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 |
|
Tuesday, October 1, 2013 Jaffe Says Mutual Funds Are Mis-Priced The esteemed mutual fund critique Chuck Jaffe has directed his pen to the subject of fund prices, and whether they are more than a little off, in MarketWatch. He writes that "one of the dirty little secrets of the investment industry is that on any given day, there’s a good chance that your mutual fund is mispriced." To make his point, he cites a survey of fund directors just released by accounting firm Deloitte on the subject “fair-value pricing.” The survey, Jaffe writes, shows that three-quarters of fund firms changed their procedures and processes for fair-value pricing of underlying investments. Printed from: MFWire.com/story.asp?s=46254 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |