While some mutual fund managers believe market timers frequently run amok, one group of registered investment advisors who call themselves timers are willingly setting their own limits on moving assets in and out of mutual funds.

At an April 28th board meeting, members of the Society of Asset Allocators and Fund Timers voted to impose a two-year-old set of practice guidelines on new members who join the group. All new firms seeking membership will have to read and initial the guidelines.

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