What Products Does GE Offer in Their Mutual Funds?


Quick Answer

Some mutual funds that General Electric (GE) offers through its Asset Management division include the Elfun Diversified Fund, Elfun Government Money Market Fund and Elfun International Equity Fund. These products are collectively known as the Elfun Funds, notes GEAM.com.

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Full Answer

As of 2015, GE Investment Distributors serves as the principal underwriter and primary distributor of GE mutual funds. This agency's parent company, GE Asset Management, acts as the investment adviser of the funds. The Elfun Diversified Fund, with ticker symbol "ELDFX," was introduced by GE on January 1, 1998. This fund has returned 5.46 percent over the last decade and 6.68 percent within the last five years. As of September 2015, ELDFX's total yearly fund operating expense is 0.43 percent, states GEAM.com.

The Elfun Government Money Market Fund was initiated on June 13, 1990. Publicly traded as "ELMXX," this mutual fund has an accumulated annual fund operating expense of 0.28 percent as of September 2015. In terms of performance, the ELMXX returned 1.20 percent and 0.06 percent over the last 10 and five years, respectively.

The Elfun Income Fund is another mutual fund investment program offered by GE. Introduced on December 31, 1993, this mutual fund has the ticker symbol "EINFX." Other GE mutual funds include the Elfun Tax-Exempt Income Fund and Elfun Trusts.

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