Mortgage Company Will Offer Mutual Funds

Champion Mortgage, a retail home equity lender in Parsippany N.J., announced that it has added four Victory Funds to its portfolio, which includes more than 40 home equity loan programs.

The funds were added because they will provide a stable value option for customers seeking alternative investments, the company said. The products will be offered to Champion customers without front- or back-end sales charges and without 12b-1 or redemption fees.

The four funds Champion has added are the Victory LifeChoice Conservative Investor Fund, the Victory LifeChoice Moderate Investor Fund, the Victory LifeChoice Growth Investor Fund, and the Victory Prime Obligations Fund.

Victory Capital Management, a subsidiary of Key Asset Management, is the investment advisor to the Victory Funds, and they are distributed by BISYS Fund Services.

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Money Management Executive
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