Insight Investment has announced that it is planning to close its UK small cap and evergreen funds
after many principal investors chose to redeem their holdings.
Previously he had held positions with Fidelity and Evergreen Funds
Prior to joining OppenheimerFunds in 2002, he was a vice president and equity research analyst for Evergreen Funds
are open-ended funds that generally invest in marketable securities on a long and short basis.
The introduction of a three-year expense ratio cap for merged or reorganized Evergreen Funds
, during which time fund fees cannot be raised, only reduced;
Evergreen Investments and the Evergreen Funds
do not make any representations or warranties (express or implied) about the accuracy of such forward-looking statements.
BOSTON -- As part of the integration of the Evergreen Funds
into the Wells Fargo Advantage mutual fund family, Evergreen Investments announced today that the Board of Trustees of the Evergreen Funds
has approved proposals for name changes, new advisory and subadvisory arrangements, and the nomination of Trustees for each of the five Evergreen closed-end funds: Evergreen Income Advantage Fund (NYSE Amex: EAD), Evergreen Multi-Sector Income Fund (NYSE Amex: ERC), Evergreen Utilities and High Income Fund (NYSE Amex: ERH), Evergreen International Balanced Income Fund (NYSE: EBI) and Evergreen Global Dividend Opportunity Fund (NYSE: EOD).
Evergreen and the Evergreen Funds
do not make any representations or warranties (express or implied) about the accuracy of such forward looking statements.
presented Wells Fargo Advantage Funds with three Fund Awards and presented Evergreen Funds
with four Fund Awards, all for Consistent Returns within each winner's respective category as of December 31, 2009.
The commentaries are authored by a newly created investment strategist team formed as a result of the pending merger of Wells Fargo Advantage Funds([R]) and Evergreen Funds
SAN FRANCISCO -- Wells Fargo Funds Management, LLC, the advisor to the Wells Fargo Advantage Funds([R]), and its affiliate Evergreen Investment Management Company, LLC, the advisor to the Evergreen Funds
, have announced plans to streamline and strengthen their mutual fund product offerings.
EIMC has been managing mutual funds and private accounts since 1932 and managed over $175 billion in assets in various Evergreen funds
as of Dec.