Fundsters interested in mutual funds that have been around for a while may want to
take a look at the Boston Globe
. Columnist Steven Syre highlight
the 82-year-old Pioneer Fund
], which returned a total 1,073,300.43 percent since inception, as of the
end of last year.
That means $1,000 invested in the fund in 1928 was worth more than $10 million by
December 31, 2010. According to Morningstar, the fund with the current second-best
lifetime performance total is Investment Company of America
offering [see profile
]) which has returned
684,327.34 percent since 1934.
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