Bringing you live news and features since 2006 

Bryn Mawr Trust launches SEC-registered mutual fund

RELATED TOPICS​

Bryn Mawr Bank Corporation, parent of Bryn Mawr Trust (BMT), announced today that it has formed a new subsidiary, BMT Investment Advisers, and launched an SEC-registered mutual fund, the BMT Multi-Cap Fund (the Fund).

“We are extremely excited and optimistic about the launch of the BMT Multi-Cap Fund,” says Frank Leto, President & CEO of Bryn Mawr Trust. “It allows BMT to offer our strategic investment expertise to the mass market with this broadly diversified mutual fund focused on equity investments. The Fund streamlines our investment process and will allow us to serve even more clients, expanding our opportunity to become a trusted advisor to more investors.”
 
Gary Madeira, Executive Vice President and head of BMT’s Wealth Management Division, adds: “In addition to better serving clients across the Wealth Management Division, the BMT Multi-Cap Fund will provide clients who have investable assets that are less than our standard minimum with the opportunity to invest in our proprietary investment strategy in a fully diversified way. It will offer daily pricing and seek to provide liquidity, while adhering to strict standards of regulatory oversight.”
 
The BMT Multi-Cap Fund is a series trust under BMT Investment Funds (a Delaware Statutory Trust) and is managed by BMT Investment Advisers.
 
Ernest Cecilia, Senior Vice President and Chief Investment Officer at BMT, and Andrew Keefer, Senior Vice President and Director of Equity Research at BMT, are the portfolio managers primarily responsible for the day-to-day management of the Fund.
 
The Fund is long-only and will seek to provide long-term capital appreciation and a moderate level of current income by investing in equity securities of publicly traded companies across the full capitalisation strata: large, mid, and small-cap firms.
 
The equity securities in which the Fund will invest can include common stocks, preferred stocks, convertible securities, and securities of other investment companies. Under normal market conditions, the Fund will invest at least 80 percent of its net assets in equity securities of publicly traded companies.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
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