Week 33: 8/16/2010-8/20/2010
  by Jennifer Mann and Pamela Hill
The JPMorgan Diversified fund will lower its maximum front-end sales charge for Class A shares from 5.25% to 4.50%...Edward A. Moody will no longer serve on the portfolio management team to the Western Asset Core Bond and Western Asset Core Plus Bond funds (along with three other Legg Mason Western Asset funds)...Nelson Louie re-joins Credit Suisse to help manage the Credit Suisse Commodity Return Strategy fund, replacing Andrew Karsh on the portfolio management team to the fund…Many Columbia and RiverSource funds, including Seligman and Threadneedle funds, make plans to reorganize into existing Columbia funds, while many other RiverSource funds are renamed to reflect their affiliation with the Columbia family of funds...Howard Capital Management will replace Schreiner Capital Management on the sub-advisory team to the CMG Absolute Return Strategies fund...Boyd Watterson Asset Management will become an additional sub-advisor to the American Independence Financial Services NestEgg Target Date funds, pending shareholder approval...Dimensional Fund Advisors files the DFA Commodity Strategy fund, investing in commodity-linked derivative instruments and fixed income investment opportunities...ALPS Advisors registers the ALPS/Kotak India Growth fund to be sub-advised by Kotak Mahindra (UK) Limited, a part of the diversified financial services company Kotak Mahindra Group based in Mumbai, India...Global X Management files the Global X Gold Explorers ETF…The Fidelity Dynamic Strategies fund may now invest up to 25% of assets in commodity-related ETFs and ETNs and other commodities and commodity-linked investments through a wholly-owned subsidiary...The Columbia Retirement target date series will be liquidated...   MORE>>


Week 32: 8/9/2010-8/13/2010
  by Jennifer Mann and Pamela Hill
The Columbia Acorn International and Columbia Acorn International Select funds will no longer assess a redemption fee...The JPMorgan Market Expansion Index fund will reduce its CDSC for Class A shares...SEI funds implement redemption fees...First Trust Advisors files the First Trust Preferred Securities & Income fund, to be sub-advised by Stonebridge Advisors, and the First Trust Confluence Small Cap Value fund, to be sub-advised by Confluence Investment Management...Federated, Nuveen, and SteelPath Fund Advisors each register a closed-end fund...Sam Polyak joins the team managing the Fidelity Series Emerging Markets fund...Stephen Thomas replaces Erik Granade on the portfolio management team to the Invesco Van Kampen Global Franchise, Invesco Van Kampen Global Equity Allocation, Invesco International Core Equity, and Invesco Global Core Equity funds...The Fidelity Advisor Latin America fund will reorganize into the Fidelity Latin America fund...The Fidelity Southeast Asia fund is no longer an underlying fund for each Fidelity Freedom K fund...The Vanguard Explorer, Vanguard U.S. Value, and Vanguard Market Neutral funds have restructured their investment advisory teams, removing AXA Rosenberg Investment Management as an investment advisor...Barrow Hanley Mewhinney & Strauss LLC will replace AXA Rosenberg Investment Management LLC on the sub-advisory team to the Principal International Value I fund...Four Claymore ETFs make plans to liquidate...Columbia and RiverSource funds continue to make changes this week in an effort to integrate the fund family...    MORE>>


Week 31: 8/2/2010-8/6/2010
  by Jennifer Mann and Pamela Hill
American Funds registers the American Funds Mortgage Fund and the American Funds Tax-Exempt Fund of New York...The MainStay High Yield Corporate Bond and MainStay ICAP Select Equity funds will modify their advisory and sub-advisory fees, and the MainStay Large Cap Growth fund will modify its advisory fee...Curtis Arledge leaves the management teams of several BlackRock funds (including the BlackRock Total Return and the BlackRock Total Return II funds)...U.S. Bancorp entered into an agreement to sell a portion of FAF Advisor’s asset management business to Nuveen Investments...The Grisanti Brown Value fund liquidates...The Invesco PowerShares VRDO Tax-Free Weekly fund will amend its investment objective to seek investment results that correspond (before fees and expenses) generally to the price and yield performance of an index called the Bloomberg US Municipal AMT-Free Weekly VRDO Index (previously, the fund used the Thomson Municipal Market Data VRDO Index as an underlying index)...The USAA Balanced Strategy, USAA Total Return Strategy, and USAA Global Opportunities funds announced a new sub-advisory agreement with QS Investors (a separate investment advisory firm spun off of the funds' current sub-advisor, Deutsche Investment Management Americas Inc.)...   MORE>>