Mutual fund companies have been slow to offer web sites where shareholders can get access to their accounts and make transactions, according to a consultant who evaluates fund web sites and their services.

Only 27.7 percent of 350 mutual fund company web sites surveyed offer shareholders access to their accounts, said Steven K. Miyao, director of mutual fund e-business solutions for McGladrey & Pullen, an accounting and consulting firm in New York. That percentage is surprisingly low but should change as shareholder demand and pressure from competitors force fund companies to provide more online services, Miyao said. McGladrey & Pullen's data was drawn from its annual survey of mutual fund websites which began last month.

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