AMF Funds
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- AMF Funds
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- Ultra Short Duration Fund (AULTX)
Overview
AMF Asset Management Fund: Investors Want Answers
Presented as a conservative, low-risk investment, the opposite was true for AMF Asset Management Fund's Ultra Short Fund. The AMF Ultra Short Fund has plummeted in value in recent months, with investors sustaining significant financial losses
News Commentary
Ultra Short Bond Funds: The End Of An Era?
Once rising stars, high-profile ultra short bonds are crashing and burning. Among the latest casualties: the AMF Ultra Short Mortgage and the AMF Ultra Short funds. Both funds join Schwab YieldPlus Fund and Evergreen Investments in the ultra short bond funds which have suffered massive losses due to toxic subprime mortgage-backed securities. Redemptions by investors have compounded the problem for many ultra short bond funds, causing bond fund managers to sell securities at steep discounts.
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