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Monday, April 10, 2000 E*Trade Launches New Fund E*TRADE Group is launching the Premier Money Market Fund, which seeks to provide higher yields through a lower expense ratio for investors seeking a high level of income, capital preservation and liquidity. The fund, the first proprietary E*TRADE money market fund, was available beginning April 7.
The fund has no load, no transaction fee, and no 12b-1 fee, along with 100% online shareholder reporting. The fund's expense ratio will be 0.42%. E*TRADE Asset Management will serve as the investment advisor for the new fund. Printed from: MFWire.com/story.asp?s=25430 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |