Munder Launches Two Funds

Munder Capital Management has launched the Munder Integrity Mid-Cap Value Fund and Munder Integrity Small/Mid-Cap Value Fund.

Both funds opened to investors July 1, and are sub-advised by Munder Capital subsidiary Integrity Asset Management. The performance of the Munder Integrity Mid-Cap Value Fund will be benchmarked against the Russell Midcap Value Index, and the Small/Mid-Cap Value Fund against the Russell 2500 Value Index.

Munder acquired Ohio-based Integrity Asset Management earlier this year. The firm, which had $3.7 billion in assets under management as of March 31, has been named one of “The Best Managers You Never Heard Of” by PLANSPONSOR magazine, and its Small/Mid Cap Value strategy was recognized as a Bull & Bear Master Top Gun in the Small-Mid Value Universe by PSN, the investment manager database division of Informa Investment Solutions.