Mutual Funds Articles Free Essay Example, 1500 words

Statistics tell that an investment in that fund on March 10, 2000, incurred a loss of 32.88% by October 2002. And, it took the investors almost 5 years to get their money back that they invested in the fund. Most of the firms like FCVSX have good past record over the years but still they may be â€Å"high risk†. Convertible bond funds are a great way for investors and their advisors to access these securities such as safety, security, stability, and income. But investors and their advisors who seek to have convertible bond funds would be better off if they try to find out first what are the underlying strategies of the firm who offer these funds. They must realize that â€Å"Things may not be as they appear†. So its is only up to the investors and their advisors to find out the reality of any offer and then proceed to avoid any future losses. Ivy Asset Strategy Rakes in Cash, Stays â€Å"Ivy Asset Strategy Rakes in Cash, Stays† says that raking in cash is one of the rare funds these days. We will write a custom essay sample on Mutual Funds Articles or any topic specifically for you Only $17.96 $11.86/pageorder now Ivy Asset Strategy, a "go anywhere" fund owned by Waddell & Reed is one of them. Infact, Ivy has become one of the top ten gainers of cash in the first half of the year. Last year i. e in 2007 it had a great achievement it having the fund`s 41.3% return. Naturally, this achievement has made this strategy an easy sell for the brokers who distribute it. Another important reason for this achievement is Ivy`s flexible attitude. Ivy racked up huge profits in 2007 just by participating in the emerging markets of China, India, Russia, and Brazil. And now they are playing defensive and making use of the profit they made last year. Still their profit is nearly 45% of assets i. e $6.8 billion at the end of June. Avery used to invest greatly in bonds until 2002 and it also used to operate only in the U. S. But then in 2003 it started to invest in overseas also like China, India, Brazil and other emerging economies. Attracting so much money has surprised Avery itself. The most important feature behind Avery`s growth is its ability to change according to the time`s needs. And they are also pretty clear in their mind about what and how they want. They know their main job at this time of global weakness is not to loose their investors. They are also clear about the names of the sectors and industries that we want to invest in. And they have no problems waiting for the prices to come to them. And now they are looking forward in spreading their business to further areas like Vietnam, Egypt, or other countries in Africa and the Middle East.