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Mutual Fund Cash reserves


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#1 ChgoBob

ChgoBob

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Posted 12 March 2004 - 02:44 PM

Thursday on an afternoon financial radio show I heard a guest say that Mutual Fund managers are sitting on a ton of cash from 401's and other retirement plans. He intimated that the "correction" was very welcome to them, if not created by them (or I took it that way) so that they could invest the money for end of quarter totals. Other than looking up every fund, is there a site that might monitor this kind of data? Thanks, Bob