In your interest.
Online Personal Finance Magazine
No beating about the bush.
Fund prospectuses need to be revamped. Here is an example of why
Mutual fund prospectuses need to be drastically changed. They do not force fund houses to report performance but make them write out high-sounding nonsense such as “Investment Philosophy”. Unable to philosophise much, funds produce some general pap under Investment Philosophy.
As it is, funds are finding it increasingly...