Three of the top 10 spots for chronic underperformers belong to AIM:
- AIM Charter Fund at sixth,
- AIM Weingarten Fund at seventh, and
- AIM Blue Chip Fund in the tenth spot
The list is ranked by asset size.
Of the 387 funds on the Lemon List, there are nine AIM funds representing $22.7 billion in assets. The complete list represents $213 billion in assets.
Other than the AIM funds, the list includes three Vanguard funds totaling $15.8 billion, 11 American Express funds totaling $15.2 billion, and five Putnam funds totaling $14.5 billion.
To get on the Lemon List, the funds must underperform their benchmarks by 25% for the last 12 months, and also underperform over a three-year and a five-year time horizon.
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