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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: stan_hughes who wrote (181268)7/19/2002 7:37:55 AM
From: Les H  Read Replies (2) of 436258
 
wonder if this is forcing mutual funds to buy stocks this month. cash is considered a non-conforming asset for equity mutual funds. i've noticed some mutual funds that have had high cash levels have drastically cut back to bring their asset allocation in line with the 80 percent threshold.

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