The two dealers will pay slightly less than $11 million to resolve allegations that clients paid excess fees
New portfolio managers for two mutual funds
The mutual fund company is capping, reducing the management fees of and consolidating and renaming certain fee-based series
Names changes announced for four funds
The changes affect administrative and management fees, as well as risk ratings
Fees for certain series of NBI funds and Meritage Portfolios will be reduced
Lower fees or risks ratings for three Franklin LibertyShares ETFs
New information aims to help investors determine whether a higher-cost, actively managed mutual fund fits their investment goals better than a lower-cost alternative
The firm has also made Private Wealth series accessible to more investors
Mutual fund dealer announces fee reductions of between 0.05% and 0.30%