Portfolio

Mutual fund families routinely, and on purpose, use the capital in affiliated funds as “insurance pools” to offset or prevent cash shortfalls in other funds within family, according to research released by the Kelley School of Business at Indiana University.

You don’t have to act like Alec Baldwin in Glengarry Glen Ross to close a sale. But you do have to know a little something about human nature and psychology. Here’s a preview of an upcoming story in our April issue called “The Art of the Close” by Rick Rummage.

Guinness Atkinson Asset Management, advisor to the Guinness Atkinson Funds, has launched a new equity fund aimed at providing investors with current income and consistent dividend that will exceed inflation.

Retirement plan provider ShareBuilder 401k has expanded its All-ETF 401(k) platform with five new funds.

T. Rowe Price has unveiled the iPad edition of T. Rowe Price Investor, the company’s quarterly magazine for mutual fund shareholders.

PIMCO is getting a new ticker for its closely-watched Total Return Exchange Traded Fund: BOND.

The outflow of $1.8 billion in the week ended March 21 compares to $2.9 billion pulled from such funds in the prior week. The last time domestic equity funds saw an inflow was the week of Feb. 15 when they picked up $46 million.

The Dow Jones Industrial Average lost 71.52 points to end at 13,126.21 Wednesday while the Nasdaq and S&P 500 lopped off 15.39 points and 6.98 points, respectively.

The exodus of capital from mutual funds investing in domestic stocks slowed down last week.

In order to improve investor access to the fund, PIMCO will change the NYSE ticker for its Total Return ETF from TRXT to BOND on April 4, 2012.