Why should the same not be true among mutual fund companies?
Over all, mutual fund companies are having one of their best years ever.
According to the institute, 98 percent of all mutual fund companies are members.
Most mutual fund companies do not expect that to happen.
See the mutual fund companies in Canada page for more information.
Other mutual companies may own some of another company's stock, but as simply an asset, not something they actually control.
Few, if any, other mutual fund companies can match that ability.
At the time, it was the highest price ever paid for a mutual fund company.
The action of mutual fund companies will be closely watched today.
But there is good reason for mutual fund companies to be fearful.
