After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the fin...
Tag: Mutual
Russian investment firm unveils crypto mining mutual fund
According to Russian business outlet Kommersant, Russian investment management firm Finam management has unveiled a new fund intended to finance crypto mining operations in the country. The fund will ...
Space Force rocket launch acquisitions takes ‘mutual fund approach’
The headquarters of Space Systems Command in Los Angeles, California. U.S. Space Force / Jose Lou Hernandez The U.S. military is preparing to buy another round of rocket launches from companies next y...
How To Avoid The Worst Sector Mutual Funds 1Q23
Concept of Funding, Financing Business Project. 3D illustration of generic golden coins and pawns … [+] over black background. getty Question: Why are there so many mutual funds? Answer: Mutual ...
How To Find The Best Style Mutual Funds 1Q23
Pie chart showing a mutual fund portfolio getty With an ever-growing list of similar-sounding mutual funds to choose from, finding the best is an increasingly difficult task. How can investors change ...
Robert Kiyosaki Warns About Stocks, Bonds, Mutual Funds — Says Bitcoin Best for ‘Unstable Times’ – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that investing in a well-diversified portfolio of stocks, bonds, mutual funds, and exchange-traded funds (ETFs...
How To Find The Best Sector Mutual Funds 1Q23
3d render of computer keyboard with MUTUAL FUNDS button. Stock market issue concept getty With an ever-growing list of similar-sounding mutual funds to choose from, finding the best is an increasingly...
Vanguard to Liquidate a Mutual Fund for First Time Since 2020
(Bloomberg) — Asset manager Vanguard Group plans to shutter a US mutual fund for the first time since the throes of the pandemic. Most Read from Bloomberg The $98 million Vanguard Alternative St...
Tech Bounces Back: The Best Mutual Funds Bet On These 11 Semiconductor Stocks
As the major indexes rebound from last year’s bear market, the best mutual funds have shown a renewed interest in tech stocks, which took a particular beating in 2022. In the latest screen of ne...
At This Size, Your Retirement Portfolio Is Too Big For Mutual Funds
getty You’ve learned why it’s important to avoid investment products once you enter your retirement. If you’re lucky, you can, and maybe you should, begin transitioning your investments to individual ...
How To Avoid The Worst Style Mutual Funds 4Q22
Concept of mutual fund investment, showing with hands placing coins inside the piggy bank with … [+] mutual fund sticker. getty Question: Why are there so many mutual funds? Answer: Mutual fund ...
How To Avoid The Worst Sector Mutual Funds 4Q22
Notebook with mutual funds sign on a table. Business concept. getty Question: Why are there so many mutual funds? Answer: Mutual fund management is profitable, so Wall Street creates more products to ...
How To Find The Best Style Mutual Funds 4Q22
Concept of mutual fund investment, showing with hands placing coins inside the piggy bank with … [+] mutual fund sticker. getty With an ever-growing list of similar-sounding mutual funds to choo...
Nexus Mutual Hit With $3M in Ethereum Exposure to Orthogonal Trading Default
The FTX dominoes continue to tumble, as Nexus Mutual revealed roughly $3 million in losses due—via a long string of contiguous events—to the exchange’s collapse last month. The crypto insurance ...
Nexus Mutual Expects Significant Loss From Maple Credit Pool
Smart contract insurance platform Nexus Mutual has revealed that it expects to take a significant loss on its investment in a Maple Finance Credit Pool. It was also revealed that the smart contract a...
Post Voyager Signs Mou With Neopin to Revitalize The Mutual Blockchain Ecosystems
[PRESS RELEASE – Dubai, UAE, 23rd November 2022] POST VOYAGER CLOUD (hereafter POST VOYAGER) has officially announced the signing of a Memorandum of Understanding (MOU) with NEOPIN. POST VOYAGER is an...
