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

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

Rating:More Infra-Centered Funds Seen to Enter the Market Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, November 27, 2007

More Infra-Centered Funds Seen to Enter the Market

by: Armie Margaret Lee

A Morningstar analyst sees more infrastructure-focused funds making their way to the market, Bloomberg reports. U.S. Global Investors and Kensington Investment Group earlier this year came out with their respective mutual funds focusing on companies involved in building and operating infrastructure. Those offerings are the first mutual funds in the U.S. with that focus. Morningstar analyst Michael Herbst noted that since countries will continue to plunk down a great amount of money into infrastructure, "there is a case to be made for companies that will be beneficiaries of this boom. I would expect to see more such funds open." The U.S. Global MegaTrends Fund rose 3.7 percent through November 7 since its launch in October, while the Kensington Global Infrastructure Fund gained 12 percent through November 7 since its debut in June.  

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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
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:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use