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Products February 4, 2009
Van Kampen Fund Offers Actively Managed Global Diversification
Van Kampen Funds Inc., a subsidiary of Van Kampen Investments Inc., has announced the launch of the Van Kampen Global Tactical Asset Allocation (GTAA) Fund.
Reported by Rebecca Moore
According to a release, the Van Kampen GTAA Fund has been designed to invest in traditional and non-traditional asset classes across the world and to respond to rapidly changing market conditions. The fund seeks to achieve significant diversification across a range of countries and industries by typically investing in 1,500 to 2,000 equity securities and fixed-income securities of U.S. and non-U.S. issuers, as well as cash, commodities, and currencies.
The management of the fund is led by Van Kampen’s Global Tactical Asset Allocation Team. Van Kampen said the GTAA Fund “uses a top-down, global macro investment approach that provides the freedom and flexibility to best exploit market inefficiencies as soon as they are identified.”