Bank of New York Mellon subsidiary Dreyfus Corp.
plans to roll out a fund that will invest in stocks of companies traded in Asian emerging market countries. Dreyfus hired Hong Kong-based Hamon U.S. Investment Advisors Limited
to subadvise the fund, according to an
The Dreyfus Premier Emerging Asia Fund
will be offered in four share classes -- A, C, I and T. Expense ratios range from 175 bps to 275 bps.
At least 80 percent of the fund's assets will be invested in stocks of firms in countries including China, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore and South Korea. The MSCI Emerging Markets Asia Index will be the fund's benchmark.
, a unit of Dreyfus, will serve as distributor, Dreyfus Transfer
will serve as transfer agent and The Bank of New York
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