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 |
|
Wednesday, July 19, 2017 Filings for Fundsters - July 19, 2017 People MovesOn June 20 Cai Jing replaced Charlie Hu, a PM of China Asset Management Limited, as a PM for VanEck Vectors ETF Trust . On July 18 Samuel Lieber, CEO of Alpine, and Stephen Lieber, PM at Alpine, became PMs of the Alpine Small Cap Fund. ***
Fund MergersOn July 14 Great-West Profile I Funds merged into the Great-West Profile II Funds. On July 14 the Great-West Stock Index Fund merged into the Great-West S&P 500 Index Fund. ***
SubadvisorsOn July 1 Golden Capital became an indirect wholly owned subsidiary of Wells Fargo & Company.***
New StrategiesStarting on July 17 the following Guidestone Funds may invest up to 10 percent of their total assets in securities issued by investment companies (which includes ETFs):
On July 18, the Franklin Income Fund and the Franklin Balanced Fund are now allowed to buy and sell exchange-traded options on indexes that measure stock volatility. ***
Fund UpdatesOn October 1 JP Morgan Distribution Services will replace SEI Investments Distribution Co. as the distributor of J.P. Morgan ETFs.***
FeesOn July 1 the Schroder Emerging Market Small Cap Funds' investment management fee was reduced from an annual fee of 1.25 percent of the Fund's average daily net assets to an annual fee of 1.15 percent of the Fund's average daily net assets. Between July 1, 2017 to February 28, 2019 Schroders will waive its fees, pay Fund operating expenses, and/or reimburse the Fund to the extent that the total annual operating expenses.***
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