MutualFundWire.com: In Advance of 2013, a Core Equity Fund Drops a Subadvisor
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Monday, December 31, 2012

In Advance of 2013, a Core Equity Fund Drops a Subadvisor


Advance Capital Management has terminated a sub-advisor agreement with Seizert Capital Partners for its Core Equity Fund.

According to the SEC filing, Seizert Capital served as sub-adviser to the Core Equity Fund from January 2, 2008 until December 31, 2012. For its services, Seizert received an annual fee from the Advisor equal to 40 basis points of the average daily net assets of the fund.

Based in Birmingham, Michigan, Seizert manages over $3 billion in core and value equity strategies.


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