What is Tax-Free Fund For Utah ?
Tax-Free Fund For Utah is a mutual fund which invests in municipal bonds. The Fund seeks to provide as high a level of current income that is exempt from both State of Utah and Federal income taxes as is consistent with preservation of investors’ capital. To achieve this objective, the Fund invests primarily in tax-free municipal obligations of Utah issuers. Municipal obligations are the kind of securities that finance schools, highways, hospitals, and water and sewer facilities here in Utah. The Fund has been created especially for the benefit of Utah residents.