MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, November 16, 2004 Schwab Adds Funds for the Tax Savvy Charles Schwab has added two new funds to its short-term lineup. The Tax-Free YieldPlus Fund and the California Tax-Free YieldPlus Funds will invest at least 80 percent of holdings in municipal securities or municipal securities issued from California, respectively. "For the tax-aware investor, the Schwab Tax-Free YieldPlus and California Tax-Free YieldPlus funds provide an opportunity to bridge the gap between existing money market and longer-duration tax-free funds," stated Evelyn Dilsaver, president and CEO of Charles Schwab Investment Management (CSIM). CSIM managers Kim Daifotis and Joanne Larkin will co-manage the fund. Printed from: MFWire.com/story.asp?s=8461 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |