FPA International Value Fund registers shares, targets non-U.S. firms

By Toni Weeks

San Diego, Dec. 5 - The FPA International Value Fund has registered with the Securities and Exchange Commission, according to a 497 filing with the SEC.

The fund seeks above average capital appreciation over the long term while minimizing the risk of capital loss and will invest in the equity securities of companies of all market capitalizations domiciled outside the United States. The fund does not expect to invest more than 35% of its assets in securities of companies domiciled in emerging markets.

The fund will have no sales charge or deferred sales charge. The adviser will limit management fees to 1.35% until Nov. 30, 2012. The minimum initial investment is $1,500; subsequent investments must be $100 or more.

Los Angeles-based First Pacific Advisors, LLC is the fund's investment adviser.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.