Loomis Sayles Global Equity and Income Fund. The managers of this $540 million portfolio search for high total return and current income, with flexible strategies to invest in stocks and bonds around the world.

Mar 14, 2012

LIPPER: Loomis Sayles’ Kootz on Apple, Bristol-Myers and bonds

NEW YORK March 14 (Reuters) – Where can investors find
growth and income in a volatile and yield-strapped market?

One option is the Loomis Sayles Global Equity and Income
Fund. The managers of this $540 million portfolio search for
high total return and current income, with flexible strategies
to invest in stocks and bonds around the world.

Mar 9, 2012

Picking the best mutual funds of 2012

NEW YORK (Reuters) – There are about 6,000 mutual funds available to U.S. investors. Which ones are likely to be most suitable for you in these difficult times?

The 2012 Lipper U.S. Fund Awards recognize equity, bond and mixed-asset funds that outperformed their peers in volatile markets with lower risk and more consistent performance.

Mar 9, 2012

LIPPER: Picking the best mutual funds of 2012

NEW YORK, March 9 (Reuters) – There are about 6,000
mutual funds available to U.S. investors. Which ones are likely
to be most suitable for you in these difficult times?

The 2012 Lipper U.S. Fund Awards recognize equity, bond and
mixed-asset funds that outperformed their peers in volatile
markets with lower risk and more consistent performance.

Nov 21, 2011

After 25 years, Capital Income Builder fund still does it

NEW YORK, Nov 21 (Reuters) – It’s never been possible to
get everything you wanted in one mutual fund. If you wanted a
high yield, you couldn’t have the safety of principal. If you
wanted a fund whose dividends would regularly provide you
above-average current income, you couldn’t be certain that the
income would grow faster than inflation. If you accepted a
lower yield with high-quality stock funds, you couldn’t expect
the share price to go up when the stock market went down.

But then Jon B. Lovelace, chairman of Capital Research and
Management Company, came up with an idea to create a mutual
fund that would try to give investors at least some of the best
of all possible worlds: Capital Income Builder .
Lovelace died on Wednesday at age 84, about eight months before
the $71 billion fund celebrates its 25th anniversary.

Nov 7, 2011

How not to time the market

Nov 7 (Reuters) – When the Dow Jones Industrial Average
falls, rises, and falls again by triple digits, and when
August’s outflow of nearly $40 billion from equity mutual funds
was the largest since October 2008, it’s tempting for even
experienced investors to flee the stock market.

That could have been the right strategy if you were not
appropriately invested, but horrible if you were trying to time
the market. Why? You can’t be sure when stock prices reach
their lows or highs for any market cycle – or how much it would
matter to have remained out when prices hit either.

Aug 29, 2011
via Reuters Money

Behind the Oceanstone Fund’s long run as a Lipper Leader

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When an equity mutual fund receives Lipper’s highest rating of five for consistently superior, risk-adjusted three-year performance — along with other funds in the top 20 percent of its category—it may catch your attention.

When it gets that five rating consistently for 21 months — a record that Lipper’s research services head, Tom Roseen, calls “rare and worth a look” — you may be ready to plunk down some money.

Jul 20, 2011
via Reuters Money

Duties for independent mutual fund directors piling up

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The people whose job it is to protect shareholders’ investments in mutual funds nowadays — members of fund boards of directors — not only may be called on to do more things than any time since the Investment Company Act of 1940 created their positions; but they also have more power than ever before when dealing with the managements whom they oversee.

That is especially true for independent directors, who have been required to hold a majority of all funds’ board seats since 2002 and who are increasingly assigned additional responsibilities, most recently resulting from the mutual fund insider scandals revealed in 2003 and the 2007-2008 financial crisis.

Jun 20, 2011
via Reuters Money

Is it time to clamp down on money funds?

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Money market mutual funds are an institution “vulnerable to a crisis…(with) no backstop … no capital … (and) no official liquidity support,“ Paul A. Volcker, former Federal Reserve Board chairman who had recently served a 2-year term as chairman of President Barack Obama’s Economic Recovery Advisory Board, said last month.

“What is the public good that this institution is providing that makes it worthwhile to run a big risk: vulnerability to a crisis?”

May 26, 2011
via Reuters Money

Are investors under 40 too risk averse?

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Are today’s 20- and 30-year-olds less willing to take investment risk following the latest bear market and recession than their age group was in earlier times?

Some are, and some are not.

As stock prices have gone through wide swings in recent memory — with the Standard & Poor’s 500 Index plunging 57 percent from its all-time high of October 9, 2007 to the low of March 9, 2009 and then bouncing back nearly 100 percent — it’s understandable that young investors would have varied reactions.

    • About Werner

      "As a specialist in mutual funds, Werner Renberg has written 4 books, including All About Bond Funds; a number of articles for Barron's and hundreds of weekly columns for major newspapers. Earlier, he worked at The Dallas Morning News and at Business Week, for which he won a Loeb Magazine Award for "distinguished reporting of business and financial news." The opinions expressed are his own."
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