The Emerging Markets Fixed Income Fund is a professionally managed, open-ended investment company incorporated in the Cayman Islands in 1993 and licensed in Bermuda as of 1 October, 1997. The Fund is managed by Bear Stearns Funds Management Inc., a registered U.S. advisor, and seeks to provide investors with high total return, emphasising both current income and capital appreciation, by investing primarily in a portfolio of Debt obligations of issuers located in emerging countries. Investments in the fund can be made for a minimum of $1,000.
Edward Vaimberg, a managing director at Bear Stearns and the portfolio manager of the Emerging markets Fixed Income Fund stated, "We are extremely pleased with the new listing. We chose the BSX due to its on-line Internet access, the large audience potential, and its progressive approach to world markets."
"We welcome the opportunity to list this Bear Stearns Fund on The BSX and add another internationally recognised fund management group to our growing list of Mutual Fund companies ." commented Mary Sousa, Listing Manager.
The listing of the Fund was sponsored by MRM Securities Ltd., a subsidiary of MRM Financial Services Ltd. in Hamilton, Bermuda.
Fund information, including the latest NAV, is available on the Bloomberg system under the ticker: EMGMFII.BH
e-mail: jzkehoe@pncmail.com.
For additional information on The BSX, please call Robin H. McPhee, 441-292-7212 or e-mail info@bsx.com or visit www.bsx.com.
Bear Stearns Funds Management Inc. is an affiliate of Bear, Stearns & Co. Inc. The Bear Stearns Companies Inc. is the parent company of Bear, Stearns & Co. Inc., a leading investment banking and securities trading and brokerage firm. With approximately $13.3 billion in total capital, Bear Stearns serves governments, corporations, institutions, and individuals worldwide. The company's business includes corporate finance and mergers and acquisitions, institutional equities and fixed income sales and trading, private client services, derivatives, foreign exchange and futures sales and trading, asset management, and custody services. Through Bear, Stearns Securities Corp., it offers professional and correspondent clearing, including securities lending. Headquartered in New York City, the company has over 8,500 employees located in domestic offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, and San Francisco; and an international presence in Beijing, Buenos Aires, Dublin, Geneva, Hong Kong, London, Lugano, Paris, Sao Paulo, Shanghai, Singapore, and Tokyo.