Counsel Wealth Management says that the Counsel Money Market Fund has no exposure to U.S. subprime mortgages or to non-bank sponsored asset-backed commercial paper for which liquidity is not provided by banks.
Counsel Wealth Management is a wholly owned investment management firm of Investment Planning Counsel Inc., and manages total assets of over $2.3 billion.
Counsel Wealth confirms no holdings related to subprime issues
Money market fund has no exposure to non-bank ABCP
- By: IE Staff
- August 28, 2007 August 28, 2007
- 12:50