TORONTO, May 16, 2023--CI Global Asset Management launches new series of CI Auspice Broad Commodity Fund, which invests in energy, agriculture, precious metals, and industrial metals. The fund aims to provide investors with long-term capital growth and income through a diversified portfolio of commodity-related investments. The fund uses a quantitative investment approach that combines trend-following and mean-reversion strategies to identify and exploit opportunities in the commodity markets.
According to a recent survey by the Investment Company Institute, mutual funds remain the most popular investment choice among American households, with 56% of US households owning mutual funds. Mutual funds offer investors the opportunity to pool their money with other investors to gain access to a diversified portfolio of stocks, bonds, and other securities. Mutual funds are managed by professional portfolio managers who make investment decisions on behalf of the fund's investors.
By Brett Arends. Picking stocks is a waste of time and money, right? So says the conventional wisdom. Over time, you won't beat the market, and you'll end up paying higher fees for the privilege of underperforming. That's why many investors turn to mutual funds. Mutual funds offer investors the opportunity to gain exposure to a diversified portfolio of stocks or bonds without having to pick individual securities themselves. Mutual fund managers are responsible for selecting and managing the fund's investments, which can help to reduce the risk for individual investors.
It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can help you find them. The Zacks Mutual Fund Rank is a rating system that ranks mutual funds based on their historical performance and other factors, such as fees and expenses, risk-adjusted returns, and portfolio diversification. The top-ranked mutual funds are those that have consistently outperformed their peers over the long term and have a low expense ratio.
US investors are deserting mutual funds in their droves, but while exchange-traded funds have been beneficiaries, the largest swing in recent years has been into money-market funds, according to a report from Moody's. The report shows that US mutual funds have lost $1.1tn in net inflows over the past decade, with equity funds accounting for the bulk of that outflow. Meanwhile, money-market funds have seen $1.2tn in net inflows over the same period.
Below, we share with you three top-ranked small-cap mutual funds. Each has earned a Zacks Mutual Fund Rank #1. The first fund is the T. Rowe Price QM US Small-Cap Growth Equity Fund (PRDSX). The fund invests in small-cap companies with strong growth potential and a competitive advantage. The second fund is the Fidelity Small Cap Discovery Fund (FSCRX). The fund invests in small-cap companies that have the potential to grow faster than the overall market. The third fund is the Vanguard Small-Cap Growth Fund (VISGX). The fund invests in small-cap companies with strong growth potential and a competitive advantage.
Any investors hoping to find a Mutual Fund Equity Report fund could think about starting with Vanguard LifeStrategy Income Fund (VASIX). The fund has an expense ratio of 0.11% and has returned 5.2% over the past year. The fund invests in a mix of stocks and bonds and has a target allocation of 20% stocks and 80% bonds. The fund is designed for investors who are looking for income and capital preservation.
Any investors hoping to find a Mutual Fund Bond fund could think about starting with T. Rowe Price Tax Free High Yield Retail (PRFHX). The fund has an expense ratio of 0.75% and has returned 2.2% over the past year. The fund invests in high-yield municipal bonds that are exempt from federal income tax. The fund is designed for investors who are looking for tax-free income.
Global X has converted two mutual funds into actively managed emerging markets ETFs that trade on the NYSE. The Global X Brazil Mid Cap ETF (BRAZ) and the Global X China Financials ETF (CHIX) are now actively managed ETFs that seek to provide investors with exposure to mid-cap Brazilian companies and Chinese financial companies, respectively. The funds are designed to provide investors with targeted exposure to specific sectors of the emerging markets.
If investors are looking at the Mutual Fund Bond fund category, BlackRock Strategic Municipals Opportunities A (MEMTX) could be a potential option. The fund has an expense ratio of 0.76% and has returned 2.3% over the past year. The fund invests in municipal bonds that are exempt from federal income tax and seeks to provide investors with a high level of current income. The fund is designed for investors who are looking for tax-free income.