Staying on top of mutual fund news is important for investors. Below, we look at the most important mutual fund news from the past week.
Janus Bond Fund Now Over $1 Billion in Assets
In November, the Janus Global Unconstrained Bond Fund (JUCIX), which is now managed by Bill Gross, saw $769 million in inflows – bringing its total assets under management (AUM) to over $1 billion. As of November 28, the fund reported assets of $1.21 billion.
Bill Gross left PIMCO on September 26, which resulted in PIMCO outflows of $51 billion in September in October. Now, many of PIMCO’s clients have followed Gross to Janus.
Mutual Funds for Chinese Exposure
As momentum in China continues, many investors are seeking ways to profit from its upside. A recent article published by Zacks indicated three mutual funds that investors may want to consider:
| Symbol | Mutual Fund | YTD Performance |
|---|---|---|
| FHKAX | Fidelity Advisor China Region A | -11% |
| ICHKX | Guinness Atkinson China & Hong Kong | -1% |
| FHKCX | Fidelity China Region | -11% |
For the full report, click here.
Forward Funds’ Jim Welsh Publishes Monthly Macro Report
Forward Funds’ Macro Strategy Team published its monthly report for December. The report focuses on the currency war around the issues with inflation. The report also touches on economic conditions around the world in key markets. For the full report, click here.
Be sure to check out the excellent Interview we did with Forward Funds’ Jim Welsh.