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Rating:The New Fund Fuss - March 23, 2017 Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, March 22, 2017

The New Fund Fuss - March 23, 2017

Reported by Marisa Santella

Company: Hartford Funds

New Funds: Hartford Quality Bond ETF, Hartford Corporate Bond ETF

James Davey
Hartford Funds
President
Hartford Funds launched two actively managed fixed income ETFs, subadvised by Wellington Management Company LLP. Both ETFs will "leverage Wellington Management’s deep fixed income research and portfolio management capabilities, while also supplying the potential benefits of ETF transparency, cost and tax-efficiency."

***


Company: Saba Capital Management, L.P.

New Fund: CEFS

Saba has launched their first ETF. This ETF will "seek to generate high income by investing in closed-end funds trading at a discount to 'NAV' and hedging the ETF's risk to rising interest rates."

***


Company: T. Rowe Funds

New Portfolio: T. Rowe Price ActivePlus Portfolios

T. Rowe Funds launched this service, which is a digital investment and advisory solution for individual investors. It will feature "actively managed mutual funds, asset allocation expertise, and advice," with a minimum account size of $50,000.

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Company: Ultimus Fund Solutions

New Fund: Peachtree Alternative Strategies Fund

Ultimus has been selected to service and launch this non-exchange traded, closed-end fund. Originally, this fund was a private fund for hedge funds, but it is now a registered 1940 Act investment company that "allows opportunities for additional investors to achieve hedge fund exposure."

***


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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