Posted on 21/06/04
Select few reap unfair gain
What they don't tell you about timed tradingMutual fund firms tell investors to "buy and hold." But under the watchful eye of fund managers, sophisticated market professionals have been given free reing to zip in and out of some of Canada's biggest funds, carefully timing their trades and scooping up hundreds of millions of dollars in quick profits - money that belongs to the funds' long-term investors.
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