Company: Davis Advisors
New Funds: The Davis Select U.S. Equity ETF
, the Davis Select Financial ETF
, Davis Select Worldwide ETF
Davis is launching
their first ETFs, which "utilize the Davis Investment Discipline."
Company: Measured Risk Portfolios, Inc
New Fund: The Measured Risk Strategy Fund
Measured is launching
this fund, which offers a "managed exposure to a volatility selling strategy – a strategy that ultimately takes a short position in the CBOE VIX futures market."
| Steve Rasmussen|
Chief Executive Officer
New Fund: The Nationwide International Small Cap Fund
Nationwide is launching
this fund, which seeks to "offer investors the opportunity to diversify their international equity exposure with the objective of providing long-term capital growth."
Company: American International Group, Inc
Rebranded Funds: The AIG Funds
AIG is rebranding
its mutual fund family from SunAmerica
Mutual Funds to AIG Funds on February 28, enabling AIG to provide funds under one brand.
Company: CBOE Vest
New Fund: The CBOE Vest S&P 500 Enhanced Growth Strategy Fund
CBOE Vest is launching
this fund which seeks to "provide two-to-one enhanced returns on the appreciation of the S&P 500 Index up to a capped level, while providing one-to-one exposure to losses."
Company: Beaumont Capital Management
New Strategy: The BCM Dynamic Global Fixed Income strategy
Beaumont is launching
this strategy, a smart beta fixed income solution. It seeks "risk-adjusted returns and downside protection through rules-based analysis, primarily focusing on volatility."
Company: Westwood Holdings Group, Inc
Rebranded Fund: The Westwood Low Volatility Equity Fund
Westwood is transitioning
the Westwood Dividend Growth Fund
into the Westwood Low Volatility Equity Fund
. The rebranded fund seeks to "provide investors participation in up-markets with loss limitation in down-markets and an attractive current yield."
Company: Ivy Investment Management Company
New Fund: The Ivy IG International Small Cap Fund
Ivy is launching
this fund that seeks "smaller-capitalization (less than $10 billion) companies outside North America that exhibit perceived growth at a reasonable price."
Company: Prudential Investments
New Fund: The Prudential Investments
Prudential is launching
this fund, which "has the flexibility to respond to changing market opportunities while presenting attractive risk-adjusted return potential relative to the broad fixed income markets."
Company: Praxis Mutual Funds
Rebranded Fund: The Praxis Small Cap Index Fund
As of January 1, the Praxis Small Cap Fund
underwent a name change and became the Praxis Small Cap Index Fund
. This new fund seeks to "deliver performance consistent with its new benchmark, the S&P SmallCap 600 Index."
Company: Symons Capital Management
New Fund: The Symons Concentrated Small Cap Value Institutional Fund
Symons has launched its second equity mutual fund strategy, which seeks to "invest in companies with long-term sustainable businesses that can be purchased at attractive prices."
New Funds: The UBS ETRACS – ProShares Daily 3x Long Crude ETN
and the UBS ETRACS – ProShares Daily 3x Inverse Crude ETN
ProShares is launching
the first two UBS ETRACS - ProShares ETNs
, which are linked to crude oil.
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 email@example.com.
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