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45%  
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Keyword: mutualfundscandals

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  • Morningstar's Take on the Fund Industry Scandal by Morningstar Analysts

    11/21/2003 10:39:21 PM PST · by Grampa Dave · 36 replies · 92+ views
    Morningstar ^ | 11-20-03 | Morningstar Analysts
    Special Report Morningstar's Take on the Fund Industry Scandal by Morningstar Analysts | 11-20-03 | 10:00 AM These are trying times for fundholders. The mutual fund industry is supposed to be a safe haven for small investors, but allegations have surfaced that fund companies have allowed certain shareholders to get preferential trading deals, while some fund managers have taken advantage of their positions by market-timing their own funds. The allegations are far-reaching and demonstrate huge holes in the fund industry's fiduciary responsibilities. To give investors more guidance on how to respond to developments at specific fund companies, we've collected Morningstar's...