Starting on July 1, Aspirant Risk-Managed Global Equity Fund
’s "adviser is entitled
to an advisory fee calculated at an annual rate of 0.40 [percent] of the fund's average daily net assets."
On July 15, the Tax-Free Money Market Fund
, a portfolio of Money Market Obligations Trust
, will no longer
offer checkwriting and debit card services.
The SPDA MSCI USA Quality MIx ETF
and it's benchmark index, MSCI USA Quality Mix A-Series Index names will change
on July 15 to the SPDR MSCI USA StrategicFactors ETF
and the MSCI USA Factor Mix A-Series Capped Index, respectively.
Van Hulzen Asset Management, LLC
decided to not renew
the fee waiver on the Iron Horse Fund
after its termination on July 29.
Management, Subadvisor or PM updates
As of July 1, Shelton Capital Management took over
for WHV Investments
as the investment advisor to the WHV/Acuity Tactical Credit Long/Short Fund
will also take on WHV International Equity Fund
on July 18.
Deborah D. Woods
, a PM to the Prudential QMA Strategic Value Fund
, Prudential QMA Small-Cap Value Fund
and the Prudential QMA Mid-Cap Value Fund
, announced that she plans to retire
from Quantitative Management Associates LLC
in early 2017.
Another member of Quantitative Capital Management Associates LLC
plans to retire. Daniel Carlucci
, CFA, is currently a PM for following funds: the Prudential QMA Large-Cap Core Equity Fund
; Prudential QMA Stock Index Fund
; Prudential Balanced Fund
; and the Prudential QMA Defensive Equity Fund
On June 30, Brian Kennedy
as a PM to the Great-West Loomis Sayles Bond Fund
The Delaware REIT Fund added Scott P. Hastings
as a PM this month.
Foresters Investment Management Company, Inc has named Clark D. Wagner
as the president and investment advisor to the First Investors Funds
Scott Stutzman became
the co-PM of the Small Cap Growth Portfolio
of Ohio National Funds
The Fidelity SAI Real Estate Index Fund
's advisor reduced
the management fee rate for the fund from 0.02 percent to 0.015 percent.
The Investment Policy for the Rydex ETF Trust's Guggenheim S&P 500 Equal Weight Financials ETF
and Guggenheim S&P 500 equal Weight Real Restate ETF
on Sept. 16.
The DS Large Cap Growth Fund
plans to reorganize
into the Touchstone Large Company Growth Fund
, a brand-new series of Touchstone Strategic Trust
around August 15.
Metropolitan West Capital Management
, a subadvisor to PACE Small/Medium Co Value
with Wells Capital Management LLC
on July 1 and "the sub-advisory agreement with MetWest Capital
transferred to Wells Capital
upon consumation of the merger."
Little Harbor MultiStrategy Composite Fund
's initial liquidation distribution has been changed
to around July 14, but the final liquidation date, August 31, remains the same.
The Oakhurst Defined Risk Fund
will be closed to new purchases by new and existing shareholders today. The fund is scheduled to be liquidated
on July 22.
***To learn more about recent SEC filings, check the last Stork and Reaper column here. To see the latest fund launches, check out our New Fund Fuss column here. If you have a fund filing that you would like to point out, or a mutual fund launch or product change that you would like to announce, please contact the MFWire team at firstname.lastname@example.org
Stay ahead of the news ... Sign up for our email alerts now