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Thursday, August 21, 2003
Schwab Awards Fund Accounting Contract
SchwabFunds has renewed its contract with SEI Investments Company. The deal covers both fund accounting and fund administration for equity funds sponsored by both SchwabFunds and Charles Schwab Investment Management.
It will also cover two new equity funds -- The Schwab Small-Cap Equity Fund and the Schwab Dividend Equity Fund, according to Steve Meyer, head of SEI's Investment Managers Market.
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