Hancock Investment Services has opened Hancock Horizon Mutual Funds, originally a proprietary fund complex, to the public, the company announced today. The four funds currently hold approximately $340 million in assets.
Three of the funds, the Hancock Horizon Treasury Securities Money Market Fund, the Hancock Horizon Strategic Income Bond Fund and the Hancock Horizon Value Fund, were established in May 2000. The fourth, the Hancock Horizon Growth Fund, was added in January 2001, and the firm is now planning to add a small-cap regional fund.
The funds have a minimum investment of $1,000, and are distributed by SEI Investments Distribution Co.