Growth Mutual Funds

Sponsored By: Russell Investments

• Legg Mason's $255M Loss a First

  Legg Mason Inc. posted the first quarterly loss in its history.

• 5 Questions with David P. Kelly

  The chief market strategist at JPMorgan Funds discusses the benefits of long-term investing in volatile markets.

• Vanguard Starts Managed Payout Funds

  Vanguard Group, a Valley Forge, Pa., fund company, has announced the introduction of three managed payout funds.

• The Fund World's Surprising Oasis of Calm

  Morningstar: Amid market turbulence and the threat of recession, emerging-markets bond funds surprisingly represent an oasis of calm.

• Money Magazine Names Best Fund Manager

  The best mutual fund manager of our time is Robert L. Rodriguez of the FPA Capital and FPA New Income funds, according to Money magazine.

• Russell Investments Launches Six New Target-Distribution Funds

  Funds-of-funds invest in Russell mutual funds for retirement income.

• Ginnie Mae's Day

  Mutual funds holding Ginnie Mae securities excelled during last year's subprime skid, but can they weather a refinancing revival?

• Poll: Investors Split on Lifestyle Funds

  Retirement plan participants are torn when it comes to asset allocation funds.

• Integrity Names a Fund COO

  Integrity Mutual Funds Inc. said that it has promoted Laura K. Anderson to chief operating officer of its mutual fund division.

• Schwab Institutional Expands Its TAMP to Include Three New Companies

  Advisors working with Schwab will have access to Morningstar Investment Services' mutual fund, stock and ETF portfolios.

• Credit Crunch Hits Madison Dearborn

  WSJ.com: Mutual-fund firm Nuveen agreed to refinance "a substantial portion" of $4.3 billion of auction-rate securities issued by its funds.  The move makes Madison Dearborn, which bought Nuveen last year, the latest buyout shop to be sideswiped by the credit crunch.

• Rydex Launches Alternative Fund of Funds

  Fund invests in commodities, currency arbitrage, managed futures and real estate.

• Schwab to Launch Suite of Monthly Income Funds

  Charles Schwab Corp. has added to its lineup of retirement-oriented funds with a suite of new monthly income funds.

• 4 Smart Ways to Play the Sinking Greenback

  Here are four ideas for turning the dollar's decline into higher investment returns.

• FINRA Fines Major Brokerage Firms

  Prudential Securities, UBS Financial Services and Pruco Securities among firms fined for mutual fund shares and supervisory violations.

• Dividend Focus May Hold Subprime Bite

  WSJ.com: Investors in exchange-traded funds that focus on dividends have received a nasty surprise in recent months: These funds often have significant stakes in high-yielding financial stocks, which have been hit hard by the selloff in banks exposed to the subprime rout and credit upheaval.

• When to Sell a Mutual Fund

  WSJ.com: Changes in your relationship with a mutual fund can be subtle or transparent, quick or evolutionary. Here are five circumstances in which you should consider selling your fund. -MARKETWATCH

• Annual Lipper/Barron's Fund Families Survey

  Barron's: The February cover story of Barron's, "The First Family,"  is the annual ranking of mutual-fund companies based on their overall performance across a variety of asset types.

• Diversifying Isn't Paying Off This Year

  WSJ.com: Overseas shares have suffered this year together with their U.S. counterparts, putting the plans of many individual investors to the test. Drawn by outsize returns and a desire to diversify their portfolios, Americans sent mountains of investment dollars abroad last year. Mutual funds that invest primarily outside the U.S. finished last year with $138 billion in net inflows from customers, according to the Investment Company Institute.

• Replicating a Successful Bear's Fund

  WSJ.com: Jeremy Grantham's, fund manager of  Boston fund company Grantham Mayo Van Otterloo (GMO), has warned about the credit crisis for years. Here's where he's putting his clients' money now.