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Thursday, June 27, 2013

AllianceBernstein Funds Amend Investment Policies

News summary by MFWire's editors

The board of directors of AllianceBernstein [profile] Cap Fund approved proposals to change the AllianceBernstein Market Neutral Strategy and the AllianceBernstein Market Neutral Strategy investment policies and strategies to permit each fund to significantly increase its aggregate investment exposure as a proportion of its net assets and to achieve its long and short exposure primarily or exclusively through the use of derivative instruments. These changes are expected to be effective on or about August 1, 2013. [SEC Filing]. 

Edited by: KP


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