MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, May 21, 2010 Waggoner Warns Against Mutual Fund Fads Fundsters marketing or selling new mutual funds may want to check out John Waggoner's column this morning in USA Today; some of your prospects may push back with this logic. Waggoner urges investors to be cautious of new mutual funds, noting that they often chase (and thus lag) trends, like the technology bubble that ended in 2000, and the housing and commodities bubbles that ended in 2008. Yet Waggoner isn't entirely against new funds. He gives positive ink to two fresh launches -- Amana Developing World and GRT Value -- both run by veteran managers and both praised in David Snowball's new column on fundalarm.com. Printed from: MFWire.com/story.asp?s=32287 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |