New Funds: The Direxion Daily Consumer Staples Bear 1X Shares
, the Direxion Daily Utilities Bear 1X Shares
Direxion is launching
these ETFs. The Direxion Daily Consumer Staples Bear 1X Shares
seeks "daily investment results of 100% of the inverse of the performance of the Consumer Staples Select Sector Index
." The Direxion Daily Utilities Bear 1X Shares
seeks "daily investment results of 100% of the inverse of the Utilities Select Sector Index
| H. Kevin Birzer|
Tortoise Capital Advisors
Co-Founder and Chief Executive Officer
Company: Tortoise Capital Advisors
New Fund: The Tortoise North American Energy Infrastructure Fund
, The Tortoise Select Income Bond Fund
Tortoise is launching
the Tortoise North American Energy Infrastructure Fund
that invests in North American pipeline companies. The Tortoise Select Income Bond Fund
to seek "a high level of total return with an emphasis on current income."
Company: Osterweis Capital Management
New Fund: The Osterweis Total Return Fund
Osterweis is launching
this fund that seeks to "preserve capital and attain long-term total returns through a combination of current income and moderate capital appreciation."
Company: 361 Capital
New Fund: The 361 U.S. Small Cap Equity Fund
361 Capital is launching
this fund that seeks to "to achieve long-term capital appreciation that will exceed the Russell 2000 Index
return over a three- to five-year time horizon."
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 firstname.lastname@example.org.
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