Word: funds
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Dates: during 1990-1999
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...Having trouble finding the perfect wedding gift? You can now do one-click shopping at www.dellajames.com the largest online registry site. Super-retailers, such as Gump's, as well as smaller specialty shops share lists, and the happy couple can post personal Web pages. Also, insurers like Fireman's Fund offer coverage for families that fear a wedding-day disaster. But not for a change of heart...
...FUND FLEE With investors taking financial matters into their own hands, how can a mutual fund keep them from deserting? An increasingly popular tactic, according to Financial Research Corp., is to slap them with a fee for making an early exit. More than 300 stock funds now impose a redemption fee, with most levying a 1% to 2% penalty, for bailing within the first three-to-six months. Invesco just instituted a fee on nine funds. Direct-marketed, no-load funds most often use the fees, but Janus and Strong have largely resisted the trend...
...Both the San Diego Zoo, which has a pair of pandas on loan, and Zoo Atlanta, which has been promised a pair, have pledged the going giant-panda price tag: $1 million a year. But the National Zoo, where admission is free, doesn't have such deep pockets. Its fund-raisers have pledged $2.5 million over the next 10 years, plus help in conducting a panda census in China and developing a satellite monitoring system...
...define. The new money, he said, would first be used to save Social Security by permitting Social Security taxes to be allocated "for Social Security, period," rather than being needed to help balance the budget. The surplus, said the President, would next be used to strengthen Medicare and to fund his prescription drug benefit plan, details of which leaked out over the weekend before the official announcement on Tuesday. And lastly -- in a signal to both Republicans and Democrats to come to the Social Security and Medicare negotiating table -- the President said extra money could be used to fund some...
...staff informed me that those of you who in recent years have been paying Harvard tuition or have contributed to the endowment fund, must by now have little left to invest," he quipped...