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The greater the cash position held, the greater the impact".
Impressively, the fund achieves its ranking despite an 18percentt cash position, held since January.
Similar(58)
The cash positions held by active fund managers serve as a cushion in a down market, giving them an advantage over indexers, who hold little or no cash.
Normally, customers won't tolerate large cash positions held indefinitely; they are not paying the manager to sit on his hands.
Not position held.
The title of the position held.
If you look at the cash position that professionals hold because they know how to time the market, you look at that, and they invariably hold most of the cash at the bottom and almost no cash at the top of the market.
For each position, hold the position.
Positions held: Asst.
The cost of cash occurs when a mutual fund holds a cash position instead of being fully invested in the market.
In 1998, for example, FPA Capital held a 33percentt cash position and trailed the S.&P.
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