How Does The Chrysler Bankruptcy Impact Your Mutual Fund?
What impact does the Chrysler bankruptcy have on regular investors who hold bond funds? Most likely little to none, it turns out. Consumer Reports points out that most mutual funds have been avoiding Chrylser, GM, and Ford debt for years now—and if your fund does include Chrysler, it’s probably a tiny portion of your overall investment.
“Chrysler’s bankrupt. What’s the impact on your bond fund?” [ConsumerReports]
(Photo: dok1)
Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.