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Monday, August 21, 2017 Filings for Fundsters - August 21, 2017 Sub-AdvisorsOn August 18, MFS replaced BlackRock as the sub-advisor to the Brighthouse Funds Trust II. On September 1, the trust will become the MFS Value Portfolio II and will continue to refer to the funds within it as BlackRock funds until further notification of changes. The portfolio holds the BlackRock Large Cap Value Fund. On October 27, Wellington Management will replace William Blair Investment Management as the sub-advisor for Northwestern Mutuals' Mid Cap Growth Stock Fund and Large Cap Core Stock Fund. ***
StrategiesOn August 18, the Lord Abbett Global Core Equity Fund tweaked its investment strategy. ***
Fund UpdatesOn August 18, Transamerica Financial replaced some of current variable investment options due to an order given by the SEC. The new investment options are held by Bank of America Merrill Lynch. The replacements are as followed:
On August 18, iShares MSCI Australia ETF, iShares MSCI Eurozone ETF, iShares MSCI France ETF, iShares MSCI Germany ETF, iShares MSCI Japan ETF, and iShares MSCI United Kingdom ETF, were added as eligible underlying funds for the BlackRock LifePath Dynamic Funds. ***
LiquidationOn September 8, the Turner Funds Trust will liquidate. ***
FeesOn August 18, the J.P. Morgan Trust I, II, and III allowed waivers for their class A shares to be applicable by investors who purchase their funds through LPL Financial. On September 18, the maximum initial sales charge will be lowered to 2.5 percent for each InvestEd portfolio. The minimum initial investment also be lowered to $250 for each existing portfolio. On November 1, the following J.P. Morgan funds will waive their fees and expenses for their Class A, C, and I shares:
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Check our last Filings For Fundsters column (previously called Stork and Reaper) for more SEC filing updates. For the latest new hires and fund launches, explore our Follow The Fundsters, The Next Gig, and New Fund Fuss columns. If you have a fund filing, a mutual fund launch, a product change or a new hire that you would like to announce, please contact the MFWire team at editors@investmentwires.com. Printed from: MFWire.com/story.asp?s=56878 Copyright 2017, InvestmentWires, Inc. All Rights Reserved |