Bernie Madoff – YouTube – Fraud Bernie Madoff Pushed by Photographer
Bernard Madoff- Other ETF and Mutual fund- Are we safe?
My question is on the so many mutual funds and so many ETFs in the market.
Q1 Are they safe from fraud like that of Bernard Madoff? I personally don't thing that SIPC covers the situation like Bernard Madoff?
Q2. The mutual fund value- does it truly reflect the underlying assets? Or some companies may be initially pumping them up.
Q3. There are companies they offer 100+ mutual funds, are not they manipulating the price of under performing mutual fund with good performing mutual fund? _ any example from history.
Q4. What will happen to VFINX if Vanguard goes bust?
FSMKX – What if Fidelity goes bust?
DODGX – What if Dodge and Cox goes bust?
This question Q4 can be applied to ETF and ETN like SPY, QQQQ, DIA, EFA, EEM, OIL, GLD, VNQ, MDY, XLF, USO, IWM, IIF, IFN, RWR, PSP,
Thanks
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