Mutual Funds Overview

Mutual funds are professionally managed pools of money. The term is commonly applied to regulated open-end funds sold to the general public. In the United States, mutual funds are regulated by the Investment Company Act of 1940. Mutual funds may be open-end funds, closed-end funds or unit investment trusts. The price of a mutual fund is set at the end of each trading day, based on the underlying securities of the fund (as opposed to ETFs, which trade throughout the day). Mutual fund expenses include commissions, redemption fees and operational fees.

Features and News

Goldman: ETFs Own Record Share Of US Stock Market

Investment bank upgraded its expectation for 2017 equity ETF inflows, but expects market to decline later this year.

Features and News

ETFs See Nearly $500B In 12 Months; Top $3T

We look behind that massive growth rate, and at what to expect going forward.

Index Investor Corner

Swedroe: Complexity In Funds Will Cost You

The use of leverage, options and short sales can be a drag on returns.

Daily Hot Reads

Wednesday Hot Reads: Religious ETFs Coming To Bond Market

Also, commodity ETFs engaged in quiet fee war.

Daily Hot Reads

Tuesday Hot Reads: Gundlach Shorts ‘SPY,’ Rips Passive Investing

Also, how BlackRock stopped Vanguard from devouring ETF market share.

Daily Hot Reads

Thursday Hot Reads: Invesco Acquires Europe ETF Firm Source

Also, BlackRock forges two-tiered ETF strategy to fend off Vanguard.

Daily Hot Reads

Monday Hot Reads: Examining A Low Cost Dividend ETF

Also, socially responsible investing—fact vs. fiction.

Daily Hot Reads

Thursday Hot Reads: Who Is Buying ETFs? Mutual Funds

Also, mutual funds are increasingly investing in ETFs, while Goldman warns of a possible government shutdown.

Daily Hot Reads

Monday Hot Reads: How To Tell If Your Mutual Fund Is Dying

Also, would you buy an ETF without knowing what’s in it?