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Thursday, July 06, 2017|
New Fund Fuss - July 6, 2017
Company: WisdomTree Asset Management
New Fund: WisdomTree U.S. Multifactor Fund (USMF)
On June 29, Wisdom Tree launched their U.S. Multifactor Fund on the BATS exchange. USMF is designed to track the price and yield performance of the WisdomTree U.S. Multifactor Index and has a net expense ratio of 28 basis points.
Company: Griffin Capital Company LLC
Milestone: Griffin Institutional Access Real Estate Fund
On June 29, The Griffin Institutional Access Real Estate Fund had its third year anniversary celebrating three years of positive performance. From the time of inception to May 31, 2017, the fund generated a cumulative return of 23.07 percent and an annualized return of 7.38 percent on average. It now has $1.7 billion in AUM.
Company: Guggenheim Investments
Fee Reduction: Guggenheim S&P 500 Equal Weight ETF
On June 30, Guggenheim halved the management fees of their $13 billion ETF from 40 bps to 20 bps.
To learn more about recent fund launches, check our most recent New Fund Fuss here. For information about SEC filings or new hires, check out our latest Filings For Fundsters and Follow the Fundsters columns, respectively. For job opportunities in the industry, explore our The Next Gig column. If you have a fund filing that you would like to point out, a mutual fund launch, product change or new hire that you would like to announce, please contact the MFWire team at firstname.lastname@example.org.
Printed from: MFWire.com/story.asp?s=56597
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