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Rating:A Virginia Shop Preps a New Stock Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, September 12, 2013

A Virginia Shop Preps a New Stock Fund

by: Neil Anderson, Managing Editor

Wilbanks, Smith & Thomas Asset Management is preparing to launch a mutual fund. On September 10 the Norfolk, Virginia-based shop filed to create the WST Asset Manager - U.S. Equity Fund sometime this year. The fund's institutional shares will cost 75 basis points in management fees, while its investor shares will also include 25 bps of 12b-1s. [SEC Filing]. 

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