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, January 22, 2008 Mutual Funds Feel the Heat from Market Woes The market turmoil isn't letting mutual funds escape unscathed. Reuters reports that investors have pulled $25 billion out of U.S. stock funds and another $11 billion out of international stock funds this January. One of the year's biggest losers so far is Fidelity's just reopened Magellan Fund, which has seen a 11.92 percent decline this year. Printed from: MFWire.com/story.asp?s=17196 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |