Citicorp will add a fourth portfolio, with an aggressive growth objective, to its family of asset allocation funds next month, the company said.

Since the CitiSelect portfolios were launched on June 17, they have gathered about $225 million in assets, Citicorp said.

"The early success during this period of market uncertainty is evidence that investors appreciate both the concept of asset allocation and the need for a diversified investment product," said Peter Meenan, head of global funds for Citibank, in a prepared statement.

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