NU Online News Service, Jan. 8, 4:01 p.m. – Value mutual funds are the funds best positioned to benefit from President George W. Bush’s proposed plan to repeal personal income taxes on corporate dividends, according to analysts from Standard & Poor’s Inc., New York.

Value funds should benefit the most because they focus on companies that have a long history of paying dividends, S&P analysts write in a commentary on the proposal.

Utility funds, preferred stock funds, convertible funds and total-return funds should also benefit, the analysts write.