Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Roundup for October 31

News

Mutual Fund News Roundup: October 31

Shauna O'Brien Oct 31, 2014



Signs You May Be Paying Too Much for Your Mutual Fund


According to the article, there are five signs that you are paying too much for your mutual funds.

  • Your mutual fund charges a sales load
  • Your mutual fund charges a 12b-1 fee
  • Your mutual fund has annual management fees of more than 1%
  • Your mutual fund’s long-term average returns aren’t keeping up with the fund’s benchmark
  • You can get the same fund, or a similar fund, at a lower cost elsewhere

If you are seeking lower fees, it may be a good idea to re-examine your funds. You may be able to find a better value elsewhere.


Mutual Funds with 10 Years of Positive Returns



The Ariel Focus Fund: Quarterly Results


During the quarter, Lockheed Martin (LMT) and Microsoft (MSFT) added the most gains to the fund. LMT gained a total of +14.59% and MSFT posted gains of +11.86%.

Pier 1 Imports (PIR) and Chesapeake Energy (CHK) reported the biggest losses of the quarter. PIR’s share price dropped -22.54%, while CHK fell -21.53%.


Westport Funds Releases Q3 Data


The fund’s decline was primarily due to a decline in the Russell 2000, which hurt the fund’s small cap holdings. However, the fund’s 16 of 24 holdings that are in the index outperformed.


Wally Weitz Comments on Pullbacks


Weitz noted: “Six stocks in 10 days, that is usually a year and a half supply for us."

The recent pullback has given portfolio managers like Weitz a cheap buying opportunity. He noted that he is excited about opportunities and is amazed that disease, war and recession happen every few years.

For more information, click here.


Franklin Templeton Reports Q3 Results


The fund is compiled of stocks, bonds and cash from countries around the world. Net income for the quarter was $640.6 million, or $1.02 a share, up from $509 million, or 80 cents per share, a year ago. Analysts expected to see EPS of 92 cents.

Download Our Free Report

Why 30 trillion is invested in mutual funds book