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Rating:Fido Makes a Surprise Appearance on FRC's Best-Seller List Not Rated 3.0 Email Routing List Email & Route  Print Print
Friday, October 26, 2007

Fido Makes a Surprise Appearance on FRC's Best-Seller List

Reported by Erin Kello

The FRC monthly flows for September are in and things are looking better for Fidelity. The company re-entered the the list of the 20 top selling fund groups at number 5, after a long absence. Fidelity captured $2.31 billion of investor's dollars; this is more than three-quarters of the company's YTD fund flows which stand at $2.76 billion.

Topping the September list of the best-selling funds is BGI, which pulled $9.53 billion into its funds. Last month's top dog, SSgA, took the number two spot, pulling in $6.76 billion. American Funds and Vanguard came at at numbers 3 and 4, with $5.11 billion and $4.15 billion respectively.

August's number 4 selling fund group, Evergreen, pulled a disappearing act from the top 20 for September. Dimensional Fund Advisors, last month's number 5 contender, fell to number 13 on the September list. 

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