Business, Management and Accounting
8 years ago

Mutual Funds Evolve to Meet Investor Needs in New Century

Journal of accountancy online/Journal of accountancy
Mutual Fund Strategies: A New Century Demands a New Approach
Cynthia Harrington

Paper Summary

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Mutual funds are still relevant and evolving to meet investors' needs. New SEC rules require funds to report after-tax returns, making it easier for CPAs to compare them. Funds are expanding their offerings in different industries and sectors. CPAs have various tools to analyze and recommend funds. Future legislation may change how capital gains are taxed. Despite predictions of decline, mutual funds remain popular for diversification and professional management.