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Tuesday, June 3, 2008

Federated Sees Value in the Global Economy

by: Erin Kello

Federated Investors has launched a new fund that will take advantage of value opportunities in the global marketplace. The Federated International Strategic Value Fund will have three share classes, A, C and IS. The fund will be marketed through broker/dealers, bank broker/dealers and other financial intermediaries.


Company Press Release

(PITTSBURGH, Pa., June 3, 2008) – Federated Investors, Inc. (NYSE: FII), one of the nation’s largest investment managers, today announced the launch of the Federated International Strategic Value Fund, which seeks to invest in the securities of undervalued companies that pay above-average dividends to meet investor needs for income and long-term capital appreciation. The fund will invest a majority of its assets in foreign securities, primarily those of developed markets including the European Union, the United Kingdom and Australia.

Federated International Strategic Value Fund is managed by Walter C. Bean and Daniel Peris, who also manage Federated Strategic Value Fund, a largely domestic fund that also focuses on income and long-term capital appreciation. The fund’s managers employ a bottom-up, fundamental investment approach.

“The tremendous growth of the global economy remains compelling for investors who not only seek portfolio diversification, but also income opportunities that exist in the foreign marketplace,” said John B. Fisher, president and CEO of Federated’s advisory companies.

“Federated International Strategic Value Fund bolsters our equity offerings and leverages the talents of a management team experienced in dividend-paying stock selection.”

Federated will market Federated International Strategic Value Fund in A, C and IS share classes through broker/dealers, bank broker/dealers and other financial intermediaries. A minimum investment of $1,500 is required for A and C share classes with subsequent investments of $100. A minimum investment of $25,000 is required for IS shares. For A, C and IS shares there is no minimum investment for retirement plans; for IRA plans there is a $250 minimum initial investment and a $100 subsequent investment. Federated Investors, Inc. is one of the largest investment managers in the United States, managing $338.5 billion in assets as of March 31, 2008. With 147 mutual funds and various Federated Launches International Strategic Value Fund separately managed account options, Federated provides comprehensive investment management to more than 5,400 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. For more information, visit FederatedInvestors.com.

Certain statements in this press release, such as those related to the successful launching, management, growth and results of the new Federated International Strategic Value Fund, constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the company to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Among other risks are the ability to successfully sell and manage the new fund or to achieve solid investment results, as well as the risk factors discussed in the company’s annual and quarterly reports as filed with the Securities and Exchange Commission. Many of these factors may be impacted as a result of the ongoing threat of terrorism. As a result, no assurance can be given as to future results, levels of activity, performance or achievements, and neither the company nor any other person assumes responsibility for the accuracy and completeness of such statements in the future. For more complete information, visit FederatedInvestors.com or contact your investment professional for prospectuses. You should consider the fund’s investment objectives, risks, charges and expenses carefully before you invest. Information about these and other important subjects is in the fund’s prospectus, which you should read carefully before investing. Past performance is no guarantee of future results. Mutual funds are subject to risks and fluctuate in value. Diversification does not assure a profit nor protect against loss.

International investing involves special risks including currency risk, increased volatility of foreign securities, political risks and differences in auditing and other financial standards. Prices of emerging markets securities can be significantly more volatile than the prices of securities in developed countries. Federated separately managed accounts are made available through Federated Global Investment Management, Federated Investment Counseling and MDT Advisers, each a registered investment advisor. Federated Securities Corp., Distributor. 

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