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 |
|
Wednesday, July 16, 2008 GM Move May Cause Mutual Funds to Hit the Brakes Income funds such as Capital Group's Capital World Growth and Income Fund, may now be contemplating scaling down or selling their holdings in General Motors following the auto maker's Tuesday announcement that it will suspend dividends on its common stock, Reuters reports. Other funds with GM holdings that were mentioned in the article include the Capital Income Builder Fund and RiverSource Diversified Equity Income Fund. Printed from: MFWire.com/story.asp?s=18826 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |