Charles Schwab Corporation of San Francisco has introduced a mutual fund for people who want to donate to charitable organizations, joining a relatively small number of fund companies offering similar products.

The Schwab Fund for Charitable Giving, which opened on Sept. 29, is a "donor-advised" fund that allows individuals to make an irrevocable, tax-deductible contribution of cash or securities which are invested in three mutual fund pools - growth index, balanced index and gift preservation.

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