shadow

Little movement among the biggest funds

The largest mutual funds continue to stumble along this year. Returns for many of these funds, which mostly invest in large-cap stocks, hovered around 1 percent in the third quarter. And the Vanguard 500, which is based on stocks in the Standard & Poor's 500 Index, continues to swim in negative waters. Yet it remains the largest mutual fund, with more than $110 billion in assets as of Aug. 31.

(c) Copyright 2000. The Christian Science Publishing Society

of 5 stories this month > Get unlimited stories
You've read 5 of 5 free stories

Only $1 for your first month.

Get unlimited Monitor journalism.