AAII’s Guide to the Top Mutual Funds 2017

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   Mutual Fund & ETF Screeners Mutual funds, as well as exchange-traded funds (ETFs), hold several advantages over buying and managing an individual stock portfolio. As we all know, diversification is key to lowering your risk while maintaining an expected return. However, the universe of…

 

A Simple Solution to Offering an Active ETF

Three new exchange-traded funds began trading today: Davis Select U.S. Equity (DUSA), Davis Select Financial (DFNL) and Davis Select Worldwide (DWLD). Normally such an event is not particularly noteworthy from our viewpoint. The launches of these funds are, however. They are actively managed equity ETFs based on strategies used for Davis Advisors’ mutual funds, separately…

 

Is Your Diversified Fund Portfolio Truly Diversified?

This week’s AAII Weekly Digest highlights these “must-read” AAII articles: The Top Mutual Funds Over Five Years: Health Care Remains on Top: Health care has been one of the best-performing mutual fund categories for each of the last five years. It was the top fund category in 2015 and the only category besides the technology sector…

 

Fees on Mutual Funds Could Get Cheaper

There is some good news for investors: The war on expenses is continuing. Vanguard recently filed with the Securities and Exchange Commission (SEC) to launch two funds with total annual operating expenses of 0.01%. That is not a typo; the expense ratio was copied and pasted directly from the SEC filing. How cheap is 0.01%?…

 

Qualitative Guidelines for Mutual Fund Selection

This article originally appeared in the June 2014 issue of the AAII Journal. Many articles exist on how to use financial data to pick solid mutual funds. But what comes after screening based on quantitative metrics? What about the other side of fund selection—the qualitative criteria that can help investors better understand and select investments to fill their…

 

AAII Weekly Features: Stock Buybacks: Misunderstood, Misanalyzed and Misdiagnosed

This week’s AAII Weekly Features highlight these valuable AAII articles: Stock Buybacks: Misunderstood, Misanalyzed and Misdiagnosed Nine Rules for Smarter Investing How to Measure the Skills of Your Fund Manager The Individual Investor’s Guide to Personal Tax Planning 2015 The featured AAII stock screen this week is the Richard Driehaus earnings growth and surprises approach. Our Member…

 

Beware of Paying Active Management Fees to a Passive Manager

Indexed mutual funds (passively managed funds) aim to track an index or some segment of the market with low fees. Anyone who has heard of John Bogle knows that runaway fees can eat into your portfolio performance over the long run. However, a recent post at AlphaBetaWorks Insights warns of “closet indexing”: the practice of charging active…