New Fund: DeltaShares
On August 2 Transamerica launched
DeltaShares, a suite of strategic beta ETFs that aims to help investors participate in rising equity markets. This is the only suite of ETFs that tracks the S&P Managed Risk 2.0 Index Series.
Company: Equinox Funds
Strategy Changes: Equinox Chesapeake Strategy Fund
On July 26 Equinox funds is changing
the fees for the Equinox Chesapeake Strategy Fund. Equinox will be paid 150 basis points per annum and the sub-advisor will be paid out of this fee with no additional advisory or performance-based fee.
New Fund: ProShares Equities for Rising Rates ETF
On July 25 ProShares launched
the ProShares Equities for Rising Rates ETF which is designed to outperform traditional large-cap indexes. The fund will track the performance of the Nasdaq U.S. Large Cap Equities for Rising Rates Index.
New Fund: Global Wellington
and Global Wellesley Income
On July 26 Vanguard released
plans to launch two global balanced funds, Global Wellington and Global Wellesley Income, both actively managed. John Keogh
, Loren Moran
, and Michael Stack
will oversee the fixed income portions of the portfolios while additional managers will oversee the stock portions.
Company: Blue Tractor Group
New Fund: Shielded Alpha ETF
On July 31 Blue Tractor filed
an amended application with the SEC for the Shielded Alpha ETF structure. This structure allows active managers to issue actively managed ETFS while obscuring their alpha generation strategy from the market, as it does not require full portfolio disclosure on a daily basis.
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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