Mutual Fund Incubation and the Role of the Securities and Exchange Commission

A mutual fund family incubates a fund when it creates a privately subsidized fund not available to the general investing public. It destroys unsuccessful incubator funds. The few successful funds will report higher incubation returns than the market return in advertisements intended to attract money...

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Bibliographic Details
Authors: Ackermann, Carl (Author) ; Loughran, Tim (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2007
In: Journal of business ethics
Year: 2007, Volume: 70, Issue: 1, Pages: 33-37
Further subjects:B Securities and Exchange Commission
B incubation
B mutual funds
Online Access: Volltext (JSTOR)
Volltext (lizenzpflichtig)

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