Bringing you live news and features since 2006 

USAA expands mutual fund access through Fidelity


USAA Investment Management Company, which manages more than USD47.3 billion in mutual fund assets and USD8.2 billion in managed accounts as of 31 December, 2010, is to provide expanded access to 18 USAA equity and fixed-income mutual funds through Fidelity Investment’s online platform.

The 18 funds include fixed-income funds, and the USAA Precious Metals and Minerals Fund (USAGX), the No1-performing mutual fund over the 10-year period ended 31 December, 2010, according to Lipper.

“Investors want easier access to our mutual funds, and our strategy is to give them that access through leading online platforms such as Fidelity,” says Dan McNamara, president of USAA Investment Management Company. “We’re excited about joining the Fidelity network for individual investors and retirement plan sponsors, and look forward to expanding through additional platforms in the near future.”

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by