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Friday, May 07, 2010|
Pioneer Adds to the Fund Family
Pioneer Investments launched a new mutual fund this week. The Pioneer Multi-Asset Real Return Fund will invest in a variety of assets including Treasury Inflation Protected Securities (TIPS), investment-grade and high yield bonds and emerging market equity and bonds.
The fund comes in three share class -- class A, C an Y -- and has expense ratios of 130, 220 and 100 basis points respectively, according to the filing.
The fund is managed by Kenneth Taubes U.S. chief investment officer, and Michele Garau and Robert Urie, both portfolio managers
Pioneer Funds Distributor is the fund's distributor. Pioneer Investment Management Shareholder Services is the fund's transfer agent. The fund is sold through advisors.
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