Virtus Opportunities Trust corrects subadvisers for four funds

By Tali David

Minneapolis, March 13 - Virtus Opportunities Trust announced in a 497 filing with the Securities and Exchange Commission corrections in the trust's prospectus concerning the subadvisers and fees of some of its funds.

The table showing the subadvisers for the Virtus AlphaSector Rotation Fund, Virtus Dynamic AlphaSector Fund, Virtus Global Premium AlphaSector Fund and Virtus Premium AlphaSector Fund have been corrected to add subadviser Euclid Advisors LLC.

F-Squared Institutional Advisors, LLC still serves as a subadviser to the funds.

In addition, the F-Squared subadvisery fee for the Virtus AlphaSector Rotation Fund is also corrected to 0.20% on the first $1 billion and 0.175% over $1 billion. The prospectus had specified F-Squared's fee as 50% of the net investment management fee.

The Euclid subadvisory fee remains unchanged.

The funds' investment adviser is Hartford-based Virtus Investment Advisers, Inc.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.