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 |
|
Thursday, October 1, 2009 Gross Won't Close Total Return Yet The top-selling mutual fund of 2009 won't be closing any time soon. Reuters reports that Pimco's Bill Gross does not want to close the $186 billion Total Return Fund. "To the extent that you can continue to beat the pants off competitors and outperform the market, then it must ok to keep on going," Gross reportedly said. According to Gross, the fund currently pulls in $300 million each day. Printed from: MFWire.com/story.asp?s=22807 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |