Mutual funds

40 years after his “folly,” Bogle’s index funds reign

By STAN CHOEJanuary 23, 2019 GMT

NEW YORK (AP) — Forty years ago, the thought of buying a stock index fund was ridiculed. Why would anyone be satisfied with an investment that promised nothing more than the same return as the market...

John Bogle, founder of Vanguard, dies at 89

January 17, 2019 GMT

VALLEY FORGE, Pa. (AP) — John C. Bogle, who simplified investing for the masses by launching the first index mutual fund and founded Vanguard Group, died Wednesday, the company said...

No refuge for investors: Even “safe” funds fell in 2018

By STAN CHOEJanuary 3, 2019 GMT

NEW YORK (AP) — The past year felt dismal for investors. Even worse, the gloom was all-encompassing...

Plenty of questions when it comes to 401(k)s

Staff WriterJune 10, 2018 GMT

“Peggy” is approaching retirement with an important asset, a company 401(k) account. She has limited investment experience and little interest in becoming an investment expert. What should she do as an array of decisions begin to face her the closer she gets to her retirement date?

What’s in your 401(k)? For more investors, just 1 fund

By STAN CHOEJune 5, 2018 GMT

NEW YORK (AP) — More and more retirement savers have their entire 401(k) account in just a single mutual fund, and investment advisers are fine with it...

Why so few female fund managers? It’s not their performance

By STAN CHOEMarch 15, 2018 GMT

NEW YORK (AP) — Why is just one of every 10 managers at the helm of U.S. mutual funds a woman?

Many reasons may be behind the disparity, but researchers at Morningstar say they have disqualified one as a possibility: performance...

Julie Jason: Who runs mutual funds?

Staff WriterOctober 29, 2017 GMT

Mutual funds have grown in importance to U.S. households through the decades. About 30 years ago, when I first started on Wall Street, only about 5 percent of U.S. households owned mutual funds. Now more than 40 percent do, according to the Investment Company Institute.

Julie Jason: Comparing and contrasting mutual funds for a new investor

Staff WriterJuly 23, 2017 GMT

Last week, we talked about a widow who realized she was spending more than she was earning on her bank savings accounts. “Meredith” was a neophyte who never invested in stocks, bonds or mutual funds.

Mutual fund trends: Big returns can lead to higher taxes

By STAN CHOEMarch 19, 2015 GMT

NEW YORK (AP) — Even the most pleasing ice cream on a hot summer day can result in a headache.

Such is the pain mutual-fund investors are feeling as they prepare their taxes. Another year of sweet returns for stock funds is leading to bigger tax bills for many who own funds in taxable accounts.

Fund investors begin slowly embracing US stocks

MARK JEWELLDecember 30, 2010 GMT

BOSTON (AP) — It appears investors are beginning to get comfortable with risk again. Not only are they pulling money out of bond mutual funds at the fastest pace in two years, but they're slowly starting to embrace stocks again.