has been removed from the sub advisory roster of two funds. Morningstar
's Fund Times
reports that the Masters' Select Equity Fund
and Masters' Select Value
have tapped Clyde McGregor
of Harris Associates
to join the roster of sub-advisors.
Also in Fund Times is the news that John Hancock
plans to adopt a Robeco
fund. The company wants to adopt the Robeco Boston Partners Large Cap Value Fund
and rebrand it as the
John Hancock Disciplined Value Fund
. There's one catch though; Hancock want to up the expense ratio from 75 bps to 100 bps and change it from a no-load to a load fund with a sales charge of 500 bps. A meeting for the shareholders will be held December 17.
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