The group has added the CF Miton US Opportunities Fund to its most recent prospectus and named Ford as its manager. No definite launch date could be confirmed for the product.
The London-domiciled fund will invest in smaller companies listed in the US and is benchmarked against the S&P 500. It is the asset manager’s first fund dedicated to US investments.
MAM hired Ford in September last year as its fund manager for US equities. He joined from Scottish Widows Investment Partnership and was previously the manager of the Gartmore US Smaller Companies Fund.
Commenting at the time, MAM managing director Gervais Williams said: “There are few managers within the fund management arena who have such a deep understanding of US equities and Nick’s performance track record is enviable in both the small and large cap spaces.
“Having first-hand knowledge of Nick from our time at Gartmore, we know that his approach to fund management is aligned with our process and style.”
The CF Miton US Opportunities Fund will have a minimum investment of £1,000 for retail investors with a 1% annual management charge on its post-RDR share class.
