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 |
|
Friday, October 2, 2009 ProFunds Beefs Up Its Warning Labels Leveraged index mutual fund and ETF providers frequently warn investors to use their products carefully, and ProFunds just filed such a warning with the SEC. Dow Jones' Daisy Maxey reports that the Bethesda, Maryland-based mutual fund firm warned investors that its products "may not be suitable for all investors and should be used only by knowledgeable investors who understand the potential consequences of seeking daily leveraged investment results." "We have always placed a high value on educating investors and providing full and complete disclosure," ProFund Advisors CEO Michael Sapir told Dow Jones. Printed from: MFWire.com/story.asp?s=22838 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |