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 |
|
Thursday, April 3, 2003 Pictet Liquidating Five Star Fund Pictet Funds is planning to liquidate its Eastern European Fund according to filing with the SEC. The decision to return the assets in the fund to shareholders come despite the fund's having earned five stars from Morningstar. The fund holds only $2 million in assets. Swiss private bank Pictet & Cie launched the fund in 1998, but was never able to attract adequate numbers of investors. Printed from: MFWire.com/story.asp?s=4896 Copyright 2003, InvestmentWires, Inc. All Rights Reserved |