HARTFORD, Conn. - Aeltus Investment Management Inc., investment adviser to Aetna Funds, has started its fifth mutual fund with a five-year guarantee of principal.

The Aetna Index Plus Protection Fund is being offered to investors from Oct. 2 through Nov. 29, with the guarantee good from Dec. 1, 2000, through Nov. 30, 2005. It guarantees investors that their account value on the last day of the guarantee period will be no lower than their initial investment, less any sales charges, redemptions, or cash distributions.

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