During a time of plummeting assets and steep budget declines, mutual fund companies spent a total of $6.3 million on advertising related to the terrorist attacks of Sept. 11, a New York research firm said last week.

"The industry took the ramifications of the events very seriously," said Joanne Shiebler, president of the Minneapolis financial marketing company Asset Publishing, which services mostly mutual fund companies. "It's a sizable amount of money and clearly it portrays the commitment the industry put forth in communicating with [its] clients."

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