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Rating:Riggs Adds Four Funds Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, January 10, 2000

Riggs Adds Four Funds

Reported by Paul Braverman

In a move that nearly doubles its number of available funds, Washington, D.C.-based Riggs Bank added four new funds to its existing family, on December 20.

The new funds include one large-cap growth fund and three bond funds, one focusing on current income, an intermediate tax-free bond fund and a long-term tax-free bond fund.

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Introduced in 1991, the Riggs Funds family now consists of three stock funds, four bond funds, and two money market funds, with current total assets of $1.3 billion.

Riggs Bank is the advisor for each fund. Riggs Investment Management, a subsidiary of Riggs Bank, and J. Bush & Co. are sub-advisors. Federated Investors of Pittsburgh administrates and distributes through its subsidiaries. 

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