MutualFundWire.com: Post-Deal Munder Swallows a $210M Fund
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Thursday, March 17, 2011

Post-Deal Munder Swallows a $210M Fund


Fundsters may not be surprised to hear that Munder Capital Management [see profile] is collapsing a mutual fund from Integrity Asset Management into one of Munder's own. Last year Birmingham, Michigan-based Munder bought Louisville, Kentucky-based Integrity (see The MFWire, 12/2/2010), and today Munder filed to collapse the $210.32 million Veracity Small Cap Value Fund into the $131.67 million Munder Small-Cap Value Fund [see filing].

The Veracity board approved the merger, and shareholders can vote on the merger at a special meeting on April 7.


Printed from: MFWire.com/story.asp?s=36296

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