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

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

Rating:A Subadvisor Completes the Adoption Process Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, November 04, 2013

A Subadvisor Completes the Adoption Process

Reported by Tommy Fernandez

Centaur Capital Partners is now officially the proud parent of a growing mutual fund family.

The subadvisor, which adopted the Tilson Dividend Fund after former parent T2 Partners left '40 Act Country, has officially renamed the product to the Centaur Total Return Fund as well as launched the Centaur Mutual Funds brand, according to a SEC filing.

In an October 31 letter to shareholders, Centaur executives explained:

To reflect the change in advisor and also to better capture the strategy of the Fund, we have decided to re-name the Fund. Effective October 31, the Fundís name will change to the Centaur Total Return Fund. It is our hope that this new name more clearly differentiates our strategy and better represents how we actually select investments for the Fund. We believe that one of the strengths of the Fundís strategy is the flexibility to invest not only in dividend-paying stocks, but also to utilize the sale of covered call options against certain of the Fundís holdings on an opportunistic basis to augment the Fundís income generation. Lastly, we believe that while the Fund prioritizes income-generating opportunities, we also include investments that donít generate income when we believe doing so will improve the capital appreciation potential for the Fund. To be clear, we wish to emphasize that the change in the Fundís name does not change the investment objective or strategy of the Fund, but rather in our view simply better describes the manner in which the Fund has been managed since its inception.

The shop has also introduced a new fund logo and website. The new web site is expected to be launched by November 2, 2013. The web site address is: http://www.centaurmutualfunds.com. Visitors to the Fundís previous website will be automatically re-directed to the new home page. 

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

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
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:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use