Blog

Part 2 - Launching a ’40 Act Mutual Fund: Top 5 FAQs

May 22, 2018 10:00:00 AM  |  '40 Act , Fund Structure

In part 1, we reviewed the considerations for long-term success when launching a fund, not just the immediate costs to organize and operate a fund. In the next two parts, we answer the top 10 questions that are most frequently asked by advisers exploring a mutual fund launch. As with any undertaking of this magnitude, there can be lots of questions and lots of variables to consider. These two blog posts will address typical questions and provide high level answers based on an open-end mutual fund launch.  

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A Mutual Fund Structure Whose Time Has Come? Let’s talk about Interval Funds

Jan 23, 2018 10:00:00 AM  |  '40 Act , Fund Structure

[Dave Carson, Director of Client Strategies, recently spoke with Bill Hortz, Dean of the Institute for Innovation Development, to discuss his perspective on the growing interest in interval funds. Is the investment product inherently a negative (a more expensive, restrictive mutual fund) - or a positive (a more liquid, less expensive alternative product)? Read the full article to learn more about an interval fund’s structure and the value it can offer for investment advisers.]

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Ultimus' Top Blog Posts of 2017

Jan 9, 2018 10:31:38 AM  |  Middle Office , Distribution , Fund Structure , '40 Act

In 2017 Ultimus launched a blog, publishing educational and insightful information every two weeks to help investment advisers manage various aspects of their firm. Written by internal subject matter experts at Ultimus, the blog posts cover current industry topics including mutual fund distribution, marketing, compliance, middle office and fund operations, industry trends and more. In case you missed the posts, we've gathered the six most popular ones in 2017 for you.

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Conversion Considerations for Investment Managers – 5 Reasons to Convert from a Private Fund to a Mutual Fund Today

Nov 14, 2017 9:30:00 AM  |  '40 Act , Fund Structure

Has the idea of converting a private fund into a mutual fund ever crossed your mind? Or, are you worried that there are too many complexities involved in a conversion? The decision for investment advisers to convert a private fund to a mutual fund doesn’t have to be difficult. The choice to do a conversion is dependent upon what you, as the adviser, want to accomplish, what your investors expect from their investment and whether your strategy will work in a mutual fund structure.  

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Is Your Series Trust the Wrong Fit?

Aug 22, 2017 2:28:40 PM  |  '40 Act , Fund Structure , Industry

The wide acceptance of operational outsourcing among fund managers combined with the continued pressures to reduce fund expenses have led to an increasing preference for the multi-series trust (“series trust”) structure.  This structure allows fund managers to spend less time worrying about the day-to-day operational tasks associated with fund administration and can instead focus more time on portfolio management and asset gathering. But, how do you know that you are choosing the right trust?

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Collective Investment Trusts are Making a Comeback: Seizing the Opportunity

Jun 27, 2017 2:29:00 PM  |  Fund Structure

A relatively long-established pooled investment product, the CIT, is making a re-emergence and many advisers are considering this option as another means to expand distribution capabilities. Collective investment trusts (CITs), also known as collective investment funds, are operated by a bank or trust company and handle a group of pooled trust accounts. A CIT offering can present a substantial growth opportunity for an advisory firm if it fits into the business model and strategy.

To help advisers understand the characteristics and potential opportunity of CITs, we highlight the reasons for their recent comeback, outline the benefits of CITs, compare them to a familiar counterpart - mutual funds, and bring to light some limitations. For these valuable insights, read the full article here

Collective Investment Trusts

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Thinking of Launching a Mutual Fund? How to Choose the Right Structure - Comparing Series Trusts to Standalone Trusts

May 30, 2017 11:29:06 AM  |  '40 Act , Fund Structure

Making the Right Decision for Your Business

As the mutual fund business continues to grow, more and more firms are choosing to venture into the industry by launching their own funds. However, there is no guarantee of success in this newly hyper-competitive market.  Certain decisions must be made along the way to ensure success for your fund. Organizing into a series trust or starting a standalone trust is one such decision.

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Gaining Scale and Efficiency in Your SMA Strategy

Apr 18, 2017 9:48:54 AM  |  '40 Act , Fund Structure , Distribution
How Launching a Mutual Fund Can Help Advisers Manage More Effectively - 

While the mutual fund asset pool continues to grow, fund managers are also seeing increases in money put into Separately Managed Accounts.  With gross assets – or Regulatory Assets Under Management – near $38 trillion, according to the Investment Adviser Association, SMAs have reached levels not seen since before the financial crisis. 

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