Growth In 130/30 Funds Set To Explode

Move over mutual funds, here come 130/30 plans. According to a study just released by TABB Group, growth in actively-managed U.S. equity mutual funds will remain flat at 3%, while assets in active-extension funds such as 120/20 or 130/30 vehicles will explode from $140 billion in 2007 to nearly $2 trillion by 2010, a 141% annual increase.