Debit card and check writing services will no longer be offered
for the Federated Institutional Prime Obligations Fund, Automated Shares
by the end of September.
MainStay Money Market Trust Fund will now be labeled
as a "retail money market fund" and will work towards effectively limiting all Fund benefits to individuals.
Management, PM or Subadvisors Updates
Mainstay will add
a new subadvisor to handle the MainStay VP Cornerstone Growth Portfolio
in the meantime, but could potentially serve a long-term appointment when the interim subadvisory ends. Cornerstone Capital Management Holdings LLC
will take over for Cornerstone Capital Management LLC
as MainStay VP Cornerstone Growth's subadvisor.
Dale R. Stout
was recently appointed
as a PM for Calvert Developed Markets Ex-U.S. Responsible Index Fund
Matthew Duch will cease
to be an officer for the Calvert Impact Fund Inc.
as of June 30.
Jeffrey Vancavage will take over
for John Mazanec
as co-lead PM of the Invesco
Mid Cap Value Portfolio
was recently added
to the Oaktree High Yield Bond Fund
as a co-PM.
Reorganization of Funds
The Calvert Global Value Fund
and the Calvert Global Equity Income Fund combined into
the Calvert Equity Portfolio
as of June 24. Calvert Large Cap Core Portfolio also merged
into the Calvert Equity Portfolio.
Aston Funds will liquidate and discontinue
the ASTON/LMCG Markets Fund
around July 28, 2016.
By the end of August, iShares
plans to close and liquidate
the following Funds: iShares Enhanced International Large-Cap ETF (IEIL)
; iShares Enhanced International Small-Cap ETF (IEIS)
iShares Enhanced U.S. Large-Cap ETF (IELG)
, iShares Enhanced U.S. Small-Cap ETF (IESM)
, iShares Global Inflation-Linked Bond ETF (GTIP)
and iShares International Inflation-Linked Bond ETF (ITIP)
TD Asset Management USA Funds Inc.
has decided to liquidate
the TDAM Institutional Money Market Fund
and the TDAM Institutional Municipal Money Market Fund
***To learn more about recent SEC filings, check the last Stork and Reaper 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 firstname.lastname@example.org
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