MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, October 12, 2010 USAA Preps to Launch a Pair of Funds USAA Investment Management Company [see profile] is about to add a pair of products to its mutual fund lineup. The San Antonio, Texas-based firm is getting ready to launch the USAA Real Return Fund and USAA Ultra Short-Term Bond Fund on October 23. The Real Return Fund comes with an expense ratio of 85 basis points and the Ultra Short-Term Fund has an expense ratio of 65 bps. [SEC filing] USAA, whose funds are open to the public and not limited to USAA members, currently offers 46 mutual funds. As of August, it had $45 billion of mutual fund AUM, said Daniel McNamara, president of USAA Investment Management Company. Printed from: MFWire.com/story.asp?s=33699 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |