Management fees will be reduced on certain funds on July 15
The fund, which is the firm’s first foray into impact investing, aims to capitalize on research that shows firms led by women tend to be more successful financially
The funds, which will be terminated on June 28, no longer accept additional investments
Two ETF portfolio mutual funds will now invest up to 75% of their assets in foreign securities while three bond mutual funds have seen a modification to their investment strategy, among other changes
The new series to various mutual funds and ETFs will provide regular monthly cash flow within fee-based accounts
New names for two funds
Series I, Series T5 and Series T8 of several funds will be terminated in November
Firm will terminate Series NBF for four funds
Three of the new funds are actively managed funds of ETFs
Caps coming to certain fund series