Tag: underperformance gap

MUTUAL FUND SHAKEUPS! Transcript 11/15/2013 #1021

November 20, 2013

CONSUELO MACK:  This week on WealthTrack: Big shakeups in the mutual fund industry. Two veteran Morningstar analysts Christine Benz and Russ Kinnel discuss the massive outflows from bond funds into other investments and from actively managed funds into passive ones. What do these shifts mean for portfolio returns? Morningstar’s dynamic duo is next on Consuelo Mack WealthTrack.

 

Hello and welcome to this edition of WealthTrack, I’m Consuelo Mack.  There are mighty forces shaking up the mutual fund industry. The question is: are they temporary or are they revolutionary and depending on the answer how are they transforming the way we invest? No headline captured the changes more perfectly than the recent dethroning of PIMCO’s Total Return Fund as the world’s largest mutual fund, a position it has held since 2008, and its replacement by the Vanguard Total Stock Market Index Fund. Bond king Bill Gross, has become an investment legend largely because of his outstanding management of PIMCO’s flagship Total Return Fund which has beaten most of its bond competition over the years and has even delivered stock market like returns in various periods. The ascendance of Vanguard’s Total Stock Market Index Fund to the largest-fund throne symbolizes a new world order on two fronts.

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ACTIVELY MANAGED FUNDS VS. PASSIVE INDEX FUNDS

June 22, 2013

Two seasoned investment pros argue the case for and against actively managed funds versus passive index funds.
In a surprising twist, Vanguard principal Daniel Wallick presents the active management case while award-winning financial advisor Gregg Fisher defends the passive approach. Continue Reading »

Daniel Wallick & Gregg Fisher Transcript 6/21/2013 #952

June 21, 2013

CONSUELO MACK: On this week’s WealthTrack, the active versus passive debate! Two seasoned investment pros argue the case for and against. In a surprising twist, Vanguard Principal Daniel Wallick presents the active management case while award-winning financial advisor Gregg Fisher defends the passive approach. Their arguments are next on Consuelo Mack WealthTrack!

 

Hello and welcome to this edition of WealthTrack, I’m Consuelo Mack. What percentage of your investments are in actively managed funds, what portion are in passive index funds or ETFs? If you are like most investors, the mix is pretty one sided. As you can see from this pie chart from Vanguard, 74% of assets under management in domestic and international stock mutual funds are actively managed and only 26% are in passive funds, although that number is growing.

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Ken Heebner: Bullish on Banking

April 12, 2013

On this week’s CONSUELO MACK WEALTHTRACK, legendary portfolio manager Ken Heebner is known for his big bets and rapid trading at the CGM funds . This week he describes his contrarian views on the U.S. economy and stocks, particularly housing and banking, and why he thinks bonds are so dangerous. Continue Reading »

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