Catalyst Funds to Acquire Exceed Defined Shield Fund

June 21, 2017

On June 13, 2017, Catalyst Funds announced that it will acquire Exceed Defined Shield Index Fund, which tracks the performance of the NASDAQ Exceed Defined Protection Index.

As part of the acquisition, Catalyst Funds will rebrand Exceed Defined Shield Index Fund as the Catalyst Exceed Defined Shield Fund (“SHIIX”). However, SHIIX will maintain its predecessor’s investment strategy. After the acquisition, SHIIX will be the second fund co-advised by Exceed and Catalyst Funds.

Catalyst Funds is an alternative-focused mutual fund company that currently offers 25 funds, which are managed through a mix of in-house portfolio managers and boutique institutional investment managers.

To read the press release: please click here.


Mutual Fund M&A, Transactions