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, April 15, 2011 Allianz Closes a Small-Cap Fund to the 401k Crowd Allianz Global Investors [see profile] will no longer make the Allianz NFJ Small-Cap Value Fund available to participants in "certain specified benefit plans," including 401(k)s, 457s, 403(b)s, defined benefit and 529s. The change is effective "as soon as practicable," according to an SEC filing on April 12. Morningstar's Ryan Leggio reported on the filing. The fund has been closed to new investors since April 2009 and to all investors except those in 401(k) and other savings plans since August 2009. Allianz didn't provide specifics on which 401(k) plans may continue to invest in the fund. Printed from: MFWire.com/story.asp?s=36556 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |