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| Author: | Harrington, C. |
| Title: | Mutual Fund Strategies |
| Journal: | Journal of Accountancy
2002 : AUG, VOL. 194:2, p. 28-32 |
| Index terms: | FUNDS STRATEGY INVESTORS MANAGEMENT |
| Language: | eng |
| Abstract: | The author states that rumors of the death of mutual funds are greatly exaggerated. Funds have grown and adapted over their 80-year history and continue to meet investors' needs for diversification and professional management. Better tools to analyze and select funds mean CPA/financial planners can make better use of them in client portfolios. Sec-mandated after-tax reporting rules mean funds must report as a return what the investor actually takes home, not what the fund manager generates. This will make it easier for CPAs to compare funds because all will use the same reporting standards. In response to demand, most mutual funds have increased their industry and sector fund offerings in areas such as energy, financial services, health care or technology. |
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