THE Good, THE Bad AND THE Ugly

Zweig, Jason; Carter, Adrienne; Weisser, Cybele; Bigda, Carolyn; Freedman, Jonah; Johnston, Megan; Kalwarski, Tara; Price, Lysa; Torabi, Farnoosh; Wilson, Amy
February 2004
Money;Feb2004, Vol. 33 Issue 2, p74
This article looks to see which fund companies put investors first. All of a sudden, it seems, fund is a four-letter word that begins with F-U. Mutual funds had long looked like the cleanest corner of the financial industry--until last September, when New York State attorney general Eliot Spitzer unleashed his stunning charges of illegal trading in the fund industry. Fund investors are left worrying whether they can trust the people who manage their money. So MONEY has undertaken a sweeping survey of the policies and practices of the 100 largest retail mutual fund managers in America. We asked 44 questions of the fund managers. Fund families which listed innovative policies include American Century, American Funds and more. The full text of the survey is available on line.


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