Norwest Corp., an innovative bank known for its renegade ways, wants to loom large in the mutual fund world.

The Minneapolis-based bank is considering adopting several high-profile strategies to build its fund business, said P. Jay Kiedrowski, an executive vice president for investments and trust. These include buying or launching a family of funds with no up-front fees or "loads," and building its own no-load fund "supermarket" - a network that would allow consumers to buy and sell literally hundreds of funds through a single telephone call.

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