Liberty Financial to market mutual funds in Japan
November 30, 1998
Liberty Financial Companies of Boston announced it has formed Liberty Financial Japan, a new company that will distribute investment products offered by Liberty Financial subsidiaries.
The first product to be marketed by Liberty Financial Japan will be Colonial Strategic Income Fund, a popular multi-sector bond fund. Distribution of the fund's J shares _ available only in Japan _ began the week of Nov. 6.
Colonial Strategic Income Fund seeks current income and total return by diversifying investments primarily in U.S, foreign government and corporate debt securities. It now has over $1.6 billion in assets.