The two-year bear market has made a lot of investors wary of risk. Investors who thought nothing of buying the stock of a fledgling Internet company with no profits back in early 2000 are now slapping their money into bond mutual funds, certificates of deposit, and money market mutual funds. Despite low interest rates, money poured into bond mutual funds […]
Month: April 2002
Institutional mutual funds have an advantage
Many American investors by now are familiar with retail mutual funds. Popular names like Janus, Fidelity, and Vanguard are advertised widely and fill the portfolios of many investors. What many don’t know are their more refined cousins – institutional mutual funds. Where a retail mutual fund will take any investor who knocks on the door, an institutional fund accepts only […]
