ABN AMRO Funds has opened the doors on a new high-yield bond fund. The new fund builds on capabilities the Chicago-based fund firm already wields on behalf of private and institutional clients, explained Kenneth Anderson, president and CEO. He added that "it was a natural progression to offer a mutual fund to a wider audience based on the same time-tested strategy."

The portfolio managers for the fund are Todd Youngberg and Charles Ullerich. The Fund is available in institutional Class I and retail N shares - there are no sales loads or exchange fees. The minimum initial investment for Class N shares is $2,500 and for Class I shares, $1 million.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE