Past Press Releases

Click on news release title to view the complete release.

NAAIM Applauds S.E.C.'s Final Rule on Mutual Fund Redemption Fees, But Reaffirms Position
May 25, 2005. Industry trade group launched letter writing campaign.

NAAIM Concludes 27th Conference in its 16th Year
May 12, 2005. Uncommon Knowledge 2005 was highlighted by a robust agenda of speaker presentations, panel-led workshops and networking sessions, an increase in overall membership, and the election and appointment of new officers.

NAAIM Applauds Today's Decision By SEC On Redemption Fees But Remains Concerned
March 3, 2005. The National Association of Active Investment Managers (NAAIM), a professional organization of registered investment advisers, enthusiastically backs the SEC's decision to reject mandatory redemption fees on mutual fund investors.

SAAFTI, The Society of Asset Allocators and Fund Timers, Inc., Changes Name to the National Association of Active Investment Managers (NAAIM)
August 23, 2004. Members Vote Overwhelmingly to Change Adviser Group's Name

Three Questions Investors must ask before purchasing a mutual fund
Feb. 11th, 2004. Given the pending legislative changes regarding new mandatory mutual fund redemption fees, new custodian redemption fees and changes in trading cutoff times, investors would be wise to ask these important questions before investing.

NAAIM Elects new Board of Directors
May 13th, 2003 SAAFTI elects four new directors to the board at the annual meeting in St. Petersburg, FL.

Learning From Losing
April 3rd, 2003 Press Release - An article written by SAAFTI president Steve Blumenthal discussing what many have painfully come to discover about the realities of losing investment principle.

Here Lies Buy & Hold
January 3rd, 2003 - A factual article written by SAAFTI member John Lyons discussing the raw truth about the "buy and hold" investment method promoted by the financial services industry today.

Interview with John Bogle
May 9th, 2002 - Rebuttal to interview with John Bogle.

Market cycles show opportunity for active investors
May 20, 2002 – What’s next for the stock market? The Society of Asset Allocators and Fund Timers, Inc. (SAAFTI) suggests investors look first to the past to understand that the market moves in cycles of over- and under-performance. In the midst of an underperforming market, there can be opportunities for profit.

NAAIM Elects 2002-2003 Officers and Directors
May 8th, 20002 - SAAFTI Elected its 2002-2003 slate of officers and directors at the association's May 2002 conference in Palm Springs, CA.

New Study Demonstrates Value of Professional Market Timing
Nov 6th, 2001 - Professional market timing works, according to a study published in the November 2001 issue of the Journal of Financial Economics, “The performance of professional market timers: daily evidence from executed strategies.”

Market's decline prior to Sept 11st, proved fortunate for Active Managers
Oct 9th, 2001 - Happy investors are few and far between these days, but among those investors least damaged and in many cases undamaged by the financial market’s precipitous drop over the last month are clients of active investment managers.....

NAAIM Elects 2001-2002 Officers and Directors
May 18, 2001 - SAAFTI elected its 2001-2002 slate of officers and directors at the association`s May 2001 conference in Denver, CO...

Market Timing Can Improve Odds of Money Lasting As Long As You Do
April 3, 2001 – At the risk of saying “I told you so,” the Society of Asset Allocators and Fund Timers , Inc. is revisiting a July 2000...

Timing Doesn't Have to Be Perfect to Beat Buy and Hold
August 28, 2000 – The most common argument against market timing is that investors will miss the best days of the market and see their returns suffer dramatically...

NAAIM Salutes Vanguard`s Introduction of Exchange Traded Funds
May 17, 2000 - Kudos to the Vanguard Group on its decision to add exchange traded funds (ETFs) based on five of the company’s most prominent index funds...

Novice Investors May Be Confusing a Bull Market with Brains
September 29, 1999 – Recent advertisements encouraging individual investors to take on the stock market themselves through easy, on-line trading can be a...

Strategies for Success Highlight Half-Day Conference for Active Investment Managers
September 28, 1999 – Active investment managers looking for ways to better market their businesses and learn about the latest alternatives to mutual fund...

Has Market Timing Become a Scapegoat for the Mutual Funds?
August 17, 1999 -- Mutual funds have turned up the heat on market timers with articles appearing in Money magazine and other financial publications claiming...

NAAIM's Response to THE MOTLEY FOOL article
Sept. 9, 1999 -- The Society of Asset Allocators and Fund Timers, Inc. issued a response to THE MOTLEY FOOL in response to a syndicated article dates...