Turner Funds [profile] introduced the Turner Emerging Markets Fund, for retail and institutional investors looking for long term growth of capital, who are also willing to tolerate some share-price volatility in emerging market investments. Its benchmark is the MSCI Emerging Markets Index. The fund is now Turner Funds' eleventh fund. Turner Funds consist of growth, international/global and long/short funds.

The fund invests in about 60-100 growth stocks of all market caps from issuers tied economically to emerging markets and is managed by Donald W. Smith and Rick Wetmore. Some of the fund's holdings are in Brazil, China, India, Mexico, the Philippines, Russia and Turkey, to name a few.

You can read the company press release below.

BERWYN, Pa.--The Turner Funds has introduced the Turner Emerging Markets Fund, which invests in about 60-100 growth stocks of all market capitalizations from issuers tied economically to the emerging markets.

The no-load Turner Emerging Markets Fund is offered in both Institutional Class shares (ticker symbol: TEEEX) and Investor Class shares (ticker symbol: TFEMX).

The fund is managed by Donald W. Smith and Rick Wetmore. Turner Investments, an employee-owned investment firm with more than $8 billion in assets under management as of June 30, 2013, serves as the investment adviser for the fund. Headquartered in Berwyn, Pennsylvania, Turner was founded in 1990.

The addition of the Emerging Markets Fund brings the number of Turner Funds to 11. The Turner Funds are composed of growth, international/global, and long/short funds (http://www.turnerinvestments.com/turner-funds/).

The fund may be appropriate for institutional and individual investors who seek the long-term growth of capital and can tolerate the share-price volatility of emerging-markets stock investing. The fund�s holdings consist of what the portfolio-management team believes to be its best global-growth stock ideas in emerging markets, which include Brazil, China, India, Mexico, the Philippines, Russia, and Turkey, among others.

The fund�s performance benchmark is the MSCI Emerging Markets Index.

The fund has a minimum initial investment of $250,000 for Institutional Class shares and $2,500 for Investor Class shares. For Individual Retirement Accounts, the minimum initial investment is $100,000 for Institutional Class shares and $2,000 for Investor Class shares.

Investors can invest in the Turner Emerging Markets Fund directly through the Turner Funds by calling 1.800.224.6312 or writing to the Turner Funds at this address: Box 219805, Kansas City, Missouri 64121. Investments in the fund can also be made through financial advisers who have a relationship with Turner Investments or the Turner Funds.

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE