Fund shifting to separately managed mutual fund
MD Funds Management today announced that MD International Value Fund will move from a fund-on-fund structure to a separately managed mutual fund, effective February 22.
MD Funds says a separately managed account structure is consistent with the majority of the funds in the MD family of mutual funds.
Brandes Investment Partners L.P. will continue to advise on the international equities in the fund with Howson Tattersall Investment Counsel managing the cash portion of the fund.
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