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State Farm to Offer 10 Mutual Funds

March 17, 2001|Liz Pulliam Weston

State Farm is joining the ranks of insurers offering mutual funds--just as the mutual fund industry is suffering from a plunging stock market and rising redemptions.

The company is offering six stock funds, a balanced fund, two bond funds and a money market fund. State Farm said it added the funds to meet customer demand for more financial services.

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