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 |
|
Monday, October 29, 2012 M* Tracks Target Maturity Flows Morningstar has new data on target maturity funds for the third quarter of 2012, and the news is fairly good. The funds returned 5.1 percent on average for the quarter and 18.9 percent for the past year. Flows have also been steady, with $12 billion coming into this category of funds in the third quarter. Those numbers are compated to the S&P 500 index, which had 6.4 percent returns in the past quarter and 30.2 percent in the last year. Target maturity funds have been in the news a lot recently. MFWire has written on the topic at various times. To read the Morningstar report, click here. Printed from: MFWire.com/story.asp?s=41832 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |