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Rating:DAC Delivers Two New Fund Families Not Rated 3.0 Email Routing List Email & Route  Print Print
Wednesday, July 21, 1999

DAC Delivers Two New Fund Families

Reported by Jason Shank

Daily Access Concepts Inc. (DAC), a straight-through processing provider, has added Alliance Capital and Goldman Sachs funds to its Access K platform.

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  • Daily Access Concepts
  • These two fund families join eight other families currently offered through DAC's 401(k) products. Among those funds already offered are: Fidelity Advisory Funds, Kemper Funds, and Oppenheimer funds.

    "Alliance Capital and Goldman Sachs funds were selected because they offer excellent investment choices for plan participants," said Stephen Schardin, executive vice president at DAC. "The addition of these funds enhances the choices brokers can offer plan sponsors, and further, the options plan sponsors can offer their participants."

    The funds will be marketed through DAC's alliance marketing network of more than 30,000 brokers nationwide. Schardin would not comment on the number of sponsors who use the company's services.

    "We are always looking to enhance Access K, but there are no plans in the works to add additional families at this time," Schardin said. 

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