MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, January 21, 2010 Nuveen Joins the Emerging Markets Party With all the press about emerging market funds' outstanding 2009, it's not surprising that fund companies are filling out their line-ups with the international funds. Thursday, Nuveen Investments introduced two new funds, including its first emerging markets fund. The Tradewinds Emerging Markets Fund and Nuveen Tradewinds Global All-Cap Plus Fund are, as the name suggests, subadvised by Tradewinds. The funds represent the fifth and sixth time Nuveen has partnered with Tradewinds. The emerging market funds is managed by Tradewind's Emily Alejos and Michael Hart. The fund carries an expense of 185 basis points for A shares, and 160 for I shares, according to the filing. The all-cap invests in U.S. and foreign securities using a long/short strategy. The fund is managed by David Iben and has an expense of 225 bps for A class shares and 192 bps for I class shares. A representative from Nuveen could not be reached for comment. Printed from: MFWire.com/story.asp?s=23967 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |