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What happened to IRNIX yesterday?!!!

CathyGCathyG
edited June 2013 in Fund Discussions
.85% DROP in VG market day (no distributions)! I've been checking historical prices for this and, so far, cannot find a SINGLE day with this large a drop.

IRNIX has been one of the few funds that actually gained a little during down days, but does anyone here know why this size drop yesterday?

P.S. Though I don't place much stock in MaxFunds, it is interesting to check their ratings of my funds. They gave IRNIX a 1! (Worst rating out of 100). But Lipper, up/down years, Best/Worst 3 months and 1 Yr all generally good.

Cathy

Comments

  • scott
    Not sure why; a check of a few of the fund-o-fund's other holdings doesn't reveal any large moves (although I didn't view all of them) and no dividend.
  • CathyGCathyG
    Reply to @scott: Thanks so much for taking the time to check a few of these, Scott! I'm a little muzzed tonight so I should have thought to just check some of their holdings myself.
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