The Decade's 10 Worst Fund Disasters

By SHARE

The Chicken Little Growth Fund

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Despite its charge to put together a portfolio for investors who were afraid of the market, this absurdly named fund made big bets on a small group of stocks. After just 16 months, the sky came crashing down on the fund amid terrible performance and allegations that manager Stephen Coleman had defrauded investors. Missouri Secretary of State Robin Carnahan’s office eventually fined Coleman $38,000.
 

Next: Congressional inaction


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