MutualFundWire.com: New Fund Fuss -- July 13, 2016
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Wednesday, July 13, 2016

New Fund Fuss -- July 13, 2016


Company: AdvisorShares

New Fund(s): AdvisorShares Cornerstone Small Cap ETF

According to this press release, this ETF, subadvised by Cornerstone Investments, "seeks to provide total return through long-term capital appreciation and current income." The fund began trading on July 7.

Company: T. Rowe Price

New Fund(s): Global Consumer Stock Fund

According to this press release, the goal of this fund will be to give "long-time growth of capital" by investing in consumer staples and consumer discretionary companies.

Company: Global X Funds

New Fund(s): Conscious Companies ETF

According to this press release, this ETF tracks Concinnity Advisors' proprietary index. Its purpose is to identify companies that have had positive outcomes for all different shareholders.

Company: Moerus Capital Management LLC

New Fund(s): Moerus Worldwide Value Fund

According to this press release, the fund, managed by PM Amit Wadhwaney, is available to institutional and retail investors.

Company: SolidX Partners Inc.

New Fund: SolidX Bitcoin Trust

According to this press release, the fund aims to show shareholders the daily change in the U.S. dollar price of bitcoin, which is measured by the TradeBlock XBX Index.

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To learn more about recent fund launches, check our most recent New Fund Fuss here. For SEC filings, check out our latest Stork and Reaper column here. If you have a fund filing that you would like to point out, or a mutual fund launch or product change that you would like to announce, please contact the MFWire team at editors@investmentwires.com.


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