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 |
|
Monday, April 15, 2002 Fund Drops Redemption Fee to Woo Advisors American Century is wooing advisors by dropping the redemption gee on its Tax-Managed Value Fund. The fee had been levied against shares redeemed less than one year from purchase. The fund firm said that it dropped the fee last month. "Removing the redemption fee creates a more intermediary-friendly product," said Brian Jeter, senior vice president, Third Party Marketing for American Century. "It gives investment professionals more flexibility to offer the Tax-Managed Value Fund when developing financial plans." Printed from: MFWire.com/story.asp?s=2326 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |