AAII: The American Association of Individual Investors
Past Journal Issues:

Receive a FREE copy of this month's AAII Journal today

100% Privacy Guaranteed.

Editor's Note

By Charles Rotblut, CFA

There are winds of change blowing in the broader fund industry.

One of those winds is occurring within the exchange-traded fund arena. Last month, Davis Advisors launched three actively managed exchange-traded funds. The three ETFs—Davis Select U.S. Equity (DUSA), Davis Select Financial (DFNL) and Davis Select Worldwide (DWLD)—are fully transparent stock funds. They disclose their full holdings daily, just as traditional passively managed ETFs do.

Other actively managed ETFs had previously been launched. The four largest are bond ETFs from PIMCO and Doubleline. These funds account for $2 out every $5 invested in the 176 actively managed ETFs in existence as of December 31, 2016, based on data from Morningstar. Eaton Vance’s NextShares offer equity-focused exchange-traded managed funds (ETMFs). Though ETMFs trade like ETFs, the transparency of their holdings is more opaque.

Continue Reading »

The AAII Journal

Free to members and published 12 times a year, the AAII Journal provides you with a continuing stream of insight and ideas that focus on how you can improve your investment results. Unlike most magazines, the AAII Journal is unbiased, educational and contains no advertising.

Below you can review the types of articles and topics we offer or, better yet, sign up for a FREE copy of the AAII Journal on the right of this page.

February 2017 Issue »


The Individual Investor’s Guide to the Top Mutual Funds 2017

By AAII Staff

The online version of our annual mutual fund guide has all new features, including reports for each fund.

Explore the Many Benefits of AAII Membership...

The AAII Journal
The AAII Journal provides you with investment ideas, insights and direction that are designed to make you a smarter and more successful investor. Click here to get a free copy.
Your ticket to valuable AAII stock screens, model portfolios, investment mini-courses, FREE investor e-books and extensive investment research. Forbes Magazine says, "Best articles ... best stock screens."
AAII Model Portfolios
With a long history of beating the market, our portfolios give you proven, practical, real-world investment guidance and instruction. We offer Fund, ETF and Stock models free to all members.
Guide to the Top Mutual Funds
Providing data and insights on over 700 promising mutual funds, this guide will help direct you to the funds that are worthy of both your time and your money.
Stock Reports and Research
Through our long standing relationship with Standard & Poor's, members receive in-depth reports for a number of indexes and corporations.
Lists of Winning Stocks
AAII Stock Screens provide the investment philosophies and passing company lists from some of the most promising professionals and academics. Warren Buffet, Peter Lynch, John Neff and over 50 others are covered.
Local Chapter Membership
You get free enrollment to your choice of over 50 local AAII chapters plus numerous special interest groups around the country.