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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Is it time to eliminate private placements from mutual funds? - John Rekenthaler

"The vagaries of private-placement pricing also harms fund shareholders even when all parties act in good faith."

See: John Rekenthaler
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