SPARX Asia Fund Family Expands

September 4, 2007 (PLANSPONSOR.com) - SPARX Asia Funds has announced the launch of three new funds; the SPARX Asia-Pacific Opportunities Fund, the SPARX Asia-Pacific Equity Income Fund and the SPARX Japan Smaller Companies Fund.

According to a press release, 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 the firm.  

  • 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.

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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