* Analyzes how
fund holding preferences differ across asset classes.
Two relatively pure showbiz funds are Fidelity Select Multimedia (FBMPX), an actively managed traditional open-end mutual
fund holding about 60 stocks, and PowerShares Dynamic Media Portfolio (PBS), an exchange-traded fund (ETF) based on an index of 30 media companies.
After the official launch of the venture capital fund, Ward Hadaway will continue to advise the
fund holding fund company on issues as and when required.
Foreign firms subscribed to about eight per cent of the new stocks, with Artio International Equity
Fund holding the largest stake of seven per cent of the preferred stock, worth around 14.2 million leva, as much as it holds of the company's Class A shares.
Rowe Price Small-cap Stock (OTCFX; small blend), Templeton Foreign (TEMFX), and Van Kampen Equity and Income (ACEIX; a balanced
fund holding large value stocks and bonds).
"The abolition of
fund holding now puts this all at risk again," the MP said.
Fiskars' only investment
fund holding left was a minor stake in the American AEA fund, the company added.
In February, Saga Investment Direct linked with specialist fund manager RAB Capital to offer its members discounted charges on investments in two funds: the Hedged Investment
Fund holding mainly UK and European stocks and the Income Plus Fund, holding European corporate bonds.
According to Morningstar Inc., located in Chicago, Metropolitan West Total Return Bond Fund (MWTRX) is a five-star
fund holding those types of bonds.
Ilmarinen will own 33% of the new firm with Kesko Pension
Fund holding the remainder.
M2 EQUITYBITES-November 12, 2018-Enbridge Closes Acquisition of Enbridge Income
Fund Holdings