BankAmerica Corp., in a bold play to capture more assets in long-term mutual funds, has introduced a fund family with a simplified investment approach geared to novices.

The new proprietary fund family, called the Time Horizon Funds, consist of three portfolios designed for investors with financial needs that are 10, 20, and 30 years into the future, respectively.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.