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, December 6, 2013 Managers Slows the Fire Hose for Both Yacktman Funds Affiliated Managers Group's [profile] Managers Investment Group is about to close two booming, five-star mutual funds to new investors. On December 31, both of Managers' Yacktman [profile] mutual funds — the gold-rated, $13.5-billion Yacktman Fund and the silver-rated, $11.6-billion Yacktman Focused Fund — will close to new investors. Morningstar notes that five years ago the Yacktman Fund had about $300 million and the Yacktman Focused Fund had under $100 million. Their combined assets are now more than 60 times that figure. Printed from: MFWire.com/story.asp?s=46940 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |