Contravisory Investment Management is planning to unveil a new mutual fund, The Patriot Ledger reports. The Contravisory Strategic Equity Fund will launch with about $5 million in assets and increase it to $20 million by the end of 2011.
The vehicle is currently being marketed to existing clients of the firm. The fund will also be available through online trading systems run by Charles Schwab & Company and Fidelity Investments.
Click here for the story from The Patriot Ledger.