MutualFundWire.com: Will a Rydex-Merrill Combo Result in a High IQ?
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Tuesday, August 3, 2004

Will a Rydex-Merrill Combo Result in a High IQ?


Merrill Lynch chose Rydex Investments as manager for a new closed-end fund called the IQ Rising Rate fund, Reuters reported on Tuesday.

The closed-end bond fund will seek to appreciate as interest rates increase.

Reuters reported that Merrill Lynch "reached out" to Rydex, said Mike Byrum, director of investments for Rydex.


Printed from: MFWire.com/story.asp?s=7747

Copyright 2004, InvestmentWires, Inc.
All Rights Reserved
Back to Top