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, January 24, 2011 Alger to Shutter Two Funds Fred Alger Management is pulling the plug on two of its funds. The board of trustees of the Alger Funds approved the liquidation of the Alger Convertible Fund and Alger Money Market Fund. The funds will be closed to further investment after the close of trading on the NYSE on January 27. [SEC filing] The funds' assets will be distributed to investors on or about February 28. Printed from: MFWire.com/story.asp?s=35827 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |