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Rating:Another Money Fund Waives Fees Not Rated 4.0 Email Routing List Email & Route  Print Print
Monday, January 26, 2009

Another Money Fund Waives Fees

Reported by Neil Anderson, Managing Editor

It looks like another money market fund just cut its fees, though its unclear how much. A company spokesman confirmed that Charles Schwab started waiving fees on Friday in the U.S. Treasury Money Market Fund.

The spokesman did not specify the size of the cut.

Schwab closed the fund to new investors on December 22. 

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