Closed mutual funds are opening up again
Tuesday, March 31st, 2009Have you ever tried to get into high profile mutual fund and found out that the fund is closed for new investors? All such funds are opening up again for new investors because of huge cash outflow from those funds. Oakmark Equity & Income, Sequoia like funds opened the door for new investors to get more money in. If you had eyes on some of these exclusive funds, check out whether those funds accept new investors now. The odds are in your favor!
Source: Wall Street Journal