Similar to
international mutual fund industry associations, the role of MUFAP broadly encompasses the following five major areas:
The adoption of the IMS is part of Scotia Fondos' initiative to automate its domestic and
international mutual fund (Fondos de Inversion) operations with 16 different portfolio options on a single, consolidated platform.
Most recently, in a more broad-based study, Ferreira et al (2006) use a large cross-section of
international mutual fund from 19 countries between 1999 and 2005 to examine what fund attributes and country characteristics help explain the cross-section of fund performance.
However, mutual fund executives say advisors have to channel enthusiasm and keep some key points in mind before helping clients select an
international mutual fund or subaccount within a variable insurance product.
International Mutual Fund Selectivity and Market Timing During Up and Down Market Conditions, Financial Review 33, 127-144.
The typical
international mutual fund has investments in 15 to 35 different countries, but pays only an insignificant amount of foreign taxes per share.
The aviation industry is currently attempting to set up an
international mutual fund to cover such risks.
FROM 1990 TO 1999 GLOBAL AND
INTERNATIONAL MUTUAL FUND ASSETS GREW FROM $46.
AIG merged its
international mutual fund business with SunAmerica's business.
Several of the software packages we reviewed incorrectly applied the passive loss rules to the limited partnership investments and incorrectly computed the foreign tax credit from the
international mutual fund investments.
This approach has been applied to
international mutual fund performance and is described in detail by Droms and Walker (1994).
The purpose of investing in an
international mutual fund is to have money in markets that move opposite of the United States, he says.
