HighMark Capital Management is merging and renaming some of its funds. The changes are effective October 31.

The HighMark Fundamental Equity Fund will be folded into the HighMark Core Equity Fund and the latter will take the name HighMark Large Cap Core Equity Fund.

The Small Cap Value Fund will merge into the Small Cap Advantage Fund, and the latter will be rechristened HighMark Small Cap Core Fund.

HighMark will also merge the Diversified Equity Allocation Fund into the Capital Growth Allocation Fund, which will be known as Tactical Growth Allocation Fund.

Also, the Income Plus Allocation Fund will merge into the Growth & Income Allocation Fund. The latter will be called Tactical Growth & Income Allocation Fund. 

Correction: A previous version of this story incorrectly stated the effective date of the changes.

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