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Rating:A Nine-Year-Old Shop Shutters Its Mutual Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, September 26, 2016

A Nine-Year-Old Shop Shutters Its Mutual Fund

by: Neil Anderson, Managing Editor

A nine-year-old mutual fund shop is about to shut down its flagship fund.

Bill Davlin
Davlin Philanthropic Funds
Founder, President and Trustee
On September 30, per a recent SEC filing, the Davlin Philanthropic Fund will shut down. The one-star, $9.9-million mutual fund is managed by Wayland, Massachusetts-based Davlin Fund Advisors [profile], which is itself a non-profit that annually donates part of its advisory fees to charities ("with guidance from the Fund's individual investors").

Bill Davlin, president of his eponymous fund firm and PM of the fund, did not return calls for comment on the planned liquidation.

Davlin, a former Royce Funds analyst, founded Davlin Fund Advisors in 2007, and his mutual fund launched in 2008.  

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