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Rating:Filing for RMK Fund Offers Look into Valuation After Subprime Mess Not Rated 3.0 Email Routing List Email & Route  Print Print
Friday, October 5, 2007

Filing for RMK Fund Offers Look into Valuation After Subprime Mess

by: Armie Margaret Lee

An annual report for one of the funds hit hard by the summer's subprime mortgage turmoil was filed yesterday, and it contains details into how fund shops are valuing their holdings in the wake of the subprime mess, according to The Wall Street Journal. The filing for the Regions Morgan Keegan Select High Income Fund, which invests in corporate bonds and mortgage-backed securities, offers information on how fair values were determined on certain assets.  

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