Creating a new mutual
is "not significantly different than creating any type of new insurance company," said Chamness.
While structured like a mutual
fund, ETFs are bought and sold like stocks, cost less to manage than mutual
funds and allow investors to partake in quick swings in the market.
While the scandal concerns him, Perkins feels there are few choices for most individual investors other than mutual
Almost one hundred million Americans have a stake in mutual
However, allegations have been made that some brokerages and mutual
funds have publicly stated that they discourage market timing, but then have turned around and actually assisted larger clients, including hedge funds, time the markets.
Unlike a mutual
fund, IMAs are purchased separately for each client.
Demutualization" is a procedure whereby a mutual
insurer changes its legal form to become a stock insurer.
Before describing the action the Board has taken, I would like to make some observations about the recent growth in the mutual
There is a square hole mutual
funds fit into naturally: tax-basis accounting.
The collective action of mutual
help groups often constitutes a political base whose purpose is to educate and influence the community, including rehabilitation agencies, about the needs of group members.
The combination of NWD Investment Management's strong retail mutual
fund business with Nationwide Financial's extensive distribution and core investment and packaging capabilities makes tremendous sense for our customers and shareholders by strengthening our ability to help consumers prepare for and live in retirement.
While Liberty Mutual
has been the largest private workers' comp writer in the United States from 1936 to 2002, its private passenger auto line has outpaced workers' comp to become the company's largest single line.
A Anyone interested in learning about the basics of mutual
fund investing can find a wealth of information on the Internet.
The nation's major mutual
funds said Monday that they received an unusually high number of phone calls, but all said only a fraction of investors pulled their money out of stocks.
advised Allmerica P&C that the reason for its decision is its desire to focus its efforts solely on developing a plan of demutualization in order to simplify the lengthy and complicated process of demutualization.