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To: NOW who wrote (4254)	4/13/2004 1:48:07 PM
From: yard_man	Respond to of 116555

don't know --

To: NOW who wrote (4254)	4/13/2004 1:59:10 PM
From: Knighty Tin	Respond to of 116555

too, It doesn't matter. The funds are each a separate co. with a separate board of directors. If the mgt. co. goes under, the board simply hires a new set of managers. I worked at a firm that picked up mutual fund assets that way. When Equity Funding went under and then when Shareholders Group went under, American Capital picked up their mutual funds to manage and fund shareholders did no better or worse than the holdings in the funds. So, Equity Funding went belly up and folks did some jail time, but the fund shareholders were whole the entire time.