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MutualFundWire.com
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an InvestmentWires' Publication |
Tuesday, October 2, 2007 Mutual Fund Mavens Are Unsure That Fees are Market-Timing Magic Bullet Mutual fund executives are not convinced that fees will curb all market timers. The AP reports that a new study commissioned by PFPC found that while 84 percent of fund board directors and executives said they believe that short-term redemption fees would effectively curb short term trading, 69 percent of board members and 55 percent of fund company executives said they think that some die-hards would still engage in the practice. Printed from: MFWire.com/story.asp?s=15975 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |