The Markman Core Growth Fund (MTRPX), a large cap growth fund, added May 1 a share class for brokers to sell the fund on both a load and load-waived basis. The fund has a five-star rating from Morningstar for both the three- and five-year periods ending April 30, 2007, ranks in the top 1% in the Lipper Large Cap Growth Fund category over those same time periods, and as of April 30 had $62 million in net assets.
Meanwhile, State Street is set to close and liquidate the SPDR S&P Technology Hardware and SPDR S&P 500 Buyback ETFs.
It may never happen, but that hasn't stopped firms from taking preemptive steps.
The race to zero commissions, which set the $26 billion deal in motion, kicked into high gear about eight months ago.
Sponsored by Cetera Financial Group
Positive word of mouth can be your best marketing ally, but it’s not always easy to earn. Discover how a simple adjustment can make a big difference.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.