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Funds that bought in to Valeant – and lost Add to ...

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The remarkable collapse of the shares of Valeant Pharmaceuticals International Inc. didn’t just harm investors who chose to buy directly into the stock. Because of its brief honour of being the most valuable company in the S&P/TSX 60, Valeant shares found their way into dozens of Canadian mutual and exchange-traded funds, in many cases taking up an ample proportion of the portfolio.

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