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Rating:Mutual Fund Shops Outperform Their Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, May 23, 2013

Mutual Fund Shops Outperform Their Funds

News summary by MFWire's editors

Investors in mutual fund shops are actually better of than the investors in the funds themselves, according to an InvestmentNews story.

At BlackRock [profile], for instance, the company stock is up 70 percent over the past year while the average equity fund has had a 28 percent return.

At Franklin Templeton [profile] the numbers are 59 percent and 27 percent; Invesco [profile] is 63 percent and 31 percent; Janus [profile] is 20 percent and 28 percent.

Shares of all publicly traded mutual fund shops are up 62 percent overall for the past 52 weeks.

Check out the original article here

Edited by: Ben Geier


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