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The bride's father is also the portfolio manager of the Eaton Vance Worldwide Health Sciences Fund, a mutual fund based in Boston.
John Dorfman, manager of the Dorfman Value Fund, a mutual fund based in Boston, said he thought a bottom was near.
An investor who in the spring of 2000 put $100,000 into a mutual fund based on the Standard & Poor's 500-stock index would now have only about $60,000 left in the account.
Futures trades by Waddell & Reed, a conservative 70-year-old mutual fund based in Overland Park, Kan., have been linked to the plunge, during which the Dow dropped hundreds of points in a matter of minutes.
Investors then panicked when Parmalat admitted that it had been unable to release almost €500m trapped in a mutual fund based in the Cayman Islands.That was when Mr Bondi arrived.
But just as we would never rate a mutual fund based on one year's performance, the same caveat should apply to ballplayers.
Similar(49)
Mutual funds only trade at the end of the day because you trade mutual funds based on their net asset value (NAV).
Some mutual funds allowed favored customers to trade mutual funds based on stale prices.
New mutual funds based on worldwide sectors are popping up all over.
Large mutual funds based on the index now need to buy shares of Game- Stop's stock, he said.
Behavioral economists like Richard H. Thaler of the University of Chicago have set up mutual funds based on their insights into market psychology.
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