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Subject:  Re: Indexed Certificate of Deposit Date:  1/21/2000  1:27 PM
Author:  pauleckler Number:  18061 of 90454

There was discussion of these and related indexed CDs on the Index Fund board several months ago. Some are fully indexed, some a callable, some are partially indexed.

So far no one has reported experience with these. We suspect there may be hidden charges or unfavorable call terms. Remember that callable CDs will be called under the terms most favorable to the issuer and least favorable to the investor.
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