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Mutual Fund Strategies
Oleh:
Harrington, Cynthia
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 194 no. 2 (Aug. 2002)
,
page 28-34.
Topik:
mutual funds
;
mutual fund
;
strategies
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.15
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Over the last several years, headlines in the business press proclaimed the coming demise of the mutual fund industry. The fees were too high, flexibility too low and shareholders had too little control over the tax consequences in traditional open-ended mutual funds. Exchange - traded funds (ETFs), hedge funds and separate accounts (which give investors direct access to money managers) were sounding the death knell for the 80 - year - old mutual fund industry. But to paraphrase Mark Twain upon reading his obituary, reports of their death have been greatly exaggerated. Open - ended mutual funds still are around because they continue to serve investors’ needs for diversification and professional investment management. They are growing because they can adapt to demands for improved products and because of newer, more sophisticated analytical tools available to the CPA / financial planners who recommend these funds. The new tools not only give investors a chance at better long - term performance, they also provide CPA s with an edge in using this investment product. The bottom line ? If mutual funds haven’t been part of your client’s past, they certainly will be part of their future. Here is a review of the new analytical tools that can help CPA s pick the best funds for their clients as well as an update on the new services that make traditional mutual funds more attractive.
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