J.P. Morgan & Co. made its proprietary Pierpont mutual funds available this week through Charles Schwab & Co.'s OneSource mutual fund supermarket.

The minimum initial investment for any of the 20 Pierpont funds was lowered July 31 to $2,500 from $100,000. That change-made the day after Morgan announced its plan to form a partnership with mutual fund company American Century Cos.-reflected the upscale bank's desire to broaden its clientele.

Morgan manages more than $230 billion of assets, including $11.2 billion in mutual funds.

The pending deal for American Century, Kansas City, Mo., would bring an additional 70 mutual funds with $70 billion of assets under management.

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