
February 28th, 2005, 11:00 AM
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Utility Bot
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Join Date: Feb 2005
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Understanding "Window Dressing" (The Motley Fool)
The Motley Fool - Window dressing is an arguably shady practice employed by many mutual fund managers. Mutual fund managers typically report to the public on their funds' holdings once per quarter. Managers want to look savvy to impress their existing shareholders and attract new shareholders. Therefore, they'll sometimes sell lackluster investments they've held for a while and buy recent stellar performers -- just so the fund's holdings on the day of record look good. View the Entire Article
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