The investment manager discontinued its goals-based investing program
Equity ETFs drove first-half sales, while mutual funds rose thanks to money market funds
Both funds have low risk ratings
The fund uses short positions to mitigate downside risk in equities markets
The fund invests in bonds from issuers addressing social and environmental issues
Firm looks to grow its U.S. business, upgrade product lineup and boost distribution
The firm cited a “falling demand” for deferred sales charge options
Valuation concerns are driving the sharp increase in global mutual fund redemption suspensions
Both product categories recorded net sales of $2.6 billion
The fund is inspired by insights and research from aging expert Joseph Coughlin