Invest in Mutual funds - News

The individual savings ratio remains constant at 6 percent despite the economic downturn

According to the latest NS&I's Savings Survey, despite the financial shock of the last 18 months, data for the last five years shows that in general Britons have not made savings any more of a priority. With more than 50,000 people interviewed since the Survey began five years ago, the research provides a comprehensive picture of the nation's changing savings habits over this period. The data shows that in 2009, while the average monthly amoun... [more]

Be prepared for the financial implications of divorce for those approaching retirement

A marked increase in so-called ‘Saga divorces’ over the past ten years has led the Law Society to stress the financial implications of separation for those approaching retirement, and to urge those seeking divorce to get professional legal advice before proceeding. With falling property prices and reduced assets following the credit crunch, pension funds could be hit. Confounding the problem is that older people have fewer opportunities to bui... [more]

Less than a third of UK adults believe the worst of the financial crisis has now passed

A survey of over 2,000 people conducted by YouGov revealed that just 28 per cent of respondents agreed or strongly agreed with the suggestion that the worst of the crisis is now over. Fears that more bad news is in the offing were most widespread among those aged 55 and over. More than half (51 per cent) of participants in this age group disagreed or strongly disagreed with the suggestion that the greatest impact of the crisis has now been felt. ... [more]

Spot the Dog report outlines the worst-performing investment funds

Bestinvest has announced the latest set of results from its Spot the Dog report, which outlines the worst-performing or ‘dog’ funds in the investment universe. The report reveals a huge rise in ‘dog’ funds – almost doubling from £7.2 billion on 31st December 2008 – to an immense £14.22 billion up until the 30th September – an increase of 196%. The study, which is compiled biannually by Bestinvest’s in-house research desk, details the funds tha... [more]

People in company pension schemes are missing out by neglecting to save in tax-efficient ways

Research from Unbiased.co.uk, has revealed that working people in company pension schemes are missing out on huge sums by neglecting to save in tax-efficient ways. The UK’s retirement savers are missing out on an extra £720 million tax relief by not making additional pension contributions. High-rate taxpayers that are members of their employers’ occupational pension scheme will miss out on an extra £720 million tax relief this year by failing... [more]

Are Your Mutual Funds Creating a Tax Bill? (ETFguide.com via Yahoo! Finance)

SAN DIEGO - Many fund investors are convinced they're investing in top performing mutual funds. Instead, what they don't realize is...

Funds with gains over 100% are tempting, but dangerous (USA Today)

Look, but don't leap if you're a long-term investor: 283. mutual funds have gained more than 100% the past 12 months.

O'Leary Funds Management LP announces merger of O'Leary Global Infrastructure Fund with its open-ended mutual fund: O ... (CNW Group via Yahoo! Finance)

O'Leary Funds Management LP, the manager and trustee of O'Leary Global Infrastructure Fund is pleased to announce that, subject to regulatory approval, the Fund will merge with O'Leary Global Infrastructure Yield Fund which is an open-ended mutual fund trust managed by the Manager.

Your Funds: Past two decades tell different stories about funds (Richmond Times-Dispatch)

Want a reason not to buy and hold mutual funds? See the past 10 years. Want a reason to invest for the long haul? See the past 20. It’s hardly a secret that the stock market has a negative return over the past decade. In fact, just this month, the market’s Internet bubble peak from 2000 fell off the 10-year performance chart, meaning that those numbers are at their ugliest point right now. So ...

The Zacks Mutual Fund Rank reveals its top 5 High Yield funds: Nuveen Preferred Securities A, Fidelity High Income ... (Zacks.com via Yahoo! Finance)

The Zacks Mutual Fund Rank reveals its top 5 High Yield funds: Nuveen Preferred Securities A, Fidelity High Income, Rydex/SGI High Yield A, Northeast Investors and MFS High Yield Opportunities A.

Mutual funds entice customers with gold schemes (Express India)

Mutual funds (MF) are trying out ways to lure investors into the gold funds. If investors are not willing to go to the exchange to buy gold funds, asset management companies....

The Zacks Mutual Fund Rank reveals its top 5 High Yield funds: Nuveen Preferred Securities A, Fidelity High Income ... (Business Wire via Yahoo! Finance)

CHICAGO----Today Zacks.com features the Top 5 High Yield funds; Nuveen Preferred Securities A , Fidelity High Income , Rydex/SGI High Yield A , Northeast Investors , and MFS High Yield Opportunities A .