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 |
|
Friday, July 1, 2011 MainStay to Liquidate a 130/30 Fund MainStay Funds [see profile] is planning to shutter its 130/30 Growth Fund this fall. The fund board this week greenlighted a proposal to liquidate the fund, which has AUM of $4.2 million. [SEC filing] The liquidation will take place on or about September 30. New York Life's mutual fund arm has two other 130/30 offerings in its lineup: MainStay 130/30 Core and 130/30 International. MainStay offers a total of more than 40 mutual funds. Printed from: MFWire.com/story.asp?s=37225 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |