The American Funds family also has an independent chairman and that golden 75% for each fund.
From the point of view of transatlantic amity, this is an admirably altruistic use of American funds.
For example, the mutual fund company American Funds makes its funds available through many brokers and 401(k) plans.
American funds have been awaiting a final decision on these proposals with a mixture of anxiety and dread.
Alan Villalon, a senior banking analyst at Minneapolis-based First American Funds, says JPMorgan got bank earnings off to a good start.
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In 2005 Britain had the edge in performance, returning an average of 16.15%, almost twice the return of American funds.
So did American Funds, Citibank, E-Trade, Janus, Merrill Lynch, MFS and Wachovia.
By this measure, the true cost of investing in American funds has fallen by over one-third since 1980, because loads have declined.
American Funds in general are suffering from a massive outflow of assets.
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Another big factor: lower U.S. interest rates, which could lead to easier money in Asia and the return of American funds to the region's markets.
Morningstar, for example, awards American funds one to five stars, based on a mechanical formula that takes into account past performance, past volatility, and expenses.
Rowe Price and American Funds, as well as broker-dealers and others, to provide more information about the direct and indirect fees they collect from 401(k) accounts.
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The result of denying access to the passport would be to put American funds at a distinct disadvantage to their local competitors in regards to fundraising efforts.
Indeed, I own American Funds Growth Fund of America ( AGTHX) via my Fidelity sponsored 401(k) and I can report that its returns have been pretty unimpressive.
If they are weighted by fund size, American funds' average fees dropped slightly from 1995 to 1997, suggesting that larger funds are becoming cheaper as they grow.
While most investors know that the average European stock fund is down this year, few may realize that Latin American funds are down 8% after a substantial run-up last year.
As long as Russia continues to produce more nuclear materials and weapons, American funds supplied to secure older ones can amount to little more than a subsidy for their replacements.
For those looking for exposure to emerging and developing market equities, which recommend checking out the Oppenheimer Developing Markets A (Ticker: ODMAX) and the American Funds New World R6 (Ticker: RNWGX).
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Hembre, chief economist at First American Funds of Minneapolis.
However a quick visit to the American funds website reveals that as of November 20, 2010 this fund actually held 76.3% in US equities, 16.9% in non-US equities, and 6.7% in cash and cash equivalents.
Likewise, among foreign funds, the leadership of Latin American funds like Fidelity Latin America (FLATX) faded from 2009 to 2010 as Japan funds like Hennessy Select SPARX Japan (SPXJX) rose to the upper part of performance tables.
Fidelity Investments and American Funds, among the largest in the category, saw redemptions or weak investor interest compared with competitors, according to an analysis of mutual-fund flows done for The Wall Street Journal by research firm Strategic Insight, a unit of New York-based Asset International.
We apply that same investment expertise to the methodology of the American Beacon Funds.
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If, say, American pension funds ignored the proposed index, it would not stand much of a chance.
Some two-thirds of American pension funds with investment charters limit themselves to buying bonds rated by the industry's triopoly.
It has a large roster of well-known American hedge funds as major investors and a multi-billion dollar market capitalization.
American mutual funds have gradually increased their overseas allocation of equities since 2003 from 15% to 22.5% of assets, says Mr Jen.
At American Beacon Funds, Brian Brett, vice president of sales and marketing, said that the phones had been "pretty quiet" Monday morning.
Thailand, Argentina and Russia have all faced financial crises as a result of foreign investors (largely American hedge funds) selling their currency en-masse.
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Perhaps the most damning finding of all, though, comes from comparing the British study's results with those of the yet-to-be-published article on the performance of American mutual funds.
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