USAA Investment Management Company
] is about to add a pair of products to its mutual fund lineup. The San Antonio, Texas-based firm is getting ready to launch the USAA Real Return Fund
and USAA Ultra Short-Term
on October 23.
The Real Return Fund comes with an expense ratio of 85 basis points and the Ultra Short-Term Fund has an expense ratio of 65 bps. [SEC filing
USAA, whose funds are open to the public and not limited to USAA members, currently offers 46 mutual funds. As of August, it had $45 billion of mutual fund AUM, said Daniel McNamara
, president of USAA Investment Management Company.
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