Dodge & Cox Funds took preventative measures this week to reassure shareholders that rapid growth in its funds would not compromise the firm's investment performance, Reuters reports. A new message posted Monday on the firms Web site clearly states that the portfolio managers are capable of handling larger asset bases. The posting also conveys that the firm's two largest funds will remain closed to new investors and that the firm is considering new product launches. The firm's flagship investment, formally known as Dodge & Cox Stock Fund, now boasts $36.6 billion with an 11.5% 5-year annual return. Dodge & Cox soaked up $15.5 billion of new assets in 2003, a banner year that raised its total assets under management to $49 billion by December. The mutual fund provider's assets under management continued to balloon to $61.3 billion by July, an increase of $12.3 billion.
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