The Stork dropped a couple of new funds into the market today.
DFA Investment Dimensions Group [
profile] filed for its
International Social Core Equity Portfolio, which will invest in stocks of companies associated with developed market countries. The fund will be managed by
Karen Umland,
Joseph Chi,
Jed Fogdall and
Henry Gray. [
SEC Filing]
iShares [
profile] filed for a series of
Cash Rate Funds. The 14 funds which will each cover a different currency. The funds will be advised by
BlackRock Fund Advisors.
Cindy Bernhardt and
Michael Evan are responsible for the fund's daily management. [
SEC Filing]
Braver Capital Management announced in a
recent release that they will be launching their first mutual fund. The fund, which will be called the
Braver Tactical Opportunity Fund, is looking for long-term capital appreciation. The fund will be managed by
Andrew Griesinger and
Charles Toole.
"The addition of the Braver Tactical Opportunity Fund to a portfolio can offer risk controls and proactive action to help diversify from a traditional, fully-invested portfolio while still providing for the opportunity of competitive returns," Toole stated.
The Reaper took the day off, but a few funds were reorganized.
This morning,
MFWire reported that PM
John Eisinger left
Janus [
profile].
Morgan Stanley [
profile] appointed a new PM,
Burak Alici, to manage its
International Small Cap Portfolio. As of August, 8, 2012, the fund has $136 million in AUM, according to
data from
Morningstar. [
SEC Filing]
Putnam Investments [
profile] appointed
Sheba Alexander as PM to its
VT Global Utilities Fund. As of August 8, 2012, the fund has $113.4 million in AUM, according to its
profile on
Morningstar [
SEC Filing]
Charles Schwab Investment Management [
profile] plans to change the comparative index of its
Fundamental Index Funds which consist of the
US Large Company Index Fund,
US Small-Mid Company Index Fund,
International Large Company Index Fund,
International Small-Mid Company Index Fund and
Emerging Markets Index Fund. The funds, which currently use the
FTSE RAFI Index, will use the
Russell Fundamental Index. There will be corresponding changes to the fund's objective and investment strategy. [
SEC Filing] 
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