Nexus Mutual Loses Millions in Maple Finance Credit Pool
Smart contract insurance platforms Nexus Mutual and Sherlock will be taking losses in investments on DeFi credit pool Maple Finance. Maple revealed earlier this week it is cutting ties to cryptocurren...
How To Find The Best Sector Mutual Funds 4Q22
Close-up of a Calculator and Pen on a Financial Newspaper. Blue-toned. getty With an ever-growing list of similar-sounding mutual funds to choose from, finding the best is an increasingly difficult ta...
Nexus Mutual expects $3M loss from Orthogonal Trading’s M11 loan default
Following Orthogonal Trading’s M11 loan default, decentralized insurance protocol Nexus Mutual has moved to withdraw all its assets from Maple Finance, as it expects to take a loss of roughly $3 milli...
Post Voyager Signs Mou Agreement With Neopin To Revitalize The Mutual Blockchain Ecosystems
Duabi, UAE, 23rd November, 2022, Chainwire POST VOYAGER CLOUD (hereafter POST VOYAGER), has officially announced the signing of a Memorandum of Understanding (MOU) with NEOPIN.POST VOYAGER is an evolu...
Mispriced Municipal Bonds Cost Mutual Fund Shareholders And Taxpayers Billions Of Dollars
Money Flow in Black Hole extreme closeup getty In a market where at least 99% of trillions of dollars of fixed income securities have no trades to offer price discovery and the financial data to asses...
Nexus Mutual moves to divest, expects $3 million loss with Maple Finance
The domino effect of companies embroiled in a crypto-lending liquidity crunch that followed the collapse of FTX continues, with Nexus Mutual now seeking to divest from the Maple Finance M11 Credit wET...
Mutual Fund Holders Face Double Trouble
If you’re a stock-mutual fund holder, you may face a double whammy this year. First, the value of your holding has likely dropped along with the overall market. As shareholders have exited mutual fun...
Fidelity to Join Mutual Fund-to-ETF Club With $430 Million Flip
(Bloomberg) — Fidelity Investments, one of the country’s largest asset managers, is making its first foray into converting some of its mutual funds into ETFs. Most Read from Bloomberg The Boston...
Top Mutual Fund Holders of FedEx (FDX)
Top Mutual Fund Holders of FedEx Stock Holder Shares Market Value Date Reported Dodge & Cox Stock Fund 10.8 million $1.6 billion Sept. 30, 2022 Vanguard PRIMECAP Fund Admiral Shares 9.06 million $...
A Mutual Fund Tax Problem And How To Avoid It
This year, in a down market, you could wind up owing tax on putative appreciation. Here’s what to do about that. IRS agents question a mutual fund owner (Photo by Hulton Archive) Getty Images A whipsa...
Stock pickers are still positioned for a Fed ‘soft landing,’ mutual fund holdings show
Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE Professional stock pickers are still betting that the U.S. economy could skirt a recession, according to Bank of America analysis. Activel...
How to Legally Avoid Capital Gains Tax on Mutual Funds
how to avoid capital gains tax on mutual funds In the long run, if you sell an investment asset for a profit you will owe capital gains taxes. But for active investors, it’s important to understand th...
5 Active Mutual Funds for the Long Run, Plus Five Runners-Up
Gone are the days when star mutual fund managers were household names. The strong personalities that once dominated fund management—think Bill Gross or Peter Lynch—have moved on. Many active mutual fu...
The Best Mutual Funds Invest Huge Sums In Vertex, Lilly And These 22 Other Stocks
Goodbye Apple (AAPL). Hello Eli Lilly (LLY), Vertex Pharmaceuticals (VRTX) and Albemarle (ALB). As AAPL stock drops off the latest list of new buys by the best mutual funds, top money managers bet big...
Here’s a New Year’s resolution: resist the temptation to bet on the top mutual fund of 2022
Beating the stock market is not that big of a deal. What’s really impressive — and what you should be looking for when using performance scoreboards to choose a mutual fund — is one that has beaten th...