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Do 401K funds invest in IPO's on day 1 or normally have a waiting period?
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The author asks whether 401K funds invest in IPOs on day one or have a waiting period due to volatility.
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Do funds like Fidelity, Scwab, Vanguard etc ususual invest in IPO's on day 1 or is there a waiting period. You wood think there is some regulation regarding retirement funds and IPO's due to volatility.
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