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, August 31, 2004 Dodge & Cox Shutters Balanced Fund San Francisco-based Dodge & Cox will close its Balanced Fund to new investors on September 10, leaving investors keen on Dodge & Cox funds just two options. The firm announced on Monday that it will close the $17.3 billion fund. Currently, the firm's $36.3 billion Equity Fund is also closed. The closure likely means that Dodge & Cox, which was number five in net inflows this year, will not retain its spot. Inflow data is according to Financial Research Corp. Compared to its peers, Dodge & Cox's Balanced Fund outperformed at least 93 percent of its peer funds at the end of one, three and five years, Reuters reported, citing Morningstar data. The less popular $1.6 billion International Stock Fund and $6.6 billion Income Fund remain open. Printed from: MFWire.com/story.asp?s=7928 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |