Word: reflective
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...which are borne by all shareholders. Plus, the rapid movement of money makes a fund difficult to manage, possibly hurting long-term returns. In international funds, market timers may be able to take advantage of "stale" prices--trading a fund in the U.S. when the price may not yet reflect movement in foreign markets. From a legal standpoint, market timing is an issue only for funds that officially ban it but make allowances for hedge funds and others who pay them big fees. Market-timing violations are far more widespread than late trading. The cases against Janus, Strong and Bank...
...Blaming President Bush for the violence and sabotage in Iraq is like blaming a sailor for rough seas. Unrest in the Middle East is beyond any nation's control. The borders of the nations were formed by European colonials and do not reflect the groups of the region. To the people, the borders are cultural and ethnic, not political. There is no such entity as "the Iraqi people." They are Shi'ites, Sunnis, Kurds and so forth. Violence was a way of life under Saddam Hussein's regime. It is not possible for outsiders to do what is necessary...
...Wire” cover, which resurrects “My Bloody Valentine” but somehow makes the guitars even more amorphous and suffocating. The track’s shoegazer leanings sound out of place amidst the album’s bloops and beats at first, but they reflect the slowly, surely dissolving boundaries in marginal music...
...newly-elected editors reflect a more diverse set of beliefs than their predecessors, according to Maximilian A. Pakaluk ’05, who was elected editor Saturday...
...Bush] pledged to keep a steady pace in improving national security,” Perry said. “The National Security Plan put in place since 9/11 does not reflect that...