spent the most money on advertising among
its mutual fund industry peers during the first quarter. In the first three months of 2010, the San Mateo, California-based firm spent $3.7 million on ads, according to
. That's up
from $509,957 it shelled out in the same period last year.
Rounding out the top five are T. Rowe Price
with $2.97 million, Vanguard
$2.13 million, Fidelity
with $2.05 million and Power Corp. of Canada (Putnam Investments'
owner) with $2.03 million.
Armie Margaret Lee
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