AMEX Announces Eight New Mutual Funds

March 4, 2004 (PLANSPONSOR.com) - American Express Financial Corporation has launched eight new mutual funds.

Among the new products are six AXP Portfolio Builder Series mutual funds,a collection of six strategicassetallocation funds of mutual funds that address multiple investment needs, according to a news release.   Those funds are:

  • AXP Portfolio Builder Conservative Fund
  • AXP Portfolio Builder Moderate Conservative Fund
  • AXP Portfolio Builder Moderate Fund
  • AXP Portfolio Builder Moderate Aggressive Fund
  • AXP Portfolio Builder Aggressive Fund
  • AXP Portfolio Builder Total Equity Fund.

In addition to the AXP Portfolio Builder Series, American Express is introducing an inflation protected securities fund and a real estate fund -AXP Inflation Protected Securities Fund andAXP Real Estate Fund.

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