New Funds: VelocityShares 1X Long VSTOXX Futures ETN (EVIX), VelocityShares 1X Daily Inverse VSTOXX Futures ETN (EXIV)
VelocityShares, a Janus Capital Group Inc.
brand, has launched
their first European volatility ETNs. Both ETNs are linked on VSTOXX Short-Term Futures,
with EVIX specifically linked to the the VSTOXX Short-Term Futures Investable Index USD,
and the EXIV linked to the VSTOXX Short-Term Futures Inverse Investable Index USD.
Company: Franklin Templeton
New Funds: Franklin LibertyQ U.S. Equity ETF (FLQL), Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM), Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS)
Franklin Templeton expanded
its LibertyShares Strategic Beta Suite with the addition of these three ETFs, effective May 1.
Company: Heartland Advisors
Fund: Heartland International Value Fund
institutional class shares (HNNVX) for the Heartland International Value Fund
effective May 1. These shares will be available to investors with a minimum investment of $500,000.
Company: Deutsche Asset Management
Fund Closes: Deutsche X-trackers MSCI Australia Hedged Equity (DBAU), Deutsche X-trackers MSCI Spain Hedged Equity (DBSP), Deutsche X-trackers Dow Jones Hedged International Real Estate (DBRE), Deutsche X-trackers S&P Hedged Global Infrastructure (DBIF), Deutsche X-trackers Japan JPX-Nikkei 400 Hedged Equity (JPNH)
Deutsche AM closed
the above ETFs that represent roughly 0.1% of the platform’s assets. The last day of trading is expected to be May 15, and proceeds of the liquidations are expected to be sent to shareholders around May 26.
Funds: 82 mutual fund and ETF shares
expense ratios for a host of funds. Yet Vanguard also increased expense ratios for both the investor and institutional shares of the Vanguard Market Neutral Fund
(VMNFX and VMNIX).
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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