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Colonial First State calls it quits.

Discussion in 'The Economy' started by Johny_come_lately, 17th Feb, 2010.

  1. Johny_come_lately

    Johny_come_lately Well-Known Member

    Joined:
    1st Jul, 2009
    Posts:
    703
    Location:
    SE Queensland
    Colonial First State is quitting its frozen mortgage fund. The $850 million fund was frozen last year after runs caused by government guarantees. The CFS Mortgage Income Fund will be wound down over the next four years.



    J.