Printer Friendly

CFB MARKETWATCH FUNDS NOW AVAILABLE AT CENTRAL FIDELITY

 RICHMOND, Va., Feb. 18 /PRNewswire/ -- The CFB MarketWatch Funds, a family of five mutual funds, became available today at all Central Fidelity Bank locations. Central Fidelity Bank will act as investment adviser to the new mutual funds which are distributed and administered by The Winsbury Company.
 The CFB MarketWatch Funds will be available at Central Fidelity offices or through its Financial Services Division. The five funds are:
 -- The CFB MarketWatch Virginia Municipal Bond Fund
 -- The CFB MarketWatch Short-Term Fixed Income Fund
 -- The CFB MarketWatch Intermediate Fixed Income Fund
 -- The CFB MarketWatch Equity Fund
 -- The CFB MarketWatch Treasury Money Market Fund
 All CFB Market Watch Funds may be opened with an initial investment of $1,000 or more.
 As investment adviser to the CFB MarketWatch Funds, Central Fidelity Bank will offer a conservative investment philosophy, while pursuing each fund's stated investment objective.
 "Central Fidelity is making the funds available to customers to meet the needs of an increasingly sophisticated consumer who wants alternatives to traditional bank investment options," said James W. Koeniger, corporate executive vice president, Central Fidelity Banks, Inc.
 The CFB MarketWatch Funds are not obligations of Central Fidelity and are not FDIC insured.
 Central Fidelity Banks, Inc. (NASDAQ-NMS: CFBS), is a Richmond- based bank holding company with $8.7 billion in assets and 230 offices.
 -0- 2/18/93
 /CONTACT: Peggy Cummings, public relations manager, Central Fidelity Bank, 804-697-7261/
 (CFBS)


CO: Central Fidelity Banks, Inc. ST: Virginia IN: FIN SU:

MH -- DC010 -- 7750 02/18/93 09:53 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 18, 1993
Words:250
Previous Article:CHESAPEAKE WOOD TREATING SIGNS LETTER OF INTENT WITH A.C. DUTTON LUMBER
Next Article:REYNOLDS METALS ESTABLISHES RECORD RECYCLING TOTALS IN 1992
Topics:


Related Articles
CENTRAL FIDELITY TO OFFER ELECTRONIC TAX FILING SERVICE
CENTRAL FIDELITY INTRODUCES NEW 15.6 PERCENT MASTERCARD/VISA
CENTRAL FIDELITY INTRODUCES NEW CD; FOCUS 55 MONTH ONE-UP CD
CENTRAL FIDELITY TO OPEN BRANCH OFFICES IN SEVEN VIRGINIA WAL-MART SUPERCENTERS
Central Fidelity Establishes Special Programs to Assist Virginia Hurricane, Flood Victims
MarketWatch Equity Fund Continues to Rank Among Top 15 Growth and Income Performers; Fund Enjoys Nine Weeks On Prestigious List
Central Fidelity to Launch Home Banking Program; Access to Network-Supported Program Available First Quarter '97
Central Fidelity Bank to Offer Homebanking And Billpay Services through the MOST(R) Network
Central Fidelity to Open Branch Offices in Virginia Kroger Supermarkets
Wachovia, Central Fidelity Banks Inc. Announce Merger

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters