Characteristics of Mutual Fund Investors, 2011
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For example, SLAT Prime Obligation Fund disclosed a variety of asset purchases occurring in the year
ended June 30, 2009, but did not disclose transaction dates. Second, even if the date of the support was
disclosed, in many cases that date represented when the sponsor chose to provide direct support, but the
direct support may have been preceded by indirect support such as guarantees that were important in
stabilizing the NAV, reassuring investors and preventing runs. Finally, for some funds, AUM data were
not available daily or even monthly for the periods reviewed, and thus a perfect match could...
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Characteristics of Mutual Fund Investors, 2011
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Characteristics of Mutual Fund Investors, 2011
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