Monday, June 14, 2010
Openings and Closings
Reported by Neil Anderson, Managing Editor
Nuveen Investments just launched a new fund, the Nuveen Santa Barbara International Equity Fund. Santa Barbara Asset Management sub-advises the fund, which boasts A shares (for 145 basis points), C shares (for 220 bps), R3 shares (for 170 bps) and I shares (for 120 bps).
Santa Barbara's international portfolio manager, Tracy Stouffer, PM's the new fund. State Street Bank & Trust Company custodies the fund's assets and offers accounting services, while Boston Financial Data Services serves as "transfer, shareholder services and dividend paying agent." The prospectus is available here.
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