Country Insurance & Financial Services To Sell Eight First American Funds
April 8, 2002
U.S. Bancorp Asset Management of Minneapolis, the investment advisor to the First American Funds, has struck a deal with Country Insurance & Financial Services to distribute eight First American funds through the insurance provider's wholesaler network.
Country will now market the following funds to its clients: First American Emerging Markets, First American Small Cap Growth, First American International, First American Small Cap Value, First American Equity Income, First American High Yield Bond, First American Mid-Cap Core and First American Prime Obligations.
The deal, which took several months to close, goes into effect this month and provides that U.S. Bancorp Asset Management will offer "wholesaling support and a variety of new marketing tools" to Country, U.S. Bancorp said in a statement.