MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, July 10, 2007 Vanguard Sails Past Rivals In Fund Sales The Vanguard Group outpaced its competitors in stock and bond fund sales in the first five months of the year. Citing data from the Financial Research Corp., InvestmentNews reported that net inflows into long-term funds at Vanguard reached $39.5 billion through May 31, representing an increase of 84 percent from the year-ago period. American Funds, for its part, saw net inflows of $38.8 billion, up 13.2 percent from last year, while net inflows at Fidelity reached $4.9 billion, down more than 68 percent. Printed from: MFWire.com/story.asp?s=14990 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |