The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Not Having an MStar Rating is No Excuse for Failure Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, May 07, 2012

Not Having an MStar Rating is No Excuse for Failure

News summary by MFWire's editors

Fund marketers should no longer be thinking that they need a Morningstar rating for their funds in order to see inflows. At least that is what Dan Jamieson of InvestmentNews reports.

Morningstar data shows that from April 1, 2011, through March 31, 2012, $109.5 billion net flowed into unrated mutual funds with less than three years of track records.

Those figures rival inflows into four- and five-star mutual funds and surpassing those into lower-rated mutual funds.

The lion's share went to a fund that roared in L.A: $15.4 billion, more than 14 percent of the total, flowed into star PM's Jeff Gundlach's DoubleLine Total Return Bond Fund [profile].

Meanwhile, $2.2 billion went into the Pimco CommoditiesPlus Strategy Fund [profile] InvestmentNews pointed to alternative strategies and new share classes of mutual fund giants' existing offerings as big unrated, freshly launched drawers of net inflows.

Strategic Insight senior research analyst Loren Fox and Lipper Americas Research head Jeff Tjornehoj both weighed in for the article. 

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use