There are thousands of funds with no capital gains exposure.
The SEC is clearly staking out some valuable turf in terms of requiring that fund companies give truly accurate representations of their funds in ads.
The SEC is clearly staking out some valuable turf in terms of requiring that fund companies give truly accurate representations of their funds in ads,
When you have this tremendous bull market, funds do seem boring, ... A lot of people have discovered Internet trading, and mutual funds don't give you the thrill of seeing your stock go up 50 percent.
For the most part, I think it's a good thing. I think funds should report every month. Some fund companies haven't taken advantage of technology to report information.
If it's a good fund it's still worthwhile. Hopefully, it's a long-term account and you're not saving to buy a car with it.
It's a sign that the fund is shifting valuations after spending the last nine to 12 months investing more heavily in growth stocks. It looks more like a blend of growth and value, and heading more toward the kind of SP 500 issue.
Turnover tends to add value in small cap growth funds.
It's a very tame approach to growth, but in a way I kind of like that. A lot of funds got carried away with 60 percent, 70 percent in technology. This fund won't throw you.
It has some financial stocks and some other non-growth sectors so it's not a pure (growth) play, but who cares It's a great fund and it's not going to blow up on you.
Both have provided tremendous performance. It's good to see both of them doing so well. It's an indication the fund industry is doing well for shareholders.
In general, the fund industry can do better.
The fund industry doesn't have a lot of heroes, but he (Bogle) is one of them. The fund industry is a much better place because of him.
He'll still have a big impact and a lot of influence, ... Brennan is not the outspoken zealot that Jack Bogle is. People want Jack to stay at Vanguard because he calls it like he sees it.
In the past, all bond fund blowups were interest-rate related,
In the past, all bond fund blowups were interest-rate related.
Internet technology changes so fast.
One of the worst things you can do is buy funds based on the returns of the last six months, ... Reason seems to have taken a vacation with these (Internet) stocks.
With any investment, you want your incentives aligned with those in charge,
With the bull market in its 17th year, this isn't a bad time to start thinking about risk.
A year ago, it would have been a good time to bail out but now they seem to be making some improvements, ... In cases like this where there is potential for a turnaround it's a tougher call.
It's a big problem for the industry. Mutual funds have a better time competing with hedge fund returns than with hedge fund salaries.
Hang tough. If you're new to investing, and you thought there was a free lunch out there, it's time to sober up. Maybe you thought Internet funds did nothing but go up.
This is a fairly attractive time to invest.
I'm disappointed. He's been running money for a long time at Fidelity and he's running a core fund.