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 |
|
Wednesday, February 2, 2011 Which Mutual Fund Returned 1,073,300.43 Percent Since its Birth? Fundsters interested in mutual funds that have been around for a while may want to take a look at the Boston Globe. Columnist Steven Syre highlight s the 82-year-old Pioneer Fund [see profile], which returned a total 1,073,300.43 percent since inception, as of the end of last year. That means $1,000 invested in the fund in 1928 was worth more than $10 million by December 31, 2010. According to Morningstar, the fund with the current second-best lifetime performance total is Investment Company of America (an American Funds offering [see profile]) which has returned 684,327.34 percent since 1934. Printed from: MFWire.com/story.asp?s=35911 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |