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USAA Opens Fund Supermarket

USAA Investment Management Co. of San Antonio, Texas has opened a fund supermarket offering 5,000 funds from 160 fund families.

USAA Investment Management is a subsidiary of USAA, founded in 1922 to provide insurance, banking and financial services to U.S. military personnel and their families. USAA now has 4.3 million customers and $60 billion in assets under management.