The
Founders mutual fund brand is about to go the way of the dodo. The
Rocky Mountain News' James Paton
reports that, starting in December, the five
Dreyfus Founders funds (
Dreyfus Founders Discovery,
Dreyfus Founders Equity Growth,
Dreyfus Founders Mid-Cap Growth,
Dreyfus Founders Passport and
Dreyfus Founders Worldwide Growth) will switch to the stand-alone Dreyfus brand.
According to the paper, the unit operating the funds will still be called Founders Asset Management, though its name will not be marketed. Dreyfus CEO told Founders' clients that the re-branding aims to "help promote consistency" in marketing.
Mellon Financial bought Founders in 1997 and then merged it into the
Boston Co. Asset Management unit in 2006. 
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