MutualFundWire.com: Money Funds Play SIV Roulette
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Tuesday, December 4, 2007

Money Funds Play SIV Roulette


In today's WSJ FundTrack, Shefali Anand sifts through regulatory filings to find out which money funds are still holding SIV securities recently downgraded by Moody's. According to Anand, companies with money-market funds that still hold some of these SIVs include: Barclays PLC's Barclays Global Investors; UBS AG; Charles Schwab Corp.; Deutsche Bank AG; BNY Hamilton Funds; and Morgan Stanley. The risk to investors though is not likely to be catastrophic; the SIVs make up an average 1 to 2 percent of the funds.


Printed from: MFWire.com/story.asp?s=16670

Copyright 2007, InvestmentWires, Inc.
All Rights Reserved
Back to Top