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Wednesday, June 29, 2016 MFWire Introduces...The New Fund Fuss! Company: AccuShares New Fund(s): Two new ETF's, AccuShares S&P GSCI Oil Excess Return Up Shares (OILU) and the Accushares S&P GSCI Crude Oil Excess Return Down Shares (OILD). According to a press release, this fund aims to make it easier for investors to catch changes in crude oil pricing and market volatility. Company: Deutsche New Fund(s): Deutsche X-tractors Russell 2000 Comprehensive Factor ETF (DESC). According to a press release, this new strategic beta ETF will track the Russell 2000 Comprehensive Factor Index, which is built to reveal companies that have been rather open to targeted investment style factors. Company: SSGA New Fund(s): SPDR S&P Technology Hardware ETF (XTH) and the SPDR S&P Internet ETF (XWEB). According to a press release, this fund aims to give investors relevant exposure to technology hardware sub-industries in the technology sector, and internet sub-industries in the consumer discretionary and technology sectors. Company: Morgan Stanley New Fund(s): U.S. Core Portfolio, Global Core Portfolio, and Global Concentrated Portfolio. According to a press release, these three portfolios will allow the strategies of the Applied Equity Advisors (AEA) investment team to be accessible for the first time in a mutual fund arrangement. Andrew Slimmon and Phillip Kim will serve as the PMs to these portfolios. Company: press release, the three index funds being launched will be low-cost and will be available in different share classes with ranging prices. Company: DoubleLine Capital LP New Fund(s): DoubleLine Infrastructure Income Fund According to this press release, this fund's goal is to achieve long-term total return. DoubleLine Capital is the Advisor to this fund, while Andrew Hsu and Damien Contes are serving as the PMs. *** To learn more about recent fund launches, check back as we post more New Fund Fuss going forward. For SEC filings, check out our latest Stork and Reaper 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 editors@investmentwires.com.
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