MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, December 3, 2007 Ultrashort Bond Funds Turn Out to Be Riskier than Expected In today's WSJ FundTrack, Michael Pollock examines the pitfalls of investing in ultrashort bond funds. Pollock reports that investors seeking higher yields by investing in these vehicles were shocked when many of them proved vulnerable to the credit market problems. According to AMG Data Services, from early July through late September, assets in ultrashort funds plummeted by about $6.8 billion, or 25 percent. Printed from: MFWire.com/story.asp?s=16649 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |