New and Upcoming Funds
PureFunds is
launching two new funds: the
PureFunds Solactive FinTech ETF and the
PureFunds ETFx HealthTech ETF.
***
Share Classes
Walthausen is
launching R6 shares for the
Walthausen Select Value Fund on November 1.
***
Executives
On August 29,
Matthew J. Hackethal became the
SunAmerica Series Trust's acting chief compliance officer, replacing
Katherine Stoner. Hackethal also serves as vice president and acting chief compliance officer of SunAmerica Asset Management Company.
***
Subadvisors
Baldwin Brothers no longer serves as one of the three subadvisors for the
AdvisorShares Global Echo ETF, and Baldwin's
Adam Seitchik is no longer a PM on the fund.
On September 13,
TD Asset Managment will
no longer serve as the subadvisor to the
Deutsche X-trackers Japan JPX-Nikkei 400 Equity ETF. TDAM is succeeded by
DBX Advisors LLC.
On September 1,
Dorsey, Wright & Associates, LLC replaced WCM Investment Management as subadvisor to the
AdvisorShares WCM/BNY Mellon Focused Growth ADR ETF. The
AdvisorShares WCM/BNY Mellon Focused Growth ADR ETF will also undergo a name change and become the
AdvisorShares Dorsey Wright ADR ETF.
***
Portfolio Managers
In August
Patrick Dwyer was added as a PM to the
Deutsche X-trackers FTSE Developed ex US Comprehensive Factor ETF, the
Deutsche X-trackers FTSE Emerging Comprehensive Factor ETF, and the
Deutsche X-trackers Russell 1000 Comprehensive Factor ETF.
***
Fees
On September 1,
Gotham Absolute 500 Fund reduced their investment advisory fee by 15 bps.
As of August 29,
Ronald Manning no longer serves as PM to the
Commonwealth Australia/New Zealand Fund, the
Africa Fund, the
Commonwealth Japan Fund, the
Commonwealth Global Fund and the
Commonwealth Real Estate Securities Fund.
***
Exemptive Relief
Dhandho Funds LLC is
requesting exemptive relief to launch passive/index-based ETFs.
Aspiration Funds is
requesting exemptive relief around working with subadvisors.
Northern Lights Fund Trust IV and
Formula Folio Investments are
requesting exemptive relief to launch active ETFs.
Active Weighting Advisors LLC is
requesting exemptive relief to launch active ETFs.
Global X Funds is
requesting exemptive relief to create self-indexing ETFs.
***
Mergers & Liquidations
As of August 29,
MassMutual closed and liquidated the
MassMutual Barings Dynamic Allocation Fund.
On August 30,
iShares liquidated the
iShares B – Ca Rated Corporate Bond ETF, the
iShares Baa – Ba Rated Corporate Bond ETF, the
iShares Enhanced International Large-Cap ETF,
the
iShares Enhanced International Small-Cap ETFM,
the
iShares Enhanced U.S. Large-Cap ETF,
the
iShares Enhanced U.S. Small-Cap ETF,
the
iShares Global Inflation-Linked Bond ETF,
the
iShares International Inflation-Linked Bond ETF,
the
iShares MSCI Emerging Markets Horizon ETF and
the
iShares MSCI Emerging Markets Latin America ETF.
On August 31, the
USA Mutuals Beating Beta Fund and the
USA Mutuals Takeover Targets Fund closed. They will
liquidate their assets on September 29.
On September 9, the
Hatteras Alternative Multi-Manager Fund will be
closed and liquidated.
On September 29,
Good Harbor Financial, LLC will
close and liquidate the
Good Harbor Tactical Core Developed Markets Fund and the
Good Harbor Tactical Core Emerging Markets Fund.
***
Check our last Filings For Fundsters column (previously called Stork and Reaper) for more SEC filing updates. For the latest new hires and fund launches, explore our People on the Move and New Fund Fuss columns. If you have a fund filing, a mutual fund launch, a product change or a new hire that you would like to announce, please contact the MFWire team at editors@investmentwires.com.
 
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