Ken Heebner’s CGM Focus is Underperforming

By on June 2, 2009

As of May 29th, Ken Heebner’s CGM Focus fund was down 3.4%, versus a 1.8% gain for the S&P 500. It isn’t unusual for a star manager to post stellar returns and once big money starts to flow into the fund, the well runs dry. Time will tell if Heebner can avoid the fate of former money management celebrities Garrett Van Wagoner and Bill Miller.



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