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Mutual Funds Information

Stock Mutual Funds Saw $5.14 Billion Outflow Thursday-Wed - TrimTabs (Nasdaq)
NEW YORK -(Dow Jones)- Stock mutual funds saw an outflow of $5.14 billion during the week ended Wednesday, compared with an outflow of $3.93 billion during the previous week, according to TrimTabs Investment Research estimates.

Whatever You Do, Avoid Mutual Funds (The Motley Fool)
Funds can bring you a world of hurt, so be careful.

CI Financial eyes Scotiabank's mutual fund arm (The Globe and Mail)
CI, the No. 3 player in a mature domestic mutual fund market with $102-billion of assets, is negotiating a takeover of Scotiabank's mutual fund arm, the No. 12 player, with $19-billion, according to sources.

Health care mutual funds could help cure what ails you (USA Today)
Hey, the stock market is making everyone sick these days, and Wall Street doesn't seem to have a cure. But a dose of health care stocks might help ease your pains.

These Fidelity funds rate a buy on manager strength (Market Watch)
Jim Lowell, editor of the Fidelity Investor newsletter, says that mutual fund investors are better off focusing on managers than funds and need to then give strong managers the chance to deliver through market cycles rather than trying to time the market.

Turmoil in Bond Funds Starts to Subside (TheStreet.com)
Bond funds hit a calm spell in the latest TheStreet.com Ratings.

CI Financial eyes Scotiabank's mutual fund arm (The Globe and Mail)
No. 3 in a mature domestic mutual fund market and looking to bulk up, CEO says 'We have knocked on every single door in Canada'

Weekend Edition: Market decline reveals flaws in new 'managed payout' funds (Market Watch)
The first mutual funds offering steady monthly income payments have been heralded as a watershed for investors who no longer have to cash out of funds when they retire. But this year also has exposed some serious shortcomings in these new offerings: Large percentages of the payouts are coming from the fund's capital, and they may be eating themselves alive.

Scotiabank may sell mutual funds group to CI: report (Reuters via Yahoo! Canada News)
Bank of Nova Scotia is in talks to sell its mutual fund division to CI Financial in a deal that would give Canada's third largest bank a large stake in CI, the National Post newspaper said.

Mutual funds play it safe with their cash (The Hindu)
Mumbai, Aug 19 Mutual funds seem to be playing safe with their cash as they continue to sit on piles of it even as the equity markets exhibited a marked improvement in July on the back of softening crude prices. The benchmark Sensex rose by more than six per cent in July.