Mutual Funds: The Biggest Party in Years
Article Abstract:
A survey of mutual funds and their performance in the second quarter of 1983 is presented. Gold funds and small- company funds were among the best performers over this time period. The four best-performing funds were Delta Trend, Alliance Technology, Twentieth Century Growth, and United Services Gold shares. Many of the best performers were small, high-risk funds that seek out small stocks with great growth potential. In the second quarter of 1983, many investors transferred assets from equity funds to money-market funds. A chart of the best- performing and worst-performing funds is included. An innovation in mutual funds has been made as a result of the stock market's increasing complexity - one investment analyst does not pick stocks for his clients, but only suggests which mutual funds should handle their portfolio.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1983
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Rugged Individualists
Article Abstract:
The American Association of Individual Investors (AAII) holds seminars teaching people how to be their own money managers. Their premise is that the individual investor cannot get unbiased advice from stock brokers. The AAII publishes some of the best books available on many financial subjects. The average member is college- educated with an income of $70,000 annually. Many of the members, about half, are women. Some brokers even attend and are members because they get good fundamental advice. The AAII provides a newsletter about computerized investing.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1984
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Mutual Funds: Swimming Against the Current
Article Abstract:
Despite a declining stock market, net sales of mutual funds during the first quarter of 1984 were the second highest on record. Since most investors are risk averse, buying into a mutual fund relieves them of having to pick stocks themselves. International funds have the most gains as the economic recovery spreads worldwide. Staying 100 per cent invested outside the United States was the key to their success. Gold funds also took off in the first quarter. The most speculative funds had the worst performances.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1984
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