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What Abercrombie & Fitch's CEO Retirement Means for Mutual Fund Investors (ANF)

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Abercrombie & Fitch announced the immediate retirement of its CEO on Tuesday morning – here’s what the news means for mutual fund investors.

Inside the News

On Tuesday morning, Abercrombie & Fitch (ANF) announced that its CEO Mike Jeffries will be retiring immediately. Jeffries has seen pressured over the company losing appeal to its teenage target market. He was also removed from his chairman role earlier this year.

Following the news, the stock rallied over 6% on Tuesday morning.

Mutual Funds to Watch

For investors seeking exposure to the company, there are several mutual funds that have large stakes in the company. Below are the funds that currently have the largest holdings of ANF.

The Bottom Line

The funds above each own significant stakes in ANF. Investors interested in ANF may also be interested in American Eagle (AEO), The Buckle (BKE) and The Gap (GPS).

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Why 30 trillion is invested in mutual funds book

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Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

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Find out why $30 trillon is invested in mutual funds.


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Abercrombie & Fitch store

What Abercrombie & Fitch's CEO Retirement Means for Mutual Fund Investors (ANF)

Abercrombie & Fitch announced the immediate retirement of its CEO on Tuesday morning – here’s what the news means for mutual fund investors.

Inside the News

On Tuesday morning, Abercrombie & Fitch (ANF) announced that its CEO Mike Jeffries will be retiring immediately. Jeffries has seen pressured over the company losing appeal to its teenage target market. He was also removed from his chairman role earlier this year.

Following the news, the stock rallied over 6% on Tuesday morning.

Mutual Funds to Watch

For investors seeking exposure to the company, there are several mutual funds that have large stakes in the company. Below are the funds that currently have the largest holdings of ANF.

The Bottom Line

The funds above each own significant stakes in ANF. Investors interested in ANF may also be interested in American Eagle (AEO), The Buckle (BKE) and The Gap (GPS).

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next