August 7, 1995 |
Being average is usually nothing to write home about, but the average U.S. stock mutual fund shareholder is sitting on a 21% gain so far this year--a handsome return by any measure. Still, many fund owners know they could have done even better by being in the hottest segments of a hot market. Technology is the obvious one, but in fact this has been a standout year for many non-tech industry groups as well.
April 4, 2000 |
Change is a bit slower to come in the 401(k) marketplace than in the mutual fund industry as a whole. But change is coming, nonetheless, in terms of new investment choices for 401(k) plan participants. To be sure, you're not likely to see a "concentrated" Internet fund in your company-sponsored 401(k) any time soon. However, many 401(k) plans are allowing plan participants to be much more aggressive with their retirement money than in years past.
January 7, 2002 |
Technology sector funds led the stock market's fourth-quarter rally, but they still finished 2001 with an average loss of 38.3%--the biggest decline of any major fund category last year. Communications sector funds had almost as bad a year, losing 34.6%, on average, according to Morningstar Inc. data. And utility sector funds, once thought of as an investing haven for widows and orphans, tumbled 21.2% in 2001, thanks in part to the hard-hit telecom stocks many of them hold.
January 18, 1998 |
Sector funds are enjoying a growth spurt. With relatively little fanfare, the number of health-care, natural resources, technology, telecommunications and financial funds has more than doubled over the last three years, and the number of real estate funds has quadrupled. What's driving the trend is respectable performance as well as a desire on the part of more investors to add a specialized product to their portfolios.
January 18, 1998 |
There are close to 500 sector funds today, up from roughly 150 just five years ago. Most sector funds fall into one of two groups: Either they reflect key industries such as technology, health care or financial services, or they offer a diversification play. Diversifiers include the utility, natural resources and real estate funds.
June 2, 1991
The article, "Greenpeace Assails Record of Waste Management Inc." (May 10), inaccurately implies that few environmentally oriented investment professionals are concerned about the company's ethics. As of Dec. 31, none of the 11 socially screened mutual funds (funds invested according to both social and financial criteria) held Waste Management shares. The reason? The company's spotty ethics and environmental record. "Environmental" funds are not run by, or for, environmentalists.