Niemann reduces Tactical Return Fund's shareholder servicing plan fee

By Tali David

Minneapolis, Dec. 14 -Niemann Capital Management said it has reduced the Niemann Tactical Return Fund's shareholder servicing plan fee to 0.15% of its average daily net assets from 0.50%, according to a press release.

Niemann said the decrease to the shareholder servicing plan fee is for an indefinite period and notification will be provided in advance of any future increase.

Based in Scotts Valley, Calif., Niemann Capital Management is the investment adviser to the fund.

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