There are several types of domestic-hybrid mutual funds that apply various stock/bond allocations in efforts to provide full diversification in one portfolio. These “one-stop shopping” funds were initially designed to simplify decision making for long-term investors and pension plan...

Domestic-hybrid mutual funds vary with respect to investment objective, active or index management, proportions of stocks and bonds, and the mix of stock cap size/investment style and, therefore, risk.There are several types of domestic-hybrid mutual funds that apply various stock/bond...

The book explains the nature of mutual funds and the methods of selecting appropriate funds to fit the risk preferences of individual investors. It also includes how to limit fund risk in declining markets. Mutual fund topics include: (1) the nature of funds, (2) major types of investment...

The nature of mutual funds / Conrad S. Ciccotello -- Mutual fund regulation and issues / Conrad S. Ciccotello -- The economics of mutual funds / David M. Smith -- Mutual fund fees and expenses / David M. Smith -- How financial markets work / Larry E. Swedroe -- Active versus passive investing /...

For investor and institutional class index mutual funds that track the S&P 500 Index, there are just 25 funds with statistically low expense ratios (management fee findings are found above). However, there are only five index funds — all investor class — with statistically very high and...

The controversy whether mutual fund shareholders should invest primarily in actively managed funds index funds continues. But, while there may be a small number of portfolio managers who provide evidence of persistency in high performance (assuming they meet the daunting statistical burden of...

The purpose of this chapter is to review interactions between mutual funds and individual investors in choosing equity mutual funds. Probably the largest question is why both sophisticated and unsophisticated investors persist in investing in actively managed funds that generally result in...