Ameritor Mutual Funds: The Dead Man Funds Case Solution

The Ameritor family of mutual funds has been called the “Fund dead man” because of his poor performance and the assumption that those who kept their money in the fund had no choice, that is, that they were dead. Created in 1950, the funds boasted $ 200 million in assets under management in 1970. But those numbers quickly fell to almost nothing in the late 1980s. In 1989 Morningstar Inc. told investors, “We urge you to cut your losses and leave.” expense ratios soared above 40 percent per year, many complaints have been filed by the SEC, and the turnover of 400 percent in some years. In 2010, mutual funds were either liquidated or stopped working. case study of the disappearance of funds, emphasizing the initial release of funds and investors who have chosen not withdraw their capital.
by
Jonathan Berk,
Debra Schifrin
Source: Stanford Graduate School of Business
14 pages.
Release Date: October 3, 2011. Prod #: F276-PDF-ENG
Ameritor Mutual Funds: The Case of solutions “Dead Man Fund”

Ameritor Mutual Funds: The Dead Man Funds Case Solution
Share This