The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Federated's Blue-Light Special Results Not Rated 3.0 Email Routing List Email & Route  Print Print
Friday, March 24, 2000

Federated's Blue-Light Special Results

Reported by Jason Shank

Federated Investors announced on March 1 that it would waive the loads on all A shares sold for four of its funds -- Federated Aggressive Growth Fund (AGFAX), Federated Communications Technology Fund (FCTAX), Federated Large Cap Growth Fund (FLGAX), and Federated International Small Company Fund (ISCAX).

Related Links
 Federated Investors
On InvestmentWires
 Federated s Winter Blow-Out Sale
Feb 29 2000
 Federated Moves Into Germany
Jan 26 2000
 UAM Sells InvestLink
Jan 24 2000
 Federated Hires U.S. Equity Head
Oct 11 1999
Th president of Federated's retail division, James Getz, said today that sales of the four funds had increased by almost 100 during the sales period, which closed at the end of business today. The purpose of the offering, according to a company spokesperson, was to introduce the four growth funds, a style which Federated has not traditionally been known for, to its brokers' clients..

Compared to February gross sales for A shares, Federated Aggressive Growth Fund had a 250 percent increase in sales. Federated Communications Technology Fund sales increased by 175 percent, while sales for Federated International Small Company Fund and Federated Large Cap Growth Fund increased by 50 percent and 225 percent, respectively.

Brokers selling the funds during this period were incented by a 2% sales charge for the shares sold. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use