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Rating:Dreyfus to Unveil Asian Emerging Market Fund Not Rated 3.0 Email Routing List Email & Route  Print Print
Wednesday, November 21, 2007

Dreyfus to Unveil Asian Emerging Market Fund

by: Armie Margaret Lee

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 SEC filing.

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.

MBSC Securities, a unit of Dreyfus, will serve as distributor, Dreyfus Transfer will serve as transfer agent and The Bank of New York as custodian.  

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