Should You Buy BBH Core Select Before It Closes?

This Kiplinger 25 fund will soon shut its doors to new investors. Before it does, consider taking a starter stake.

At their worst, pre-announced closings of mutual funds can take on the odor of going-out-of-business sales at rug merchants. I don't think that's the case, however, with BBH Core Select (symbol BBTEX), which plans to close to new investors after assets reach $3.5 billion, $200 million more than the fund currently holds.

KIPLINGER 25: Our 25 Favorite No-Load Mutual Funds

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Steven Goldberg
Contributing Columnist,
Steve has been writing for Kiplinger's for more than 25 years. As an associate editor and then senior associate editor, he covered mutual funds for Kiplinger's Personal Finance magazine from 1994-2006. He also authored a book, But Which Mutual Funds? In 2006 he joined with Jerry Tweddell, one of his best sources on investing, to form Tweddell Goldberg Investment Management to manage money for individual investors. Steve continues to write a regular column for and enjoys hearing investing questions from readers. You can contact Steve at 301.650.6567 or