Three different types of funds will disappear from
CDC Ixis' lineup if shareholders give their thumbs up. The French, bank-owned firm revealed its intent to liquidate a small cap growth fund, a large cap value fund and a short-term bond fund in a filing made with the SEC yesterday. Combined the funds have just $85 million in assets.
The three funds covered in the filings are the:
CDC Nvest Jurika & Voyles Small Cap Growth Fund
CDC Nvest Large Cap Value Fund
CDC Nvest Short Term Bond Fund
The largest of the three funds is the bond fund, which holds $61 million in assets, according to data provided by Morningstar.
 
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