Closed Funds Don't Need 'Fresh Cash' to Feed Returns

Also, defending brokers, navigating the securities arbitration process and more.

A compilation of this week's Dear Dagen and Fixed-Income Forum columns.





Lack of Cash Won't Starve a Closed Fund By Dagen McDowell If a fund underperforms after closing to new investment, it's probably not because it lacks 'fresh cash.' More




In Defense of Brokers By Dagen McDowell Also from this week's mailbag, Ralph Wanger explains the closing of two of his Acorn funds. More




Navigating the Securities Industry's Arbitration Process By Dagen McDowell It's quicker than the courts in resolving disputes, but it's not cost-effective unless you have a large claim. More




Why Is My High-Yield Fund Sucking Wind? By Elizabeth Roy Also, a friendly rant on the difference between bonds and cash. More