A small mutual fund with a strong track record - orphaned from its distributor because of troubles in the insurance industry - appears to have found a new home.

The MAP-Equity fund, a 38-year-old fund with a four-star rating from Morningstar, will become part of the MainStay funds in June, according to regulatory filings. The investment adviser to MAP-Equity, Markston Investment Management of White Plains, N.Y., will continue to manage the fund but will rely on MainStay for distribution, according to documents which the companies have filed with the SEC.

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