MERFX quote
15.45up +0.01 +0.06%
Previous Close15.44CategoryLong-Short
Net Assets1.91 BilDividend Yield1.96%
Morningstar ratings:Minimum Initial Purchase2,000
RiskBelow Average1 Year Return4.90%
RatingRating: 4 out of 53 Year Return3.25%
ReturnAbove Average5 Year Return4.37%
Cumulative growth of a $10,000 investment
10k growth chart
20042005200620072008YTD
Growth2.72%3.54%14.91%18.31%15.65%23.26%
Value$10,272$10,354$11,491$11,831$11,565$12,326
Last NAV update 11/25/2009 8:00 PM ET   Financial data in U.S. dollars

Your latest quotes:  $INX, QLD, MERFX, FFH, SEB, WHGLX

Overview
The investment seeks capital growth. The fund normally invests at least 80% of assets in the equity securities of companies which are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Merger arbitrage is a highly specialized investment approach generally designed to profit from the successful completion of such transactions. It is nondiversified.
More information for MERFX
Fees and expenses
Front load0.00%
Deferred load0.00%
Expense Ratio1.47%
Top holdings for MERFX
Company Name% Net Assets
Wyeth8.91%
Schering-Plough Corporation7.84%
Pepsi Bottling Group, Inc.5.51%
Liberty Media Corp5.47%
Sun Microsystems, Inc.5.24%
More top holdings for MERFX
Additional Fund Information
Inception date01/31/1989
ManagerMichael Shannon
Manager start date01/24/2007
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