MutualFundWire.com: The Obamas Choose a Single Fund
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Monday, May 18, 2009

The Obamas Choose a Single Fund


Which mutual funds have the President Obama seal of approval? According to George Mannes' latest Money & Main St. blog entry on CNNMoney.com, Barack and Michelle Obama own shares of only a single mutual fund, Vanguard FTSE Social Index (of total of between $115,000 and $250,000 spread between three retirement accounts). Otherwise, the bulk of the Obama family's assets lies in U.S. Treasuries (between $1.05 million and $5.1 million).


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