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Long-time Portfolio Manager Launches Strategic Investing Long-Short Fund Available to All Investors
DALLAS—-Long-time portfolio manager, Hank Mulvihill, Jr., announced today the launch of Strategic Investing Long-Short Fund, a new, public, no-load mutual fund that provides investors with an innovative investing program not usually available to the public mutual fund investor.

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Oak Value Fund Managers Comment on Top Holdings

April 19, 2010 Stock investing

Oak Value Fund Managers Comment on Top Holdings By guruek. David Carr and his colleagues at Oak Value Fund (OAKVX) published their 1Q10 Shareholder letter. For the quarter ended on March 31, 2010, the fund returned 4.91%, modestly underperforming the S&P 500 Index return of 5.39%. We have learned not to judge their performance by [...]

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10 questions to test your mutual fund IQ

April 15, 2010 Stock investing

10 questions to test your mutual fund IQ By Mark Jewell The Associated Press Mutual funds are a cornerstone of retirement planning. Yet they’re widely misunderstood, and investing ignorance can really cost you. Do you know the difference between an expense ratio and a turnover ratio? What about an open-end fund versus a closed-end? Try [...]

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Target fund: Set a retirement date, and it does the rest

April 14, 2010 Stock investing

Target fund: Set a retirement date, and it does the rest Target-date funds are geared toward people who will retire in a particular year. As the target year approaches, managers change the weightings. Read more on USA Today

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Fitch Rates MTP Shares Issued by Nuveen Connecticut Dividend Advantage Municipal Fund 2 ‘AAA’

April 5, 2010 Dividend Stocks

Fitch Rates MTP Shares Issued by Nuveen Connecticut Dividend Advantage Municipal Fund 2 ‘AAA’ NEW YORK—-Fitch Ratings has assigned an ‘AAA’ rating to the following securities issued by Nuveen Connecticut Dividend Advantage Municipal Fund 2 , a municipal closed-end fund managed by Nuveen Asset Management: Read more on Business Wire via Yahoo! Finance

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Scout International Fund Receives 2010 Lipper Fund Award

March 28, 2010 Stock investing

Scout International Fund Receives 2010 Lipper Fund Award KANSAS CITY, Mo.—-Scout Investment Advisors, Inc., a subsidiary of UMB Financial Corporation , announced today the Scout International Fund has been honored with a 2010 Lipper Fund Award for its three-year performance. Read more on Business Wire via Yahoo! Finance

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New Fund Supports Young Environmental Leaders

March 25, 2010 Stock investing

New Fund Supports Young Environmental Leaders CALGARY, Alberta—-Cenovus Energy Inc. is pleased to be the sponsor of a new annual scholarship program to provide Canadian university and college students financial assistance to continue their studies in a field related to the environment. Read more on Business Wire via Yahoo! Finance

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The Greater China Fund, Inc. Announces the Effectiveness of the Registration Statement for Its Rights Offering

March 20, 2010 Stock investing

The Greater China Fund, Inc. Announces the Effectiveness of the Registration Statement for Its Rights Offering NEW YORK, NY–(Marketwire – March 17, 2010) – The Greater China Fund, Inc. (the “Fund”) ( NYSE : GCH ) announced today that its registration statement for its rights offering has been declared effective by the U.S. Securities and [...]

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RiverSource Lasalle International Real Estate Fund, Inc. Declares First Quarter Distribution

March 16, 2010 Stock investing

RiverSource Lasalle International Real Estate Fund, Inc. Declares First Quarter Distribution MINNEAPOLIS—-RiverSource LaSalle International Real Estate Fund, Inc. today declared a first quarter distribution of $0.085 per share of Common Stock. Dividends on Common Stock will be paid on March 29, 2010 to Common Stockholders of record on March 22, 2010. Read more on Business [...]

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PIMCO Income Strategy Fund (formerly, PIMCO Floating Rate Income Fund) Announces Terms of Rights Offering

March 12, 2010 Stock investing

PIMCO Income Strategy Fund (formerly, PIMCO Floating Rate Income Fund) Announces Terms of Rights Offering NEW YORK—-PIMCO Income Strategy Fund announced today that its Board of Trustees approved the terms of a transferable rights offering of additional common shares of the Fund . The Board, Allianz Global Investors Fund Management LLC, the Fund’s investment manager [...]

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Midas Fund Announces Conference Call

March 10, 2010 Stock investing

Midas Fund Announces Conference Call NEW YORK, NY–(Marketwire – March 8, 2010) – Midas Fund ( NASDAQ : MIDSX ), a no load mutual fund investing primarily in gold, silver, and other precious metals and natural resources companies, announced today its next quarterly conference call to update investors. The call will be held on Thursday, [...]

