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Wednesday, July 20, 2016 Stork and Reaper -- July 20, 2016 Fund Updates Federated Prime Cash Obligations Fund plans to change its purchase and redemption time from 4:00 p.m. Eastern time to 5:00 p.m. Eastern time. The fund also added a Net Asset Value (NAV) determination time, which will also be 5:00 p.m. Eastern. Management, Subadvisor and PM updates U.S. Bank National Association replaced J.P. Morgan Chase Bank, N.A. as the custodian for The Caldwell & Orkin Funds, Inc. on July 18. Robert S. Furrer resigned from the board of trustees of the Eubel Brady & Suttman Mutual Fund Trust. Frederick R. Marki will be a PM for the QS Strategic Real Return Fund this August. Marki will also be a PM for the Western Asset Inflation Indexed Plus Bond Fund on Aug. 1. Giorgio Caputo is no longer a PM for the First Eagle Global Income Builder Fund and will be leaving First Eagle Investment Management, LLC. New Strategies The Barclays Global Aggregate Bond Currency Hedged Index will replace the Barclays Global Aggregate Bond Index on Aug. 1 as the comparative broad-based securities market index for the Deutsche Enhanced Global Bond Fund. Future Funds The Context Strategic Global Equity Fund is set to be launched this October. *** To learn more about recent SEC filings, check our previous Stork and Reaper column here. For fund launches, check out our latest New Fund Fuss 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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