Bringing you live news and features since 2006 

Huntington launches World Income Fund


Huntington Funds has launched the Huntington World Income Fund, which uses an asset allocation strategy designed to maximise current income while conserving capital for investors.

The new fund is an addition to the Huntington Funds family of mutual funds and money market offerings. Both trust shares (Ticker: HWITX) and A-shares (Ticker: HWIAX) are available.

"At Huntington Funds, we have an established team of experts with access to a world of income alternatives. As a result, the Huntington World Income Fund has the flexibility to take advantage of what we believe are the best income opportunities, wherever they may be found," says Randy Bateman (pictured), Huntington’s chief investment officer and president of the Huntington Asset Advisors (HAA). "Huntington World Income Fund managers have the flexibility to invest in individual bonds issued by governments and companies, both foreign and domestic, seeking attractive yield opportunities. Unlike other yield-focused funds, which typically turn first – and often solely – to bonds, our Fund managers recognise that bonds are just one tool that’s available."

The Fund managers also can invest in bond exchange-traded funds (ETFs), preferred stocks and more specialised securities like Real Estate Investment Trusts (REITs) and Master Limited Partnerships (MLPs). These securities also have historically provided current income at rates that have outpaced more traditional asset classes.

Huntington Asset Advisors, Inc, the investment advisor to the Fund, primarily allocates the Huntington World Income Fund’s assets among the following major asset classes: dividend-paying equities of any market capitalisation; domestic and foreign bonds; bond exchange traded funds ("Bond ETFs"); and derivatives.

The World Income Fund is Huntington Funds’ 25th fund, which complements its family of equity, fixed-income, money market and asset allocation funds. These funds offer a broad range of diversification to enhance overall investment returns.
The investment managers of Huntington Funds include some of the most experienced people in the industry. On average the investment professionals of HAA have worked for more than 25 years in the investment business.

The World Income Fund will leverage unique expertise from five fund managers: Randy Bateman, small cap equity markets and fund strategy; Paul Attwood, emerging markets equity and fixed income selections; Chip Hendon, hedging and option strategies; Madelynn Matlock, international equity markets; and Ronald Weiner, trading and direction of fixed income component.

"Many emerging economies are committed to building infrastructure and creating new opportunities for local entrepreneurs. These same improvements encourage large domestic blue-chip companies to expand subsidiary operations internationally and engage in worldwide trade," says Attwood. "These positive changes in the world are creating potential growth opportunities for investors."

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by