Fund Name: |
|
Adviser: |
CNI RECF Advisors LLC |
Sub-Adviser(s): |
None specified |
Fees: |
Management fee paid at the Master Fund level - fee calculated at an annual rate of 1.25% of the Master Fund's average daily net assets. |
Open- or Closed-End: |
Closed-End (Feeder fund) |
Investor Restrictions: |
$4,000 minimum initial investment, $100 minimum subsequent investment |
Filing Date: |
June 1, 2017 |
Effective Date: |
Pending |
Fund Name: |
|
Adviser: |
Putnam Investment Management LLC |
Sub-Adviser(s): |
PanAgora Asset Management Inc. |
Fees: |
1% Management Fee |
Open- or Closed-End: |
Open-End (Mutual fund) |
Investor Restrictions: |
$500 minimum initial investment (currently waived; Putnam reserves the right to reject initial investments of less than $500 at its discretion) |
Filing Date: |
May 23, 2017 |
Effective Date: |
Pending |
Fund Name: |
|
Adviser: |
Putnam Investment Management LLC |
Sub-Adviser(s): |
PanAgora Asset Management Inc. |
Fees: |
1.3% Management Fee |
Open- or Closed-End: |
Open-End (Mutual fund) |
Investor Restrictions: |
$500 minimum initial investment (currently waived; Putnam reserves the right to reject initial investments of less than $500 at its discretion) |
Filing Date: |
May 23, 2017 |
Effective Date: |
Pending |
Fund Name: |
|
Adviser: |
Putnam Investment Management LLC |
Sub-Adviser(s): |
PanAgora Asset Management Inc. |
Fees: |
0.75% Management Fee |
Open- or Closed-End: |
Open-End (Mutual fund) |
Investor Restrictions: |
$500 minimum initial investment (currently waived; Putnam reserves the right to reject initial investments of less than $500 at its discretion) |
Filing Date: |
May 23, 2017 |
Effective Date: |
Pending |
Fund Name: |
|
Adviser: |
Vivaldi Asset Management LLC |
Sub-Adviser(s): |
RiverNorth Capital Management LLC and Angel Oak Capital Advisors LLC |
Fees: |
Management fee payable on a monthly basis at the annual rate of 1.4% of the Fund's average daily Managed Assets. |
Open- or Closed-End: |
Closed-End (Exchange traded) |
Investor Restrictions: |
$1,500 minimum initial investment, $500 minimum subsequent investment |
Filing Date: |
May 22, 2017 |
Effective Date: |
Pending |
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.