The Board believes that converting the Fund to an open-end mutual fund would be in the best interest of the Fund and its shareholders. For the past several quarters the Board has been evaluating ...

If you’re considering investing in a mutual fund or ETF, you might have heard the terms “open-end” and “closed-end” — and immediately scratched your head in confusion. Indeed, these are two distinct ...

State Street Investment Management has made a strategic minority investment in Coller Capital, an alternative asset manager ...

U.S. investors saved an estimated $5.9 billion last year thanks to the dip in the expense ratio they pay when investing in open-end mutual funds and exchange-traded funds (ETFs). The asset-weighted ...

You've assuredly heard of mutual funds, and it's a pretty good bet that you've heard of exchange-traded funds (ETFs), too. But how much do you know about closed-end funds (CEFs)? If the answer is ...

The modern mutual fund industry turns 100 this year, and the fund that started it all is still in business. Back in 1924, the Massachusetts Investors Trust was a radical idea. It was an open-end fund ...

Q: A financial adviser has recommended that I invest in an institutional class of mutual funds, which requires a substantial initial investment. Should I invest in such a fund? A: The major advantage ...

More than half of financial advisors now say they prefer ETFs over mutual funds if the same strategies are available from their favorite asset managers. Chalk it up to exchange-traded funds’ lower ...

NEW YORK, Dec 14 (LPC Reuters) - Under new rules from the US Securities and Exchange Commission (SEC), investment firms will be allowed to raise loan mutual funds but may be forced to defend their ...