MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, September 5, 2008 Aberdeen to Add to U.S. Fund Line Aberdeen is planning to expand its line of funds for the first time since acquiring Nationwide's fund business last year. The deal closed earlier this summer. (see MFWire July 1, 2008) The company has filed with the SEC to launch the Aberdeen Core Plus Income Fund and the Aberdeen Core Income Fund. A Shares of the funds will carry an expense ratio of 85 bps. The Nationwide deal marked the expansion of Aberdeen into the actively managed U.S. fund business. Before the deal closed, the company's U.S. arm had advised three of its own closed-end funds and sub-advised two First Trust closed-end funds. Printed from: MFWire.com/story.asp?s=19235 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |