Seeking to attract assets as quickly as possible, Citicorp will offer its new family of mutual funds without a sales charge, at least initially.

The banking giant Wednesday formally announced its CitiSelect portfolios, a widely anticipated family of asset-allocation mutual funds. Citicorp said it would make the funds available to investors next Monday.

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.