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, March 8, 2010 'Diversify' is JPMorgan's Income Builder Mantra The Wall Street Journal's Fund Track column Monday touted the J.P. Morgan Income Builder Fund, a retirement investment vehicle that makes diversification its biggest asset. The fund, launched in May 2007, invests in a mix of stocks and bonds, collateralized mortgage obligations, real-estate investment trusts, convertible bonds, emerging-market equities and global high-yield debt. Investors are taking to the strategy and the fund's AUM has tripled this year, rising to about $64 million. Since its inception, returns have risen 0.7 percent, and the fund even had gains of 39.5 percent, beating the 26.5 percent of the S&P 500. Printed from: MFWire.com/story.asp?s=31562 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |