American Century Emerging Opportunities Total Return Fund
American Century Emerging Opportunities Total Return Fund will seek (wait for it!) total return. The plan is to invest in EM bonds, corporate and sovereign, and floating rate debt. They have the right to buy convertible bonds, stocks, and exchange-traded funds but those seek to be a “why not toss them in the prospectus?” afterthought. The fund will be managed by an American Century team. The initial expense ratio hasn’t been released. The minimum initial investment will be $2,500.
Baird Small/Mid Cap Value Fund
Baird Small/Mid Cap Value Fund will seek long-term capital appreciation. The plan is to invest in a diversified portfolio of undervalued small- to mid-cap stocks. Up to 15% might be non-US stocks trading on US exchanges. The fund will be managed by Michelle E. Stevens. The initial expense ratio is 1.20%. The minimum initial investment will be $1,000.
Cullen Enhanced Equity Income Fund
Cullen Enhanced Equity Income Fund will seek long-term capital appreciation and current income. The plan is to buy dividend paying common stocks of medium- and large-capitalization companies, with about equal weighting for all of the stocks. They then write covered calls to generate income. The fund will be managed by James P. Cullen, Jennifer Chang and Tim Cordle. The initial expense ratio is 1.01%. The minimum initial investment will be $1,000.
DoubleLine Global Bond Fund
DoubleLine Global Bond Fund will seek long-term total return. The plan is to pursue a global portfolio which might include US and foreign sovereign debt, quasi-sovereign debt, supra-national obligations, emerging market debt securities, high yield and defaulted debt securities, inflation-indexed securities, corporate debt securities, mortgage and asset backed securities, bank loans, and derivatives. The fund will be managed by The Gundlach alone. The initial expense ratio hasn’t been released. The minimum initial investment will be $2,000.
Matthews Asia Value Fund
Matthews Asia Value Fund will seek long-term capital appreciation. The plan is to buy undervalued common and preferred stocks. Firms are “Asian” if they’re “tied to” the region; for example, a European firm which derives more than 50% of its revenue from Asian markets is Asian. Firms are attractive to Matthews if they are “high quality, undervalued companies that have strong balance sheets, are focused on their shareholders, and are well-positioned to take advantage of Asia’s economic and financial evolution.” The fund will be managed by a team led by Beini Zhou. The initial expense ratio is 1.45%. The minimum initial investment will be $2,500.
Vanguard International Dividend Appreciation Index Fund
Vanguard International Dividend Appreciation Index Fund will seek to track the NASDAQ International Dividend Achievers Select Index, which focuses on high quality companies located in developed and emerging markets, excluding the United States, that have both the ability and the commitment to grow their dividends over time. The fund will be managed by Justin E. Hales and Michael Perre. The initial expense ratio is 0.35%. The minimum initial investment will be $3,000.
Vanguard International High Dividend Yield Index Fund
Vanguard International High Dividend Yield Index Fund will seek to track the FTSE All-World ex US High Dividend Yield Index, which focuses on companies located in developed and emerging markets, excluding the United States, that are forecasted to have above-average dividend yields. The plan is to . The fund will be managed by Justin E. Hales and Michael Perre. The initial expense ratio will be 0.40%. The minimum initial investment will be $3,000.
