Enterprise launches first sector fund

The Enterprise Group of Funds has opened its first sector fund, the Enterprise Global Financial Services Fund. The subadviser will be Sanford C. Bernstein & Co. The fund is Enterprise's 14th and will invest in financial services in the U.S. and abroad, including developed markets represented in the Morgan Stanley Capital International Europe, Australia, Far East Index. No emerging markets investments will be made. The minimum initial investment is $1,000.