MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, April 24, 2009 A Fund Headed for Liquidation Gets Another Shot at Life The board of the Touchstone Clover Core Fixed Income fund has changed its mind regarding the fund's fate. The board previously decided to liquidate the fund, but now it has decided to tap JKMilne Asset Management as the fund's sub-advisor, succeeding Federated Investors. The fund has been renamed Touchstone Intermediate Fixed Income. "The Touchstone board of directors has rescinded the plan of liquidation enacted for the Clover Core Fixed Income Fund," according to an April 22 SEC filing. Printed from: MFWire.com/story.asp?s=21388 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |