Company:
Direxion
New Funds: The
Direxion Daily Consumer Staples Bear 1X Shares, the
Direxion Daily Utilities Bear 1X Shares
Direxion is
launching these ETFs. The
Direxion Daily Consumer Staples Bear 1X Shares seeks "daily investment results of 100% of the inverse of the performance of the
Consumer Staples Select Sector Index." The
Direxion Daily Utilities Bear 1X Shares seeks "daily investment results of 100% of the inverse of the
Utilities Select Sector Index."
***
| H. Kevin Birzer Tortoise Capital Advisors Co-Founder and Chief Executive Officer | |
Company:
Tortoise Capital Advisors
New Fund: The
Tortoise North American Energy Infrastructure Fund,
The Tortoise Select Income Bond Fund
Tortoise is
launching the
Tortoise North American Energy Infrastructure Fund that invests in North American pipeline companies. The
Tortoise Select Income Bond Fund is
designed to seek "a high level of total return with an emphasis on current income."
***
Company:
Osterweis Capital Management
New Fund: The
Osterweis Total Return Fund
Osterweis is
launching this fund that seeks to "preserve capital and attain long-term total returns through a combination of current income and moderate capital appreciation."
***
Company:
361 Capital
New Fund: The
361 U.S. Small Cap Equity Fund
361 Capital is
launching this fund that seeks to "to achieve long-term capital appreciation that will exceed the
Russell 2000 Index return over a three- to five-year time horizon."
***
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 editors@investmentwires.com. 
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