From the January 2007 issue of Research Magazine • Subscribe!

January 1, 2007

In Brief

Vanguard says that shares of the High Dividend Yield Index Fund (VHDYX) can now be bought by individual investors, institutions and financial advisors.

In a separate move, Vanguard has re-opened the Strategic Equity Fund and increased the fund's minimum initial investment to $10,000. In addition, the $25,000 annual investment limit on Vanguard Windsor II and Wellington Funds has been removed.

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The John Hancock Greater China Opportunities Fund (JCOAX) has surpassed $100 million in assets under management, according to the company. Launched in June 2005, the fund is sub-advised by MFC Global Investment Management and led by Hong Kong-based senior portfolio manager Pauline Dan.

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The John Hancock Greater DWS Scudder has hired Richard David Jameison Jr. and Jason P. Caruso from Fidelity Investments and Franklin Templeton Investments, respectively. Both have been top-producing wholesalers. According to Strategic Insight, DWS Scudder had some $64 billion in long-term fund assets under management as of September 2006, making it one of the nation's largest 25 long-term fund asset managers.

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