MutualFundWire.com: Portland Fund Firm Intros No-Fee IRA
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Wednesday, March 16, 2005

Portland Fund Firm Intros No-Fee IRA


Portland, Oregon-based IMS Capital Management, the advisor to the IMS Family of Funds, is introducing a no fee IRA.

Although the IMS Capital previously offered an IRA for a $15 custodial fee, IMS will pay for customers' no-fee IRA custodial costs. The IRA is available for investors with at least $2,000, and will likely increase to $5,000 by the end of the year.

Spokeswoman Kathleen Griffin did not immediately return a call seeking comment.

IMS Capital manages $165 million in mutual fund assets.


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