Investors step back in, but cautiously
Dynamic, Fidelity lead monthly net sales
Balanced funds rake in $3.7 billion
Some segregated fund families that performed well in 2009 tended to buy stocks early in the year
One dividend and income equity fund manager characterizes the recovery as “two steps forward, one step back”
Mutual funds likely managed about $3 billion in net sales during February, according to preliminary estimates from the Investment Funds Institute of Canada.IFIC reported that, based on a sample of preliminary data from some of its members, net sales of mutual funds for February are estimated to be between $2.75 billion and $3.25 billion. Long-term […]
Industry assets slip 1.5%
“You have to be careful which corporate bonds you pick,” says Franklin Templeton president and CEO Don Reed
However, investors are not taking on much risk, as fixed-income funds and balanced funds represent the biggest purchases
Dynamic leads net sales for January