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Rating:The New Fund Fuss - June 1, 2017 Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, June 1, 2017

The New Fund Fuss - June 1, 2017

Reported by Marisa Santella

Company: Nationwide

New Fund: Nationwide Loomis All Cap Growth Fund

Today, Nationwide launched the above fund, which is to be subadvised by Loomis, Sayles & Company.

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Company: Fidelity Investments

New Fund: Fidelity Municipal Income 2025 Fund

Fidelity launched this fund on May 31. This fund is an addition to Fidelity’s Defined Maturity Funds (DMF) lineup.

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Company: Pioneer Investments

Fund: Pioneer Equity Income Fund, and the Pioneer Dynamic Credit Fund

Two of Pioneer Investments' mutual funds, the Pioneer Equity Income Fund, and the Pioneer Dynamic Credit Fund were added by Charles Schwab Investment Advisory to their Schwab Mutual Fund OneSource Select List for Q2.

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Company: T. Boone Pickens

Fund: BP Capital TwinLine Energy Fund (BPEAX)

T. Boone Pickens' fund was also named by Charles Schwab Investment Advisory to the Schwab Mutual Fund OneSource Select List for Q2.

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Company: 361 Capital

Fund Anniversary: 361 Global Long/Short Equity Fund (AGAZX)

This 361 Capital fund, subadvised by Analytic Investors, has reached its three-year mark. This fund seeks to "capitalize on the low volatility anomaly," with equity like returns.

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Company: T. Rowe Price

New Fund: T. Rowe Price U.S. High Yield Fund (TUHYX)

T. Rowe launched this fund. It is a result of T. Rowe's acquisition of the Henderson High Yield Opportunities Fund (HYOIX) from Henderson Global, now Janus Henderson.

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Company: Altegris

Fund Enhancement: Altegris Managed Futures Strategy Fund (MFTAX, MFTIX, MFTCX, MFTOX)

Altegris enhanced this fund with "investment strategies pursued via direct allocation to managers," in efforts to achieve lower cost, etc.

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Company: MFS

Fund Expansion: Class R6 shares to 20 additional mutual funds

Between June 2 2017 and March 2, 2018, MFS will launch a number of class R6 shares to twenty of their mutual funds.

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To learn more about recent fund launches, check our most recent New Fund Fuss here. For information about SEC filings or new hires, check out our latest Filings For Fundsters and Follow the Fundsters columns, respectively. For job opportunities in the industry, explore our The Next Gig column. If you have a fund filing that you would like to point out, a mutual fund launch, product change or new hire that you would like to announce, please contact the MFWire team at editors@investmentwires.com. 

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