Investors at Charles Schwab & Co. are more likely to trade stocks on- line than mutual funds, according to a recent survey by the San Francisco discount broker.

About 50% of its mutual fund trades are done on-line, compared with 70% percent of stock trades. Unlike stocks, most of Schwab's mutual fund products are available with no transaction fee, spokesman Greg Gable said, so there is less incentive to buy funds on-line.

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