Products September 5, 2007

SPARX Asia Fund Family Expands

SPARX Asia Funds has launched three new funds; the SPARX Asia-Pacific Opportunities Fund, the SPARX Asia-Pacific Equity Income Fund, and the SPARX Japan Smaller Companies Fund.
Reported by

Those funds complement the SPARX Japan Fund (ticker: SPXJX), which debuted in 2003. The new funds are managed by Hong Kong- and Tokyo-based teams with “years of experience and a keen understanding of Asia’s diverse economies, markets and cultures that informs their investment decisions,” according to a company press release.

  • SPARX Asia-Pacific Opportunities Fund (ticker: SPAPX): Seeks growth-oriented companies’ shares
  • SPARX Asia-Pacific Equity Income Fund (ticker: SPAIX): Focuses on high-dividend yielding shares
  • SPARX Japan Smaller Companies Fund (ticker: SPJSX): Targets Japan’s small- cap growth stocks

The investment adviser to SPARX Asia Funds is New York-based SPARX Investment & Research USA, Inc., a wholly-owned unit of SPARX Group Co., Ltd.

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Founded in 1989, SPARX Group employs more than 280 people at its offices in Dubai, Hong Kong, London, New York and Tokyo and oversees some $15.3 billion in total assets under management (as of July 31, 2007). SPARX Group stock trades on the Jasdaq Securities Exchange.

More information is available online at http://www.SparxAsiaFunds.com

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