Woodland Hills, Calif.-based Guinness Atkinson Asset Management announced Friday it plans to launch a new no-load Asia Pacific Dividend Fund.
The fund will focus on value by investing in long-standing companies to comfort conservative investors seeking entrée into the volatile regional marketplace. Selected companies will also offer higher-than-average dividends, compared to others in the region.
"Asia Pacific dividend rates are among the highest in the world," said Edmund
Harriss, lead fund manager. "It is still developing as one of the fastest-growing regions in the world, but many of its companies have also matured and are now focused on profitability, cash generation and shareholder returns."
The new fund follows the March 21 launch of the Guinness Atkinson Alternative Energy, which is now open to investors.
More information on the Asia Pacific Fund is available through the company's website: www.gafunds.com.