SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Americans 4 "No Own - No Sell"
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Moominoid who wrote (186)10/2/2001 10:05:28 AM
From: dvdw©  Read Replies (3) of 455
 
Isnt that just great, J6P buys Mutual fund with the idea the fund will make them money on the long side. Then the MF begins leasing their holdings to sell side, and what happens? The stocks loaned begin going down. The MF has effectively went against their own customers interests. Anyone thinking that the rental rate for the loan of shares is acceptable to the folks who put their money in that fund is dead wrong. If the public knew what was up, they would abandon these funds enmasse.

Many Mutual fund complexes, register holding in a parent companies name, hence when the time to go SHORT is at hand, it's the parent company who makes the profits from the short side. The Net effect is that this churns the customers, wiping out their investments while the parent takes the money.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News