The Markets September 30, 2011

Mutual Fund Outflows More Than Doubled in August

Stock and bond funds experienced net outflows of $32.8 billion from long term funds last month, according to data from the Financial Research Corporation (FRC).
Reported by

This follows net outflows of $14.6 billion in July (see “Stock and Bond Funds Experience Net Outflows in July“). Conversely, exchange-traded funds saw net inflows of $1.4 billion in August.

The equity objective saw the biggest retreat, with a net outflow of $20.6 billion, followed by the corporate objective, with a $14.3 billion net outflow. International/global equity was the best selling objective in long-term funds ($3.3 billion), while Equity was the best selling objective in ETFs ($2.4 billion).  

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The SPDR S7P 500 ETF Trust was the best selling fund in August, posting a net inflow of $3.7 billion. Vanguard Total Stock Market Index ($3.4 billion), SPDR Barclays Cap 1-3 T-Bill ($2.1 billion), Templeton Global bond ($1.8 billion), and Market Vectors Gold Miners ($1.6 billion) rounded out the top five.  

More information is available at http://frcnet.com.
Products September 30, 2011

New Web Site Offering Individualized Advice for 401(k)s

The site will help individuals and small businesses manage their of 401(k) retirement investment decisions.
Reported by

The team is led by Albert P. Herzog, III, an independent registered investment adviser (RIA), co-Founder of 401K GPS, and President and co-founder of Fortunatus Investments and its Protactical Investment Management process.

“Through the 401K GPS proprietary Protactical process, our investment team assesses and monitors each client’s 401(k) strategy daily, to ultimately prosper in up markets and protect investments in downturns,” said Herzog.

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Users of 401K GPS will receive direction according to the Protactical Investment Management process, which follows a quarterly approach to anticipate favorable investment opportunities and market up-trends with the flexibility to provide intra-quarter downside protection. The process has been used by Fortunatus Investments for more than a decade.

“We established 401K GPS after we saw so many people take incredible losses in the past three market downturns due to mismanagement of their 401K portfolio,” said Adam Kulesza, Co- Founder and Investment Strategist for 401K GPS. “People were forced to alter or delay their retirement dreams because they did not actively monitor the investment in their company sponsored plan. We are here to provide the bridge that results in successful 401(k) retirement planning.”

For more information, visit www.401KGPS.com.

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