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  • A storied name, but ...
    Use of the Lebenthal name

    The Fund’s use of the Lebenthal name is pursuant to a Trademark License Agreement between Lebenthal Partners, LLC and the Advisor. Neither the Trust, the Trustees, or the Advisor are affiliated with Lebenthal Partners, LLC.
  • That's certainly reassuring. Let's send our money to some outfit who just rents even it's name. Good grief!
  • edited October 2019
    Old_Joe said:

    That's certainly reassuring. Let's send our money to some outfit who just rents even it's name. Good grief!

    Maybe it invests in synthetic securities as well.:)

    Found this explanation at Investopedia :

    “Imagine ... an institutional investor that wants a convertible bond for a company that has never issued one. To fulfill this market demand, investment bankers ... create a synthetic convertible (by) purchasing the parts - in this case bonds and a long-term call option - to fit the specific characteristics that the institutional investor wants.”

    https://www.investopedia.com/terms/s/synthetic.asp
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