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 |
|
Thursday, April 14, 2005 Harbor's Small Cap Fund to Close Toledo, Ohio-based Harbor Funds announced that its $1.07 billion Harbor Small Cap Value Fund will be closed to new investors at the end of June due to large asset levels. The board of directors of the fund has already approved the decision. The fund "could begin to approach net asset levels at which it could become more difficult to keep its portfolio fully invested in small cap stocks that meet the manager's selection criteria," stated David Van Hooser, chairman of the board of trustees. Paul Viera of the fund's Atlanta, Georgia-based subadvisor, Earnest Partners, manages the fund. Harbor Funds had $20 billion in assets at the end of March. Printed from: MFWire.com/story.asp?s=9487 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |