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, July 7, 2011 TCW Expects Value From a Fund Merger TCW wants to combine two of its value funds. Last week the Los Angeles-based mutual fund firm revealed plans [see filing] to merge the $23.8-million, one-star TCW Relative Value Small Cap Fund into the $144.9-million, two-star TCW Value Opportunities Fund. Relative Value Small Cap PM Diane Jaffee has also PMed Value Opportunities since June 30. According to TCW's filing, the fund firm expects the merger to reduce both gross and net operating expenses for both I and N shares. Shareholders will vote on the merger on September 15. Printed from: MFWire.com/story.asp?s=37260 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |