As part of the acquisition, the Frontegra Columbus Core Fund has been merged into the Scout Bond Fund and is now named the Scout Core Bond Fund.

The Frontegra Columbus Core Plus Fund has been reorganized into the newly-established Scout Core Plus Bond Fund. Scout, through its Reams Asset Management division acquired in 2010, will continue to manage both funds.

Scout Investments said the new bond funds also complement its line-up of equity products, which include Scout Mid Cap Fund and the Scout International Fund.

Scout Investments CEO Andy Iseman said they are pleased to bring these two fixed income funds into the Scout Funds group.

"We remain committed to providing industry-leading investment solutions," Iseman said.