In the Margins
Investors poured cash into the $21 billion Technology Select Sector SPDR Fund, the largest exchange-traded fund globally tracking stocks of technology companies. Known by its ticker XLK, the fund has been a go-to bet for buyers looking for cheap and broad tech exposure, charging a low expense ratio of 13 basis points. The fund saw almost $616 million in inflows on Thursday, the most since December 2011, according to data compiled by Bloomberg. Read the original story from InvestmentNews.
Most Read
As mutual fund board members look forward to 2023, which is just around the corner, they are faced with a number of challenges and tasks unique ...
What started out as a vision to help key mutual fund stakeholders understand how evolutions in the capital markets, in governance practices, and in the regulators’ ...
The news on Tuesday that Goldman Sachs Asset Management agreed to pay $4 million to settle Securities and Exchange Commission charges related to how it manages ...
So much has happened in the world in the past several years that has (hopefully) made all of us think about what we have, while also ...