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Rating:FundTrack Does a Schwab Redux Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 02, 2008

FundTrack Does a Schwab Redux

by: Erin Kello

As the MFWire reported last Friday, Schwab is offering investors in its Schwab YieldPlus Fund, which lost 26 percent of its value this year, settlements. Today's WSJ FundTrack by Diya Gullapalli tackles the subject, reminding readers that there is precedent for offering investors who lost money on supposedly conservative investments settlements. Heartland Advisors, in 2002, paid out $14 million to settle a class action lawsuit over losses in two bond-funds..  

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