Investment Advisors of Culver City, Calif. is shutting the doors of its tiny online S&P 500 mutual fund and liquidating the proceeds after only four months.

The online S&P 500 index fund was to close on April 7, according to a prospectus amendment the fund group filed with the SEC on March 27. The fund also expected to fully liquidate any remaining holdings that day.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.