Company: First Trust Advisors
New Funds: EquityCompass Risk Manager ETF (ERM), EquityCompass Tactical Risk Manager ETF (TERM)
First Trust launched
these ETFs that are actively managed by EquityCompass Strategies,
and seek to "avoid large, prolonged market losses and reduce volatility."
| BOB DORSEY|
Ultimus Fund Solutions
CEO, Managing Director
Company: Ultimus Fund Solutions
New Program: Distribution Advantage Program
its Distribution Advantage program on April 11. This program provides fund distribution information to assist asset managers in distribution strategy decisions.
Company: American Century Funds
Fund: AC Alternatives Disciplined Long Short Fund
American Century funds expanded
its suite of liquid alternative investment strategies. This fund has now been made available to clients and investors who are seeking equities with potentially lower volatility.
Company: Brinker Capital
New Funds: Destinations Funds
In the wake of Brinker Capital's 30th anniversary, 10 mutual funds were launched
on April 10. Since these funds are part of the Destinations advisory portfolios,
Brinker was able to lower account minimums to $10,000. The funds are available on the Fidelity
mutual fund platforms.
Company: J.P. Morgan Asset Management
New Fund: JPMorgan Global Bond Opportunities ETF (JPGB)
J.P. Morgan Asset Management launched
its unconstrained fixed income active ETF on April 7. This actively managed ETF was designed based off of the success of the JPMorgan Global Bond Opportunities Fund.
Company: T. Rowe Price
Fund: T. Rowe Price Investor Class Funds
T. Rowe Price announced
that retail investors and RIAs may now purchase these funds through Charles Schwab & Co. Inc.'s
Mutual Fund OneSource service with no-transaction-fee, effective April 3.
Company: UBS Asset Management
Portfolio Update: UBS Multi Asset Portfolios
its lineup of separately managed account UBS Multi Asset Portfolios with new features to a broader range of clients.
Company: Arrow Funds
New Fund: Arrow Reserve Capital Management ETF (ARCM)
Arrow Funds launched
this active fixed income ETF that is "designed as an alternative to traditional money market funds and bank deposits." This ETF will be subadvised by Halyard Asset Management.
Trading began March 31.
New Platform: Primerica Advisors Lifetime Investment Platform
this new platform. The platform is designed to provide clients with fee-based asset management services to achieve investing objective goals.
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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