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 |
|
Monday, December 8, 2008 Waggoner Looks at How the Bear Market Shook Up the Fund World USA Today's John Waggoner takes a look at how the bear market has impacted the mutual fund arena. He notes that American Funds' $127.8 billion Growth Fund of America relinquished the title of largest mutual fund to the $130.7 billion Fidelity Cash Reserves, and that Vanguard Group is now the largest fund company, unseating Fidelity. Waggoner also notes that only one stock fund -- Growth Fund of America -- remains in the list of the five largest mutual funds. Printed from: MFWire.com/story.asp?s=20083 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |