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Kobren Group introduces new fund

The Kobren Insight Group has introduced the Kobren Delphi Value Fund. The fund will be managed by Scott Black, president of Delphi Management, who for the past 19 years has managed accounts for institutional, pension and endowment clients.

Eric Kobren, founder and president of Kobren Insight Group, said that Black intends to apply the same investment strategy that he uses on his private accounts.

The Kobren Delphi Value Fund has no load and no transaction fee and is available directly through major mutual fund networks. Minimum initial investment is $2,500.