Ultra-short bond funds that are well managed outrun pack

Courtesy USATODAY.com Money - Waggoner  Thu, 06/26/2008 - 17:23

To put the best possible light on what is a catastrophe for some investors, the past six months have shown us which ultra-short bond funds have decent management, and which ones should be shipped off to Palookaville.

And for all investors, especially for those with a morbid interest in how good ideas go bad, the story of ultra-short bond funds provides a useful lesson.

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