May 11, 1994
TO: BOARD OF GOVERNORS NO. 39-94
RE: FREQUENTLY OVERLOOKED FACTS ABOUT MUTUAL FUNDS
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As was requested during the May 4 meeting of the Board, we are providing you with this recently updated
version of our paper on mutual fund myths and realities.
Any questions about specific points in the paper should be addressed to Erick Kanter at 202/326-5860.