Week 28: 7/7/2008-7/11/2008
  by Jennifer Mann
SSgA and Northern register single country ETFs...The Oppenheimer International Value fund will voluntarily waive a portion of its advisory fee...A group of Fidelity funds have entered into a sub-advisory agreement with Fidelity Management & Research Company U.K....Barclays Global authorizes share splits for a number of its funds...The Loomis Sayles Small Cap Value fund will be closed to new investors in an effort to preserve the strategy and agility of the fund...Robin Foley joins Robert Galusza in managing the Fidelity Advisor Short-Fixed Income and Fidelity Short-Term Bond funds (Andrew Dudley left this past February)...Michael J. Materasso joins the management team of the Franklin Total Return fund...Curtis Arledge joins the management team of the BlackRock Short-Term Bond, BlackRock Low Duration, and BlackRock Enhanced Income funds...PIMCO/Allianz and Goldman Sachs modify performance benchmarks for several of their funds...    MORE>>


Week 27: 6/30/2008-7/04/2008
  by Pamela Hill
Claymore has registered the first ETF to focus on the maritime shipping industry...SSgA files the SPDR S&P Commercial Paper ETF covering the U.S. one to three month commercial paper market...Fidelity Puritan fund changes its strategy in an effort to even out emphasis between growth and value stocks (which also results in a change to the fund's performance benchmark)...SunAmerica Focused Growth, SunAmerica Focused Small Cap Growth, and SunAmerica Focused Mid Cap Growth funds will move from a multi-manager structure to a single-manager structure...On redemptions of Class B shares purchased after June 30, 2008, Oppenheimer funds will waive the CDSC for certain retirement plans, and in conjunction with this change the funds will also modify when the dealer concession is paid on such shares...Schwab Small-Cap Equity and William Blair Small Cap Growth funds re-open to new investors...Fidelity Select Defense and Aerospace, Fidelity Select Paper and Forest Products, Fidelity Select Industrial Equipment, and Fidelity Select Insurance funds make portfolio management changes...John S. Cone will no longer help manage the Vanguard Growth and Income fund, with over $7 billion in assets, or the Vanguard Morgan Growth fund, with $9.8 billion in assets...Invesco AIM Diversified Dividend, Invesco AIM Utilities, and Invesco AIM Technology funds remove the contractual cap on total operating expenses for certain classes...Mary Jayne Maly will no longer assist with the day-to-day management of the Morgan Stanley Financial Services Trust, Morgan Stanley Health Sciences Trust, Morgan Stanley Utilities fund, Van Kampen Technology fund or the Van Kampen Utility fund...Alan McCormack and Michael Scafati join Joshua Byrne and Simon Davis on the portfolio management team to the Putnam International Equity fund, with $5.95 billion in assets...Bradford Frishberg will no longer assist Alan Gutmann in managing the JPMorgan Large Cap Value or JPMorgan Value Opportunities funds, along with two other value funds...Esposito Partners will replace BNY Investment Advisors as sub-advisor to the SPA MarketGrader ETFs...Michael P. Balkin rejoins the team managing the William Blair Small Cap Growth fund...    MORE>>