The week kicked off with a modest number of additions to the fund world.
SunAmerica has filed for the
Protected Asset Allocation Sast Portfolio, which will aim for high total return consistent with long-term capital preservation and managed volatility. The fund PMs and sub-adviser will be determined at a later date. [
SEC Filing]
Allianz is prepping the
Multi-Strategy Funds, consisting of the
Allianz AGIC Structured Alpha Fund, which will seek attractive risk-adjusted absolute returns; the
Allianz AGIC U.S. Equity - Hedged Fund, which will seek capital appreciation and protection of capital during turbulent and volatile market conditions; and the
Allianz NFJ Emerging Markets Value Fund, which will seek long-term capital appreciation. The
AGIC Structured Alpha Fund will be managed by
Greg P. Tournant,
Stephen G. Bond-Nelson, and
Trevor Taylor; the
AGIC U.S. Equity - Hedged Fund will be managed by
Greg P. Tournant and
Stephen G. Bond-Nelson; and the
NFJ Emerging Markets Value Fund will be headed by
Morley D. Campbell. [
SEC Filing]
Although the Reaper has not yet returned with any new claims of funds, one of his earlier efforts was realized last Friday.
Virtus'
Balanced Allocation Fund was liquidated effective July 20 and is no longer for sale. [
SEC Filing]
Additionally, a few funds experienced some changes.
Dreyfus'
Inflation Adjusted Securities Fund has a new primary PM,
Nate Pearson. [
SEC Filing]
BNY Mellon is changing its investment strategy for the
Small/Mid Cap Fund effective August 20. The fund seeks to provide exposure and risk comparable to the Russell 2500 Index, and pursues its investment objective of capital appreciation by investing at least 80% of its assets in small-cap and mid-cap equities. [
SEC Filing]
Invesco will rename the
Invesco Van Kampen Senior Loan Fund to "Invesco Senior Loan Fund" effective December 3, 2012. [
SEC Filing] 
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