Eaton Vance Launches Global Equity Funds
BOSTON, Dec. 18, 2015 /PRNewswire/ -- Eaton Vance Management (EVM), a subsidiary of Eaton Vance Corp. (NYSE: EV), today announced the launch of three new mutual funds sub-advised by Eaton Vance Management (International) Limited (EVMI):
- Eaton Vance International Small-Cap Fund (Class A: EILAX; Class I: EILIX, managed by Aidan Farrell, Vice President, Portfolio Manager,
- Eaton Vance Focused Global Opportunities Fund (Class I: EFGIX), managed by Christopher Dyer, Vice President, Portfolio Manager,
- Eaton Vance Focused International Opportunities Fund (Class I: EFIIX), managed by Mr. Dyer and Samantha Pandolfi, Vice President, Research Analyst and Portfolio Manager.
Eaton Vance International Small-Cap Fund, which commenced operations on December 16th, seeks to achieve long-term capital appreciation by attempting to exploit the breadth and relative inefficiencies of the international small-cap universe. The Fund looks to achieve its objective by investing primarily in high-quality or improving-quality companies that management believes are best placed to benefit from structural growth.
Eaton Vance Focused International Opportunities Fund, which commenced operations on December 16th, seeks to achieve long-term capital appreciation by investing in a focused portfolio of 25-40 non-U.S. stocks that management believes are high in quality or improving in quality.
Eaton Vance Focused Global Opportunities Fund, which commenced operations on December 17th, seeks to achieve long-term capital appreciation by investing in a focused portfolio of 25-40 U.S. and non-U.S. stocks that management believes are high in quality or improving in quality.
"We are looking forward to expanding our fund offerings by introducing these new international and global portfolios managed from EVMI's London office," said Edward J. Perkin, CFA, Chief Equity Investment Officer of Eaton Vance Management. "We believe there is unmet demand for high active share, risk-conscious portfolios in the global and international equity markets. We will employ a bottom-up, research-intensive process to building these portfolios, with the goal of driving potential outperformance through rigorous stock selection."
Eaton Vance Corp. (NYSE: EV) is one of the oldest investment management firms in the United States, with a history dating to 1924. Eaton Vance and its affiliates managed $311.4 billion in assets as of October 31, 2015, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service, timely innovation and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information, visit eatonvance.com.
About Risk: Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, established companies. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry, including REITs. No Fund is a complete investment program and you may lose money investing in a Fund. The Funds may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.
Not FDIC Insured • Not Bank Guaranteed • May Lose Value
For more information, please contact us at:
Eaton Vance Distributors, Inc. Member FINRA/SIPC
Two International Place
Boston, MA 02110
800-836-2414
eatonvance.com
SOURCE Eaton Vance Management
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