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Observers claim to see through OpenFund’s `transparency’ bid

InvestmentNews

Don Luskin, co-founder of San Francisco-based MetaMarkets.com Inc., is either a huckster or on the cutting edge of a trend in mutual funds.

Take your pick.

Whatever the case, his decision to post all the holdings of MetaMarket's five-month-old flagship OpenFund in real time on its website is unprecedented in an industry that tends to play its cards pretty close to the vest.

Adviser Richard Bregman of MJB Asset Management in New York l

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