Catalyst Capital Advisers
, an investment advisory firm located in Huntington, New York, is closing its International Value Fund
, according to an SEC filing
. The fund had been part of the Mutual Fund Series Trust.
, Catalyst's CEO, confirmed the closing. The fund debuted last July and, according to Szilyagi, it hasn't attracted sufficient assets to be viable.
According to Morningstar, the fund currently holds $345,000
in AUM. Catalyst manages ten other funds, according to Szilagyi.
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