Wells Fargo, Allspring team on launch of tribal inclusion share class

Wells Fargo announced it is working with Allspring Global Investments, a global asset management firm, to launch a Tribal Inclusion share class for the Allspring Government Money Market Fund, which will be offered exclusively to Wells Fargo corporate clients. The Tribal Inclusion share class is the first money market product with a charitable donation feature focused on benefiting tribal communities in the United States. “As a long-term supporter of Native American and Alaska Native communities, we are delighted to partner with Allspring on the launch of their first money market fund share class focused on benefiting tribal communities,” said Randall Lacayo, head of Diverse Segments, Capital Markets, Wells Fargo Corporate & Investment Bank. “We have supported Native Forward Scholars Fund over the past decade, and we are pleased to offer this new fund exclusively to Wells Fargo clients to further promote their diversity, equity, and inclusion initiatives serving tribal communities.”