American Beacon The London Company Income Equity Fund
American Beacon The London Company Income Equity Fund (ABCVX) will pursue current income, with a secondary objective of capital appreciation. The plan is to invest in a wide variety of equity-linked securities (common and preferred stock, convertibles, REITs, ADRs), with the option of putting up to 20% in investment-grade fixed income securities. Their stock holdings focus on profitable, financially stable, core companies that focus on generating high dividend income, are run by shareholder-oriented management, and trade at reasonable valuations. The fund will be managed by a team headed by Stephen Goddard, The London Company’s chief investment officer. The minimum investment is $2500 and the expense ratio for Investor Class shares is 1.17% after waivers.
Pathway Advisors Conservative Fund
Pathway Advisors Conservative Fund will seek total return with a primary emphasis on income and a secondary emphasis on growth. It will be a fund-of-funds (including mutual funds, ETFs, CEFs, and ETNs) which will target 20-30% exposure to stocks and 70% to 80% to bonds and money market securities. The underlying funds might invest in foreign and domestic stocks of all sizes, REITs, high yield bonds, commodities, emerging market debate, floating rate securities and options. They can also invest in funds which short the market and up to 15% of the portfolio may be in illiquid assets.. The fund will be managed by David Schauer of Hanson McClain Strategic Advisors. The investment minimum is $2500 and the expenses have not yet been set.
Pathway Advisors Growth and Income Fund
Pathway Advisors Growth and Income Fund will seek total return through growth of capital and income. It will be a fund-of-funds (including mutual funds, ETFs, CEFs, and ETNs) which will target 60% exposure to stocks and 40% to bonds and money market securities. The underlying funds might invest in foreign and domestic stocks of all sizes, REITs, high yield bonds, commodities, emerging market debate, floating rate securities and options. They can also invest in funds which short the market and up to 15% of the portfolio may be in illiquid assets.. The fund will be managed by David Schauer of Hanson McClain Strategic Advisors. The investment minimum is $2500 and the expenses have not yet been set.
Pathway Advisors Aggressive Growth Fund
Pathway Advisors Aggressive Growth Fund will seek total return through a primary emphasis on growth with a secondary emphasis on income. It will be a fund-of-funds (including mutual funds, ETFs, CEFs, and ETNs) which will target 95% exposure to stocks and 5% to bonds and money market securities. The underlying funds might invest in foreign and domestic stocks of all sizes, REITs, high yield bonds, commodities, emerging market debate, floating rate securities and options. They can also invest in funds which short the market and up to 15% of the portfolio may be in illiquid assets.. The fund will be managed by David Schauer of Hanson McClain Strategic Advisors. The prospectus enumerates 24 principal and non-principal risks, no one of which “the fund manager has never run a mutual fund before and has no public performance record.” But it should be. The investment minimum is $2500 and the expenses have not yet been set.
TacticalShares Multi-Sector Index Fund
TacticalShares Multi-Sector Index Fund will seek to achieve long-term capital appreciation. It will be a tactical asset allocation fund which will invest in four global equity sectors: 1) U.S. equity market, 2) non-U.S. developed market, 3) emerging markets, and 4) the natural resources market. The fund will invest in a collection of ETFs to gain market exposure. Its neutral allocation places 25% in each sector, but they plan on actively managing their exposure. The allocation is reset on a monthly basis depending on market conditions. The portfolio will be managed by a team headed by Keith C. Goddard, CFA, President, CEO and Chief Investment Officer for Capital Advisors of Tulsa, OK. The minimum investment is $5000 for regular accounts, $500 for retirement plan accounts and $1000 for automatic investment plans. There is a redemption fee of 1% for funds held less than 30 days and the expense ratio after waivers is 1.9%.
William Blair International Leaders Fund
William Blair International Leaders Fund will seek long-term capital appreciation by investing in the stocks (and, possibly, convertible shares) of companies at different stages of development, although primarily in stocks with a market cap greater than $3 billion.The Fund’s investments will be divided among Continental Europe, the United Kingdom, Canada, Japan and the markets of the Pacific Basin. It may invest up to 40% in emerging markets, which would be about twice the normal weighting of such stocks. George Greig, who also managed William Blair Global Growth and William Blair International Growth, and Kenneth J. McAtamney, co-managed of Global Growth, will co-manage the Fund. The expense ratio will be 1.5% after waivers, and there will be a 2% redemption fee on shares held fewer than 60 days.
