Northwest Mutual Funds Inc. has announced name changes for three of its funds.
Effective April 11, the Northwest Growth Fund will be renamed the Northwest Canadian Equity Fund, the Northwest International Fund will be renamed the Northwest Foreign Equity Fund, and the Northwest RSP International Fund will be renamed the Northwest RSP Foreign Equity Fund.
The announcement comes just after Northwest’s most successful RRSP season in the company’s history. “By staying focused on producing high quality, low risk mutual funds Northwest has been able to grow its business during some of the worst markets in recent history” said Michael Butler, president and CEO.
In the last 12 months, Northwest say’s its market share has increased by almost 30% and net sales results have been near the top of the mutual fund industry for the last several months.