Managerial Finance: Volume 28 Issue 7

The early attraction of S&P index funds: is perfect tracking performance an illusion?

John E. Cresson, R. Mike Cudd, Tom J. Lipscomb

Notes the popularity of index funds with US investors, refers to research on fund performance compared with indexes and presents a study comparing daily returns of S&P 500 index…

Can we still find long‐term care financing without buying a policy, and do we want to?

Robert J. Carney, Dianne R. Morrison, Lise Graham, Ryan Morrison

Reports that under a third of the increasing numbers of US citizens needing long‐term care (LTC) in a nursing home pay their own fees; and that Medicaid (health programme for the…

Rules for withdrawing money from tax deferred retirement plans and portfolio value implications

Kevin J. Sigler

Explains the new US tax rules for calculating the required minimum distributions from employer‐sponsored qualified retirement plans, 403(b) plans and individual retirement…

Financial planning, managers, and college students

Joe James, W. Hadley Leavell, Balasundram Maniam

Reports that few Americans plan financially for their retirement and outlines the possible strategies for doing so, referring to relevant research, e.g. company sponsored pension…

Are mutual fund prospectuses written in plain English?

Don T. Johnson, Ronald J. Bauerly, Doug Waggle

Notes US efforts to make documents easier to read and reviews previous research on readability. Presents a study of the readability of the investment objective sections of two…