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 |
|
Friday, May 2, 2008 FundTrack Does a Schwab Redux As the MFWire reported last Friday, Schwab is offering investors in its Schwab YieldPlus Fund, which lost 26 percent of its value this year, settlements. Today's WSJ FundTrack by Diya Gullapalli tackles the subject, reminding readers that there is precedent for offering investors who lost money on supposedly conservative investments settlements. Heartland Advisors, in 2002, paid out $14 million to settle a class action lawsuit over losses in two bond-funds.. Printed from: MFWire.com/story.asp?s=18134 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |