Thursday, December 28, 2006

Is your fund manager deceiving you? Read on | TheNewsTribune.com | Tacoma, WA

Is your fund manager deceiving you? Read on TheNewsTribune.com Tacoma, WA: "The final week of every quarter is known as “window dressing week.” It’s whenportfolio managers sell stocks that have done poorly during the quarter andreplace them with ones that did well. The idea is to make themselves look good: Reports to investors include snapshots of major fund holdings at the end of the quarter.

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