Munder Capital Management has launched the Munder Integrity Mid-Cap Value Fund and the Munder Integrity Small/Mid-Cap Value Fund, both of which are sub-advised by subsidiary Integrity Asset Management, a value specialist that Munder acquired earlier this year.

“The portfolio management team at Integrity Asset Management has been recognized by the investment industry for the discipline of its value approach and for the success of its small and mid-cap strategies,” said Jim FitzGerald, president and chief operating officer of Munder. “Munder’s launch of these two new funds allows us to help leverage their exceptional expertise, and provides a compelling expansion of our small- and mid-cap fund offerings.”

The mid-cap fund will be benchmarked against the Russell Midcap Value Index, and the small/mid-cap fund will be benchmarked against the Russell 2500 Value Index.

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