Viking Mutual Funds'
] board plans to shut down
the Viking Large-Cap Value Fund
in November, pointing to the "low asset level, performance, unprofitability
and challenges in marketing the fund." [SEC filing
Effective today, the fund's shares are no longer available for purchase. The fund will close on or about November 19.
The fund has $2.6 million of assets and carries a two-star rating from Morningstar.
The liquidation will leave the Integrity Viking fund family will 13 funds.
No other fund closures are planned, Viking Fund Management president Shannon Radke
told The MFWire.com
Stay ahead of the news ... Sign up for our email alerts now