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Rating:Schwab to Launch California AMT Tax-Free Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 23, 2007

Schwab to Launch California AMT Tax-Free Fund

by: Erin Kello

Charles Schwab has filed filed with the SEC to launch the the Schwab California AMT Tax-Free Money Fund. The fund's goal is to seek the highest current income that's consistent with stability of capital and liquidity and is exempt from federal and California personal income tax. Sweep shares and value advantage shares will be offered but the sweep shares aren't currently open for investment.  

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