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 |
|
Wednesday, January 2, 2013 Two Tax-Free Funds Bite the Dust HSBC Funds is liquidating two money market funds. According to an SEC filing, the firm will liquidate by January 31 the HSBC New York Tax-Free Money Market Fund and the HSBC Tax-Free Money Market Fund. On the company website, the New York fund is listed as having just over $312 million of assets as of November 30, 2012, while the Tax-Free money fund had $109 million. HSBC still manages three other money market funds. Printed from: MFWire.com/story.asp?s=42541 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |