Aberdeen Emerging Markets Debt Fund
Aberdeen Emerging Markets Debt Fund seeks long-term total return by investing in investment grade and high yield emerging markets debt securities. The fund is managed using a team-based approach with Kevin Daly as the lead portfolio manager. The expense ratio is 1.45% and $1000 minimum for “A” shares.
Calvert Social Index Fund
Calvert Social Index Fund, “Y” shares, seeks to match the performance of the Calvert Social Index®, which measures the investment return of large- and mid-capitalization stocks. The management team is led by Eric R. Lessnau, of World Asset Management (the subadviser) who is the Senior Portfolio Manager. The minimum initial investment for Y class shares, which are available only through financial advisers, is $5000 for regular accounts and $2000 for IRAs. The expense ratio is 0.60% after waivers.
Cincinnati Asset Management Funds: Broad Market Strategic Income Fund
Cincinnati Asset Management Funds: Broad Market Strategic Income Fund seeks to achieve a high level of income consistent with a secondary goal of preservation of capital. They’ll pursue the goal by investing in all types of income-producing securities including fixed income securities of U.S. companies and foreign companies with significant U.S. operations or subsidiaries of foreign companies based in the U.S., preferred stock, master limited partnerships and ETFs. The management team is headed by Richard M. Balestra, CFA. The expense ratio is 0.65% and the minimum investment is $5,000 ($1,000 for tax-deferred and tax-exempt accounts, including IRA accounts).
Dynamic Energy Income Fund
Dynamic Energy Income Fund seeks to achieve high income generation and long-term growth of capital by investing in energy and utility company stocks. The Fund may invest in U.S., Canadian and other foreign companies of any size and capitalization, and in equity securities of master limited partnerships (“MLPs”) and Canadian income trusts to the extent permitted by applicable law. The Fund also seeks to provide shareholders with current income through investing in energy and utility MLPs. Portfolio managers Oscar Belaiche and Jennifer Stevenson head the management team. The expense ratio after waivers is 1.30% and the investment minimum is $2000.
Pinebridge Merger Arbritrage Fund
Pinebridge Merger Arbritrage Fund seeks capital appreciation through the use of merger and acquisition (“M&A”) arbitrage. Under normal market conditions, the Fund invests its net assets (plus the amount of borrowings for investment purposes) primarily in equity securities of companies that are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts and other corporate reorganizations (“Publicly Announced M&A Transactions”).The Fund generally invests in equity securities of U.S. Companies. The management team is led by Managing Director, Lan Cai. The minimum investment for class R shares is $2500 with a minimum for retirement accounts of $1000. The expense ratio is 1.69% after waivers.
Samson STRONG Nations Currency Fund
Samson STRONG Nations Currency Fund seeks positive returns with limited drawdowns over full market cycles. The Fund will invest in currencies, securities and instruments that are associated with strong nations. Normally the fund will invest in high-quality, short maturity sovereign bonds, provincial bonds, obligations of multilateral institutions and forward currency contracts. However The fund may also invest in other companies ( including ETFs) that provide exposure to foreign currencies and securities. The Fund will be managed by a team led by Chief Investment Officer of the Adviser, Jonathan E. Lewis. Expenses after waivers for Investor class are 1.35%; the minimum initial investment is $10,000
Scout Low Duration Bond Fund
Scout Low Duration Bond Fund seeks a high level of total return consistent with the preservation of capital. Normally The Fund will invest at least 80% of its assets in fixed income instruments of varying maturities, issued by various U.S. and non-U.S. public- or private-sector entities. These include bonds, debt securities, mortgage- and asset-backed securities (including to-be-announced securities) and other similar instruments. Up to 25% of assets may also be invested in non-investment grade securities, also known as high yield securities or “junk” bonds. The lead portfolio manager of the fund is Mark M. Egan. Expenses after waivers are 0.40% and the minimum initial investment is $1000 for regular accounts.
TWC International Growth Fund
TCW International Growth Fund seeks long term capital appreciation by investing in an all-cap portfolio of international growth stocks. The Fund may invest in companies that are not currently generating cash flow, but are expected to do so in the future in the portfolio manager’s opinion. The portfolio manager is Rohit Sah. The minimum investment is $2000 for class N regular accounts and $500 for class N IRAs. Expenses not yet set.
TIAA-CREF Social Choice Bond Fund
TIAA-CREF Social Choice Bond Fund seeks a favorable long-term total return through income and capital appreciation as is consistent with preserving capital while giving special consideration to certain social criteria. The fund primarily invests in a broad range of investment-grade bonds and fixed-income securities, including, but not limited to, U.S. Government securities, corporate bonds, taxable municipal securities and mortgage-backed or other asset backed-securities. The Fund may also invest in other fixed-income securities, including those of non-investment grade quality. The fund will be managed by Stephen M. Liberatore, CFA. The expense ratio after waivers is 0.75%. The minimum initial investment for Retail Class shares is $2,000 for Traditional IRA, Roth IRA and Coverdell accounts and $2,500 for all other account types.
