Saturday, March 28, 2015
Current Weather
Loading Current Weather....
Published: Tuesday, 7/1/2003

Toledo's Harbor to liquidate a fund

Toledo-based Harbor Fund said yesterday its Harbor Global Equity Fund will liquidate at the close of business July 31. Harbor said shareholders may exchange their shares for other Harbor mutual funds before the closing date or redeem shares.

The fund, which began in early 2001 and had assets of $4.1 million at the end of May, did not attract enough investment, David Van Hooser, chief executive officer of Harbor Capital Advisors Inc., Toledo-based Harbor Fund in a statement. Harbor, with total assets of $12.5 billion, has 13 mutual funds, including the one it plans to close.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.