Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A New Fund Firm Makes a Email Routing List Email & Route  Print Print
Monday, January 26, 2009

A New Fund Firm Makes a "Foolish" Bet

Reported by Sean Hanna, Editor in Chief

A fund industry critic is making what could be termed as a "foolish" bet on mutual funds. In November, the Motley Fool, publisher of the Fool.com Website that has long warned its readers away from actively managed mutual funds, launched its own investment advisory arm: Motley Fool Asset Management.

The Alexandria, Virginia-based firm is planning to launch a family of actively managed mutual funds. It has already filed its first fund -- The Motley Fool Independence Fund -- with the SEC.

The no-load fund is being advised by the Motley Fool's portfolio management team of William H. Mann III and William S. Barker. The prospectus lists Peter Jacobstein as the president of the advisor.

Other providers to the new fund include PNC Global which serves as its administrator and transfer agent; custodian PFPC Trust Company; auditor Grant Thornton and legal counsel Schulte Roth & Zabel. The fund is distributed by PFPC Distributors, Inc. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use