The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:FBR Prospectus Changes Could Irk Shareholders Not Rated 2.2 Email Routing List Email & Route  Print Print
Monday, September 10, 2007

FBR Prospectus Changes Could Irk Shareholders

by: Erin Kello

FBR's change to the prospectus of the FBR Small cap fund came without it seeking shareholder approval. That faux pas is translating into shareholder discontent, fund insiders told Barron's. Barron's reports that FBR's counsel found no need to seek shareholder approval to junk the provision that the fund hold at least 80 percent of the fund's assets be in small caps. Both Adam Bold, of the Mutual Fund Store, and Harold Evensky, an investment advisor, say that the move may step on shareholders toes, but if the good returns continue, they may not mind the pain. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use