TCW Money Market Fund board approves plan of liquidation for May 31

By Tali David

Minneapolis, March 5 - The board of directors of TCW Funds, Inc. approved a plan of liquidation for the TCW Money Market Fund, according to a 497 filed with the Securities and Exchange Commission.

The liquidation date is set for May 31.

Effective May 25, the fund will no longer sell shares to new investors or existing shareholders, including through exchanges into the fund from other funds of the corporation.

The fund's adviser is Los Angeles-based TCW Investment Management Co.

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