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 |
|
Monday, August 8, 2022 A $56B-AUM Firm Launches an EM Fund A $56.2-billion-AUM (as of June 30) asset manager's team is rolling out a new EM mutual fund, with two share classes.
The new fund's class I shares come with an expense ratio of 99 basis points (including a 45-bps fee waiver promised through April 30, 2024), while the fund's R6 shares come with an expense ratio of 94 bps (including a 39-bps fee waiver promised through April 30, 2024). The fund is a series of the William Blair Funds trust. McClone and two of his fellow WBIM partners, Casey Preyss and Vivan Lin Thurston, PM the new fund. WBIM is the fund's investment advisor, and William Blair & Company (WBC) serves as the fund's distributor and principal underwriter. Duwa puts the launch in the context of William Blair's "long and distinguished history of investing in high-quality emerging markets growth equities." McClone highlights William Blair's focus on "in-depth, bottom-up research" on emerging market equities. "This new fund offers investors an opportunity to leverage that expertise while fine-tuning their allocation decisions between China and the rest of emerging markets," Duwa states. Printed from: MFWire.com/story.asp?s=64715 Copyright 2022, InvestmentWires, Inc. All Rights Reserved |
