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Rating:CDC Ixis to Close Three Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, March 19, 2003

CDC Ixis to Close Three

by: Sean Hanna, Editor in Chief

Three different types of funds will disappear from CDC Ixis' lineup if shareholders give their thumbs up. The French, bank-owned firm revealed its intent to liquidate a small cap growth fund, a large cap value fund and a short-term bond fund in a filing made with the SEC yesterday. Combined the funds have just $85 million in assets.

The three funds covered in the filings are the:

  • CDC Nvest Jurika & Voyles Small Cap Growth Fund
  • CDC Nvest Large Cap Value Fund
  • CDC Nvest Short Term Bond Fund

    The largest of the three funds is the bond fund, which holds $61 million in assets, according to data provided by Morningstar.  

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