New Study Profiles Mutual Fund Investors Typical Fund Investor is Middle-aged, Married, and Saving for Retirement Washington DC, September 24, 1999 - The 82.8 million Americans who own mutual funds are, in many respects, a reflection of the U.S. population itself: middle-aged, married...
Study Finds Cost of Owning Mutual Funds Continues to Decline Washington, DC, September 15, 1999 - Shareholder costs of investing in equity mutual funds continued to decline, decreasing 5.6 percent in 1998 and cumulatively by 40 percent since 1980. The cost of investing in bond and...
Institute President Matthew P. Fink on Costs of Investing Washington, DC, September 15, 1999 - In a press briefing today, ICI President Matthew P. Fink discussed the results of the Institute's most recent research on the costs of mutual fund investing during the period 1980 through...
Securities Industry Outlines Efforts for Smooth Transition Into Year 2000 'Tool Kit' Helps Public Learn About Industry’s Y2K Readiness Contacts: Jack Gribben, President's Council on Year 2000 Conversion, 202/456-7010, john_a._gribben@who.eop.gov Chris Ullman, SEC, 202/942-0020...
By Facsimilie and Email September 3, 1999 Ian Domecillo ASIC Managed Investments GPO Box 9827 Sydney NSW 2001 Re: ASIC 99/017 Request for Comment on PS 65 Dear Mr. Domecillo: We are writing in response to your request for comment on the Australian Securities & Investment Commission’s...
SEC Adopts Amendments to Personal Investing Rule Washington, DC, August 25, 1999 - The Securities and Exchange Commission has adopted amendments to Rule 17j-1 under the Investment Company Act of 1940. Rule 17j-1 addresses conflicts of interest that arise from personal investing...
Financial Services Industries Develop 401(k) Fee Disclosure Form New Form to Help Employers Identify, Compare Costs of 401(k) Plans Contacts: Jack Dolan, American Council of Life Insurance, (ACLI): 202-624-2418 Judi McCormick, American Bankers Association, (ABA): 202-663-5479...
