Company: Altegris Advisors
Fund Enhancement: Altegris Managed Futures Strategy Fund (MFTAX, MFTIX, MFTCX, MFTOX)
this mutual fund that invests in financial and commodity futures markets. This enhancement "now allocates fund assets using a simpler and more streamlined process by which multiple managers trade directly for the Fund via sub-advisory and trading advisory arrangements."
Company: Cambria Investment Management
New Fund: Cambria Core Equity ETF (CCOR)
On May 24, The Cambria ETF Trust,
and its investment manager, Cambria Investment Management, launched
this active ETF.
New Portfolio: Parametric Custom Portfolios
AssetMark teamed up with Parametric,
an affiliate of Eaton Vance,
these portfolios. This launch is in efforts to expand AssetMark's high-net-worth capabilities.
Company: Ivy Investment Management Company
New Fund: Ivy PineBridge High Yield Fund
Ivy partnered with PineBridge Investments
this fund on May 18. The fund is managed by Ivy, and subadvised by PineBridge. The fund seeks to "provide total return through a combination of high current income and capital appreciation, primarily by investing in a diversified portfolio of high-yield, high-risk fixed income securities from both U.S. and foreign issuers."
Company: Wasatch Advisors
Fund Reopen: Frontier Emerging Small Countries Fund (WAFMX / WIFMX)
This fund has been closed to new investors since May 9, 2014. However, on May 16, 2017, Wasatch reopened
this fund through third-party intermediaries, financial advisors and retirement plans.
New Fund: Q Chaikin U.S. Small Cap ETF (CSML)
this equity-focused ETF on May 16. This ETF seeks to "track the price and yield performance of the Chaikin Power U.S. Small Cap Index
, which leverages the Chaikin Power Gauge (CPG).
Company: Fidelity Investments
New Funds: Fidelity U.S. Sustainability Index Fund, Fidelity International Sustainability Index Fund
these two sustainability-focused index funds on May 16. They seek to provide investors with more choices for their environmental, social and governance (ESG) investments.
New Fund: AIG ESG Dividend Fund
this ESG fund on May 16. This fund is designed to "provide socially and environmentally conscious investors with total return, including capital appreciation and current income," while investing in companies that ESG standards.
Company: Chiron Investment Management
New Fund: Chiron Global Opportunities Fund
In conjunction with UBS,
this new UCITS fund. This fund will "employ a multi asset class strategy that will seek to preserve capital while generating a total return that outperforms its peers and relevant benchmarks."
Company: Putnam Investments
New Funds: Putnam PanAgora Risk Parity Fund, Putnam PanAgora Market Neutral Fund, Putnam PanAgora Market Neutral Fund
On May 24, Putnam Investments unveiled plans to launch
these three liquid alternative funds this summer.
New Funds: GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB), GraniteShares S&P GSCI Commodity Broad Strategy No K-1 ETF (COMG)
these 40-Act funds on May 22.
To learn more about recent fund launches, check our most recent New Fund Fuss here. For information about SEC filings or new hires, check out our latest Filings For Fundsters and Follow the Fundsters columns, respectively. For job opportunities in the industry, explore our The Next Gig column. If you have a fund filing that you would like to point out, a mutual fund launch, product change or new hire that you would like to announce, please contact the MFWire team at email@example.com.
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