Insight July 2012 Monthly Update

This issue of Insight updates our in-depth examination of the retail multi-series universe, monitoring the asset growth and pricing trends in an increasingly fragmented mutual fund industry. We examine the ingredients of the “alphabet soup,” paying particular heed to areas of growth and the development of hybrid sub-series’ that combine aspects of two or more fund series. The coverage of the multi-series landscape begins with an overall look at the growth and structure of the non-core (non-A-series) classes, followed by individual capsules for each series. The coverage concludes with an appendix showing the series offered by each mutual fund sponsor along with a drill-down into the asset breakdown and pricing of each series.