The average 2020 'through' series was down 10.6% in the first quarter, compared with a loss of 8.4% for 'to' funds. 'For investors with a $1 million nest egg who plan to retire in 2020, that’s a difference of more than $20,000 in losses,'...
The family-run Nicholas Co. is closing the Nicholas High Income Fund, its only fixed-income fund, on or around July 24.
BlackRock said in a research note that 88% of sustainable indexes did better than their non-sustainable counterparts in the first four months of 2020.
It’s the latest active manager to make its funds available on the free- to low-cost platform.