Word: neutral
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FUNDS SHIFT TO NEUTRAL...
With the market hitting choppy water, some mutual funds are trying a balancing act. Firms like Barr Rosenberg and Euclid Advisers have launched market-neutral funds, which bet equal amounts of a portfolio on stocks to rise and fall. The funds are touted as a low-risk investment, but the high fees and taxes--and relatively low returns--extract a high price for security...
...with their coverage, 35% of those surveyed in a TIME/CNN poll complained about the growing hassle involved with their coverage, and a wide majority expressed support for such reform proposals as the right to choose one's own doctor (79%) and the right to appeal HMO decisions to a neutral third party...
...almost every other race-loaded topic of the day, from the Asian campaign-finance scandal to Tiger Woods. "I wish for a society that treats race as an option, the way white people today are able to enjoy ethnicity as an option," he writes. "As something cost-free, neutral, fluid...
...possible $32 million in unclaimed assets that "could have belonged to European Jews or other non-Swiss residents." But the big bankers have been severely embarrassed by recent revelations that the Nazis stashed concentration camp gold in secret Swiss accounts, and that trade with this nominally neutral nation helped prop up Germany's war effort. Will $600 million make the bad publicity go away? Not if the victims of that war effort have anything to do with...