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Top Small-Cap Quant Fund Takes A Scientific Approach
01/22/2007 From M* Numeric Investors decided to get out of the mutual fund business. On Feb. 23, it will liquidate all of its retail mutual funds. Numeric is closing the funds because they compose only 3.5% of its business (about $450 million out of $13 billion), and three of the four funds are closed to new investors, This is a surprise and a real disappointment because the advisor runs some excellent quantitative funds, it has shown itself to be a shareholder-friendly shop, and many of these fund's strongest peers are closed. http://www.morningstar.com/advisor/t/42991190/fund-times-numeric-funds-to-liquidate.htm N/I Numeric Investors Small Cap Value NISVX (not valid )
Comments
01/22/2007 From M*
Numeric Investors decided to get out of the mutual fund business. On Feb. 23, it will liquidate all of its retail mutual funds. Numeric is closing the funds because they compose only 3.5% of its business (about $450 million out of $13 billion), and three of the four funds are closed to new investors,
This is a surprise and a real disappointment because the advisor runs some excellent quantitative funds, it has shown itself to be a shareholder-friendly shop, and many of these fund's strongest peers are closed.
http://www.morningstar.com/advisor/t/42991190/fund-times-numeric-funds-to-liquidate.htm
N/I Numeric Investors Small Cap Value
NISVX (not valid )
Also: https://sec.gov/Archives/edgar/data/809593/000113322816011586/e446873_485apos.htm