SCUDDER ADDS TWO FUNDS TO ITS LINE-UP
By Adnews Staff
Toronto-based Scudder Canada launched two new funds last week called the Scudder Canadian Bond fund and the Scudder Canadian Money Market Fund. The Bond Fund is designed for investors who want income from investments in mid- to long-term Canadian government and corporate bonds. It carries a management fee of .85%. The Money Market Fund will not charge any fees until after the 1998 RRSP season. Investors will be able to access their money at any time without penalty. National print advertising in The Globe & Mail and The Financial Post support the new funds. The campaign was created by Saatchi & Saatchi Advertising of Toronto. Lute & Company of Toronto is doing PR. Scudder has nine no-load mutual funds.
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