MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, November 15, 2010 Jaffe Says Avoid PMs Who 'Underestimated the Risk' Fundsters helping put together shareholder communications may want to take a look at Chuck Jaffe's latest piece. Yesterday the MarketWatch columnist gave readers a list of things "you don't want to hear from" mutual fund PMs. The warning-bell-inducing phrases include: "We underestimated the risk," "We're cautiously optimistic," "If you take the long view of our performance," "Investors can take their money elsewhere," "No one is forcing investors to stay," "This is the worst bear market we've seen since," and "It's a challenging market right now." Printed from: MFWire.com/story.asp?s=34044 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |