Word: mutually
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Dates: during 1990-1999
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HIDDEN PROFIT Just because a mutual fund bears the name of a firm doesn't mean that firm is managing your money. In fact, a growing number of investors, whether they realize it or not, are pouring cash into subadvised funds. These funds are farmed out by the likes of Vanguard and Dreyfus to outside managers with special expertise. That's a good thing, according to a recent study, which showed that subadvised funds, especially in growth, health and emerging-market stocks, initially outperform, by up to 0.5% annually, their in-house peers. Two such choices are Enterprise Growth...
This is pure crystal-ball gazing. The cyclicals could easily fizzle along with, say, the Asian recovery. But what if they don't? Now is a good time to review your portfolio. Odds are that you or the stock pickers at the mutual funds you own have grown a little too fond of technology and big consumer stocks. One quick way to judge: look at your portfolio's return in April. Lose money? That's a sign that you may be overexposed to speculation.com A diverse portfolio would include cyclicals, whose com-like gains last month would have offset weakness...
AFTER HOURS Talk about bad market timing. Just as SEC chairman Arthur Levitt was warning last week about the dangers of online trading, Instinet--the network that lets brokerages and mutual funds trade stocks after the closing bell--said it would soon afford retail investors the same privilege. Before long, sleep-deprived traders in their pajamas should be clicking trades through cyberspace all night long, potentially saving money by having their trades executed faster. Retail investors will still route their trades to Instinet through brokers--online and otherwise--but they'll be able to react to late-breaking news. Both...
...cash, Antonio must borrow it from the Jewish moneylender Shylock. Shylock agrees to lend him the sum for three months but demands as his bond a pound of Antonio's flesh. A contract is drawn up, signed and sealed, and misery descends on both parties. The mutual hatred bound up in a loan under the laws of Venice boils over. Shylock's daughter Jessica falls in love with the Christian Lorenzo and abandons her father. As reports trickle in that Antonio's ships are all lost at sea, Shylock becomes more and more wrapped up in his desire for vengeance...
...student-written plays. At 15, she landed her first TV role, as Michael Palin's daughter in the British series GBH. Film parts started to come soon after she was killed off in Brookside, and so too did a starring part in an impressive BBC production of Dickens' Our Mutual Friend...