Re: Evaluating Managed Funds
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The only reason to do this would be to let someone else decide when to pull the plug on your favoured stock (i.e. they own it currently so hopefully they'll sell it when it's no longer attractive, and thus, so will you).
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On a walk with AdamL tonight, he pointed out that this may not be a wise idea, since mutual funds have a harder time getting rid of a position than a regular investor.
Also, it came up that mutual funds (this may be wrong) require cash holdings in order to maintain liquidity for sellers of the fund. This is a cost in addition to the MER that you have to take into consideration.
--Dave.
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