TPZ and TEAF are closed-ended
balanced mutual funds domiciled in the US, also launched and managed by Tortoise Capital Advisors LLC.
Balanced mutual funds which have few more levers than the index or the equity-only funds all are running out of options to steer in such a challenging environment.
It also launches and manages equity, fixed income, and
balanced mutual funds for its clients.
(See the September 2016 CPA Client Bulletin for more on target date funds.)
Balanced mutual funds (those holding equities and fixed-income securities) and professionally managed accounts also may be QDIAs.
Positive attitudes toward investing in equities, through stock and
balanced mutual funds, declined significantly.
"Confidence in investing in stocks has decreased to 49% this quarter from 60% one year ago, and we saw a similar decline in optimism toward investing in
balanced mutual funds, which incorporate stocks and bonds, a drop to 52% from 58% one year ago," Megan Greene, chief economist at John Hancock Asset Management, said in a statement.
The equity scheme of the NPS has given 42 per cent returns against an average return of 29 per cent by the safer
balanced mutual funds (where equity exposure is between 25 and 60 per cent) over a one-year period, as of February 27.
Six in ten investors said they are confident about investing in stocks, while a similar share expressed optimism about investing in
balanced mutual funds. Nearly 30 percent believe that blue chip stocks will be the market s top performers over the next six months, a jump in expectation from Q3 of 2014 when 22 percent thought this would be the case.
Fueling the improvement this past quarter was a rise in positive attitudes toward investing in stocks and
balanced mutual funds. Investors report optimism about equities and foresee market growth.
TheStreet ratings' guide to stock mutual funds; a quarterly compilation of investment ratings and analysis covering equity and
balanced mutual funds; spring 2011.
The study aims at analyzing the performance of open-ended
balanced mutual funds schemes.
Since Carlton currently contributes the maximum to his Thrift Savings plan, he should shift his assets from 50% government bonds, 20% fixed-income funds, and 30% equity funds to 75% growth mutual funds and 25%
balanced mutual funds. "Because he has another 20 years before retirement he should be more on the growth side with mutual funds," says Clark.
