Banc One Corp.'s Helmsman family of mutual funds became the One Group of funds on May 17.

The move was anticipated. The Columbus, Ohio-based company confirmed last month that it had received approval for the change from the Office of the Comptroller of the Currency.

"As Banc One has grown and expanded into several states, it was felt that a name with a broader and more national appeal was necessary," said David Kundert, president and chief executive of Banc One Investment Advisors.

The One Group has more than 4,billion in assets. Banc One said four new portfolios are about to be added to the lineup, which would bring the total to 27.

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