Tag: Mutual funds

Putnam Releases Absolute Return Suite

Putnam Investments has launched a suite of target absolute return mutual funds designed to seek annualized total returns of 1%, 3%, 5%, or 7% above those of Treasury bills over three years or more.

Retirement Plans Still Pumping Up Mutual Fund Ownership

More households own mutual funds inside tax-deferred accounts—such as defined contribution (DC) plans, individual retirement accounts (IRAs), and variable annuities—than outside these accounts, according to the Investment Company Institute.