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, June 2, 2008 Lauricella Jabs at 130/30 Are 130/30 mutual funds worth the hype? Writing in Monday's Wall Street Journal, Tom Lauricella claims that "most individuals are better off sticking to plain-vanilla funds." "Most 130/30 funds are trailing their benchmarks," Lauricella writes. He also takes swipes at the managers of the Fidelity 130/30 Large Cap Fund and the RiverSource 130/30 U.S Equity Fund, for "little short-selling experience" and stock-picking performance, respectively. Printed from: MFWire.com/story.asp?s=18393 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |