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Below is a chart of the oldest active mutual funds by date of inception. Fund Name: Year of Inception: Growth of $10,000: Current AUM: MFS Massachusetts Investors Fund : 1924: $ 18,440,921.42: ...
American is one of the nation's oldest mutual fund families, serving investors since 1931. Their active funds are distributed through financial advisors because they "believe in the value of ...
Your article was successfully shared with the contacts you provided. Surprise – it’s not just Baby Boomers who invest in mutual funds, the latest industry research finds. Close to 50% of ...
Since launching in 1934, The Investment Company of America fund has rolled with World Wars and evolving economies. These are ...
It is Vanguard's oldest mutual fund and the nation's oldest balanced mutual fund, and it has been subadvised by Wellington Management since its inception in 1929.
Why pay a mutual fund manager a big fee to select when you can just buy the SPDR S&P 500 ETF -- which was up 30% in 2013 and has gained nearly 170% in the past five years. Still, some experts say ...
Mutual Fund Probe Spreads. Massachusetts Financial Services Expects Charges. December 8, 2003. By Brooke A. Masters. The owners of the nation's oldest mutual fund company, ...
Vanguard Wellington Fund As one of the oldest mutual funds, the Vanguard Wellington Fund is the natural place to begin. Founded in 1929, VWELX is also the first balanced fund .
About 1,200 old mutual funds went out in 2005, merged or liquidated out of existence. That’s an increase of about 20 percent from both 2003 and 2004. Many more funds shifted gears, changing ...
Old Mutual Capital Inc. of Denver today announced a plan to eliminate about 45 administrative and sales positions over the next eight months as the firm looks to shrink its mutual fund lineup by ...