On Wed, 07 Jun 2000, Rob Sweeney wrote:
> * James Rogers <jamesr@best.com> [000608 00:26]:
> > Another good indicator is to look at mutual funds that have been around
> > for a really long time, where "really long time" = 100 years or so. Most
> > of these funds have a lifetime annual return rate in the 11-14% range, or
> > slightly better than most of the market indices.
>
> Are there any mutual funds with that sort of history? The oldest fund I'm
> aware of is the Massachusetts Investors Trust, which dates back to 1924.
I checked my facts and the oldest mutual funds currently operating are
something like 75-80 years old. The oldest ones I knew of started just
after the first world war.
Cheers,
-James Rogers
jamesr@best.com
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