Credit Suisse Asset Management Announces Reduction of Expenses on Credit Suisse Institutional Prime Portfolio Money Market Fund; Fee Waiver Expected to Increase Yield to Fund's Shareholders.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Credit Suisse Asset Management, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control is pleased to announce that, effective February 1, 2005, it has reduced expenses on each of Credit Suisse Institutional Money Market Fund Prime Portfolio's classes of shares by 5 basis points - bringing down the expense ratio for Class A shares to 15 basis points annually.* CSAM CSAM Credit Suisse Asset Management CSAM College of Science and Mathematics CSAM California Society of Addiction Medicine (San Francisco, California) CSAM Certified Senior Account Manager expects that the yield to the Fund's shareholders will be increased by reducing the expenses on each of the Fund's classes of shares. As of February 1, 2005, the fee waiver would have placed the Fund's Class A shares in the top 15% of its peer group for both highest 7-day yield and lowest total expense ratio.** Jo Ann Corkran, head of CSAM's Short Duration Fixed Income business said, "The industry has seen substantial growth in short duration and cash assets over the years as institutional investors have sought higher yields and more sophisticated solutions to meet their growing cash balances. CSAM's clients are a diverse group of leading multinational corporations, drawn to our expertise in credit and cash management solutions." Credit Suisse Institutional Prime Portfolio Money Market Fund is available to investors with US $1 million or more by calling Bruce Barrett on 1-212-538-9058, or by visiting the CSAM website at www.csam.com/us. Separate account strategies also are available for larger mandates. *CSAM has agreed contractually to reduce each share class of Credit Suisse Institutional Money Market Fund Prime Portfolio by 5 basis points through December 31, 2005. After such time, CSAM expects the expense reduction to continue on a voluntarily basis but may reduce or discontinue this expense reduction at any time. **Money Fund Report, First Tier Institutional AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. rated average, a service of iMoneynet, Inc. Notes to editors: Credit Suisse Asset Management is the institutional and mutual fund asset management arm of Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , part of the Credit Suisse Group, one of the world's largest financial organizations with approximately USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 978 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . Credit Suisse First Boston (CSFB CSFB Credit Suisse First Boston CSFB Cyclically Shifted Filter Bank ) is a leading global investment bank serving institutional, corporate, government and individual clients. CSFB's businesses include securities underwriting, sales and trading, investment banking, private equity, financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , investment research, venture capital, correspondent brokerage services and asset management. CSFB operates in 69 locations in 33 countries across five continents. CSFB is a business unit of the Zurich-based Credit Suisse Group, a leading global financial services company. For more information on Credit Suisse First Boston, please visit our website at www.csfb.com. As of September 30, 2004, Credit Suisse Asset Management employed 1861 people worldwide and had global assets under management of approximately USD 308.2 billion. Please note that this is not an offer for advisory services by Credit Suisse Asset Management. For more information on Credit Suisse Asset Management, please visit our website at www.csam.com. |
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