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Products July 12, 2011
Munder Launches Two Funds
Munder Capital Management has launched the Munder Integrity Mid-Cap Value Fund and Munder Integrity Small/Mid-Cap Value Fund.
Reported by Sara Kelly
Both funds opened to investors July 1, and are sub-advised by Munder Capital subsidiary Integrity Asset Management. The performance of the Munder Integrity Mid-Cap Value Fund will be benchmarked against the Russell Midcap Value Index, and the Small/Mid-Cap Value Fund against the Russell 2500 Value Index.
Munder acquired Ohio-based Integrity Asset Management earlier this year. The firm, which had $3.7 billion in assets under management as of March 31, has been named one of “The Best Managers You Never Heard Of” by PLANSPONSOR magazine, and its Small/Mid Cap Value strategy was recognized as a Bull & Bear Master Top Gun in the Small-Mid Value Universe by PSN, the investment manager database division of Informa Investment Solutions.