The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Vantagepoint IRA Broadens Horizons Not Rated 3.0 Email Routing List Email & Route  Print Print
Thursday, March 16, 2006

Vantagepoint IRA Broadens Horizons

by: Marie Glancy

ICMA-RC announced Wednesday that it has substantially enhanced its no-fee Vantagepoint IRA, bulking up the vehicle's platform with offerings from several top mutual fund companies.

ICMA-RC -- an independent, non-profit organization based in Washington, D.C. -- is the leading provider of retirement plans to the public sector. As of February 28, 2006, it administered more than $25 billion in retirement plan assets for over 700,000 public sector participants.

As a service to investors, said a press release, ICMA-RC has added twenty-one new fund options from 11 mutual fund families. Among the providers of these new funds: T. Rowe Price, Fidelity Investments, and PIMCO.

Previously, ICMA-RC had offered only eight funds outside its own twenty-seven Vantagepoint Funds, so this announcement signals a considerable expansion. Between Vantagepoint and other funds, Investors in a Vantagepoint IRA may now choose from a roster of 56 funds.

ICMA-RC recently eliminated IRA fees in a bid to strengthen appeal among public sector workers. Another aspect of this effort has been the introduction of target-based funds to the Vantagepoint Funds array.


Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use