New Public Alternative Funds - August, 2017
Fund Name: |
|
Adviser: |
Westchester Capital Management LLC |
Sub-Adviser(s): |
None |
Fees: |
1.25% Management Fee |
Open- or Closed-End: |
Open-End (Mutual fund) |
Investor Restrictions: |
$2,000 minimum initial investment, no minimum subsequent investment (Investor Class Shares); $1 million minimum initial investment, $500 minimum subsequent investment (Institutional Class Shares) |
Filing Date: |
Aug. 8, 2017 |
Effective Date: |
Pending |
Fund Name: |
|
Adviser: |
OFI SteelPath Inc. |
Sub-Adviser(s): |
Not specified |
Fees: |
Not specified |
Open- or Closed-End: |
Open-End (Mutual fund) |
Investor Restrictions: |
$1,000 minimum initial investment; $500 minimum initial investment for Traditional and Roth IRA, Asset Builder Plan, Automatic Exchange Plan and government allotment plan accounts; $1 million minimum initial investment for Class I shares; No minimum subsequent investment |
Filing Date: |
Aug. 1, 2017 |
Effective Date: |
Pending |
Fund Name: |
|
Adviser: |
T. Rowe Price Associates, Inc. |
Sub-Adviser(s): |
None |
Fees: |
Not specified |
Open- or Closed-End: |
Open-End (Mutual fund) |
Investor Restrictions: |
$2,500 minimum initial investment ($1,000 for retirement accounts), $100 minimum subsequent investment (Investor Class); $1 million minimum initial investment, no minimum subsequent investment (I Class); Advisor Class shares may generally only be purchased through a financial intermediary or retirement plan. |
Filing Date: |
July 6, 2017 |
Effective Date: |
Pending |
Fund Name: |
|
Adviser: |
Highland Capital Management Fund Advisors, L.P. |
Sub-Adviser(s): |
Not specified |
Fees: |
0.4% Management Fee |
Open- or Closed-End: |
Open-End (Mutual fund) |
Investor Restrictions: |
$500 minimum initial investment by mail ($1,000 by wire), $100 minimum subsequent investment by mail ($1,000 by wire) for Class A and C Shares; No minimum initial or subsequent investment amounts for Class Y Shares. |
Filing Date: |
June 30, 2017 |
Effective Date: |
Pending |
Fund Name: |
|
Adviser: |
Highland Capital Management Fund Advisors, L.P. |
Sub-Adviser(s): |
Not specified |
Fees: |
0.65% Management Fee |
Open- or Closed-End: |
Open-End (Mutual fund) |
Investor Restrictions: |
$2,500 minimum initial investment; $50 minimum subsequent investment |
Filing Date: |
June 30, 2017 |
Effective Date: |
Pending |
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.