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Wednesday, July 13, 2016 New Fund Fuss -- July 13, 2016 Company: AdvisorShares New Fund(s): AdvisorShares Cornerstone Small Cap ETF According to this press release, this ETF, subadvised by Cornerstone Investments, "seeks to provide total return through long-term capital appreciation and current income." The fund began trading on July 7. Company: T. Rowe Price New Fund(s): Global Consumer Stock Fund According to this press release, the goal of this fund will be to give "long-time growth of capital" by investing in consumer staples and consumer discretionary companies. Company: Global X Funds New Fund(s): Conscious Companies ETF According to this press release, this ETF tracks Concinnity Advisors' proprietary index. Its purpose is to identify companies that have had positive outcomes for all different shareholders. Company: Moerus Capital Management LLC New Fund(s): Moerus Worldwide Value Fund According to this press release, the fund, managed by PM Amit Wadhwaney, is available to institutional and retail investors. Company: SolidX Partners Inc. New Fund: SolidX Bitcoin Trust According to this press release, the fund aims to show shareholders the daily change in the U.S. dollar price of bitcoin, which is measured by the TradeBlock XBX Index. *** To learn more about recent fund launches, check our most recent New Fund Fuss here. 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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