How do I find if a Mutual Fund is closed for new investors or no in say, MSN Money or Yahoo Finance?
How do I find if a Mutual Fund is closed for new investors or no in say, MSN Money or Yahoo Finance when i search with the fund Symbol? for example, IEGCX or CWGIX?? How do i find out which fund is closed for new investors and which is open for new investors?
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- The information is usually easy to find on fund information sites. Morningstar, www.morningstar.com, has this information and the part you need is free and well organized.
- Go to MSN.com Type in your fund symbol Click on Purchase info Click on Fund home page Go to mutual funds Type in fund symbol This will tell you if its open to new investors or closed. For example, if you go thru the above steps with FCNTX as your symbol, you'll see bright red letters that the fund is closed to new investors. ///
- My suggestion is to use http://www.morningstar.com This is the most complete and well organized financial website out there. Not only do you have the famous analysis, but also many tools that will help you make an informed decision about your investment To find if a fund is closed or open. Put in the ticker at the top left of the page. When the fund loads look at the white box to the right of the "star rank" and "style boxes" you should see either a min. investment amount or a "CLOSED" tag. Hope this information helps. Just PM me if you have any additional questions.
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