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Rating:Greenwich Advisors Pulls the Plug on its Mutual Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, February 09, 2011

Greenwich Advisors Pulls the Plug on its Mutual Fund

Reported by Armie Margaret Lee

Greenwich Advisors is shuttering its Greenwich India Select Fund due to its size. [SEC filing]

The mutual fund, which launched in August 2007, currently has AUM of $542,129, according to Morningstar.

"The Board of Trustees of the Greenwich Advisors Trust (the "Trust"), has concluded that due to the relative small asset size of the Greenwich India Select Fund (the "Fund"), it is in the best interests of the Fund and its shareholders that the Fund cease operations," according to the SEC filing. "The Board has determined to close the Fund and redeem all outstanding shares, as of February 25, 2011."  

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