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Rating:The New Fund Fuss - December 1, 2016 Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, December 1, 2016

The New Fund Fuss - December 1, 2016

Reported by Ashley McHugh-Chiappone

Steve Rasmussen
Nationwide
Chief Executive Officer
Company: Nationwide Funds

New Funds: The NextShares Exchange-Traded Managed Funds

Nationwide and NextShares Solutions LLC, a subsidiary of Eaton Vance, have entered into an agreement to "support the launch by Nationwide Funds of a family of NextShares exchange-traded managed funds."

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Company: Gabelli Funds

New Fund: The Gabelli Media Mogul NextShares

Gabelli is launching this fund and it seeks capital appreciation. The fund will "invest primarily in companies that were spun-off from Liberty Media Corporation."

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Company: T. Rowe Price

New Fund: The T. Rowe Price Total Return Fund

T. Rowe Price is launching this fund which seeks "to maximize total return by investing in a diversified portfolio of U.S. securitized bonds, bank loans, and other debt instruments."

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Company: FlexShares Exchange Traded Funds

New Fund: The Core Select Bond Fund

FlexShares is launching their second actively managed fixed income ETF.

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Companies: The United States Commodity Fund (USCF), SummerHaven Index Management

New Fund: The The United States Commodity Fund

USCF and SummerHaven are collaborating to launch this fund. It will follow the SummerHaven Dynamic Commodity Index.

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Company: Artisan Partners Asset Management Inc

Reopened Fund: The Artisan U.S. Mid-Cap Value Strategy and the Artisan Mid Cap Value Fund

Artisan reopened this strategy and fund on November 21, and it is being led by PMs: Jim Kieffer, George Sertl and Dan Kane. Additionally, Artisan will be closing and liquidating the Artisan Global Small-Cap Growth Strategy and the Artisan Global Small Cap Fund on January 20, 2017.

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To learn more about recent fund launches, check our most recent New Fund Fuss here. For information about SEC filings or new hires, check out our latest Filings For Fundsters and Follow the Fundsters columns, respectively. For job opportunities in the industry, explore our The Next Gig column. If you have a fund filing that you would like to point out, a mutual fund launch, product change or new hire that you would like to announce, please contact the MFWire team at editors@investmentwires.com. 

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