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SunAmerica Focused Alpha Large-Cap Fund Announces Declaration of Dividend Distribution

March 6, 2010 Stock investing

SunAmerica Focused Alpha Large-Cap Fund Announces Declaration of Dividend Distribution JERSEY CITY, N.J.—-SunAmerica Focused Alpha Large-Cap Fund, Inc. , a closed-end fund , today announced that its Board of Directors approved the declaration of a quarterly dividend distribution in accordance with the Fund’s level dividend distribution policy and approved the dividend distribution of $0.05 per [...]

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TIAA-CREF: A good fund company

March 2, 2010 Stock investing

TIAA-CREF: A good fund company Q: My new employer has TIAA-CREF as its investment provider. I have never heard of this company. Are they good or not? Read more on New Haven Register

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Northland Power Income Fund Announces 2009 Results

February 26, 2010 Stock investing

Northland Power Income Fund Announces 2009 Results TORONTO, ONTARIO–(Marketwire – Feb. 25, 2010) – N Read more on Marketwire

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Delaware Investments® Dividend and Income Fund, Inc. Announces Dividends

February 3, 2010 Dividend Stocks

Delaware Investments® Dividend and Income Fund, Inc. Announces Dividends PHILADELPHIA—-Today, Delaware Investments Dividend and Income Fund, Inc. , a New York Stock Exchange–listed closed-end fund trading under the symbol “DDF,” declares a monthly dividend of $0.0575 per share. Read more on Business Wire via Yahoo! Finance

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Co-Manager Of FAM Equity Income Fund Sees EOG Resources As Top Stock Pick

February 2, 2010 Stock investing

Co-Manager Of FAM Equity Income Fund Sees EOG Resources As Top Stock Pick 67 WALL STREET, New York – January 29, 2010 – The Wall Street Transcript has just published its TWST Investing Strategies Report offering a timely review of the sector to serious investors and industry executives. This 41 page feature contains expert industry [...]

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Islamic Fund Star

January 24, 2010 Stock investing

Islamic Fund Star Nicholas Kaiser got into Islamic investing by accident, but there’s nothing haphazard about his Amana funds. Read more on Forbes

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Federated InterContinental Fund Favors Chinese, Brazil Stocks

January 21, 2010 Stock investing

Federated InterContinental Fund Favors Chinese, Brazil Stocks Jan. 21 (Bloomberg) — Federated Investors Inc. ’s InterContinental Fund doubled its emerging-markets holdings last year and favors Chinese, South Korean and Brazilian stocks in 2010, said Audrey Kaplan , the co-head of international equities. Read more on Bloomberg

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Supremex Income Fund Announces Reduction in Distribution and Intention to Convert Into a Corporation

January 19, 2010 Stock investing

Supremex Income Fund Announces Reduction in Distribution and Intention to Convert Into a Corporation MONTREAL, QUEBEC–(Marketwire – Jan. 18, 2010) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE Supremex Income Fund (“Supremex”), Canada’s largest provider of stock and custom manufactured envelopes (TSX:SXP.UN), announced today that further to the renewal of [...]

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President Of Sparrow Growth Fund Reveals His Top Stock Picks: Which Ones Are His Favorites?

January 17, 2010 Stock investing

President Of Sparrow Growth Fund Reveals His Top Stock Picks: Which Ones Are His Favorites? 67 WALL STREET, New York – January 12, 2010 – The Wall Street Transcript has just published its Large-Cap Growth and Other Investing Strategies Report offering a timely review of the sector to serious investors and industry executives. This 53 [...]

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Fund shows perils of chasing gain

January 11, 2010 Stock investing

Fund shows perils of chasing gain Would you be happy if your mutual fund trailed four of every five of its peers last year? You might be if it emerged from the wreckage of 2008 as the only U.S. stock fund to finish in positive territory, if only barely. Read more on Fort Wayne Journal [...]

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Seligman Premium Technology Growth Fund – Wells Fargo Securities, LLC Exercises Purchase of Additional 545,000 Shares …

January 9, 2010 Stock investing

Seligman Premium Technology Growth Fund – Wells Fargo Securities, LLC Exercises Purchase of Additional 545,000 Shares … MINNEAPOLIS—-Seligman Premium Technology Growth Fund, Inc. announced today that Wells Fargo Securities, LLC, as representative for the Fund’s underwriters, has notified the Fund that it is exercising its right to purchase an additional 545,000 shares of the Fund’s [...]

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Luukko: As equities staged breathtaking rally, top-selling fund posts modest returns

January 2, 2010 Stock investing

Luukko: As equities staged breathtaking rally, top-selling fund posts modest returns 2009 was a year of strong recovery for the stock markets, with Canada bouncing back more smartly than most. Read more on Toronto Star

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How to Create and Manage a Mutual Fund or Exchange-Traded Fund: A Professional’s Guide

December 3, 2009 Socially responsible investing

With this book, author Melinda Gerber walks you through the twenty-nine steps needed to start a mutual fund and the thirty-six steps needed to start an ETF. She provides costs and detailed explanations of how to accomplish each task from fledgling idea to the actuality of selling shares, and also takes the time to explain [...]

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