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Rating:RidgeWorth Plans to Shutter a Trio of 130/30 Funds Not Rated 1.0 Email Routing List Email & Route  Print Print
Wednesday, March 9, 2011

RidgeWorth Plans to Shutter a Trio of 130/30 Funds

News summary by MFWire's editors

Three RidgeWorth [see profile] 130/30 funds are headed for liquidation. The board of trustees of the RidgeWorth Funds last week greenlighted the closing of RidgeWorth International Equity 130/30, Real Estate 130/30 and U.S. Equity 130/30 funds. The liquidation will be completed "on or around May 31, 2011."

The International Equity 130/30 fund has AUM of $130 million, the Real Estate 130/30 fund has $12.3 million and the U.S. Equity 130/30 fund has $14.1 million, according to Morningstar. 

Edited by: Armie Margaret Lee


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