The Wilmington Multi-Manager International Fund (GVIEX) has one less sub-advisor as of April 24.

That’s because the fund has dropped Principal Global Investors from its current list of seven sub-advisors, including Wilmington Trust Investment Advisors, Acadian Asset Management, Baring International Investment Limited, Dimensional Fund Advisors, LSV Asset Management, Northern Cross, and Parametric Portfolio Associates. The fund, which launched in July 2003, bets on ‘undervalued” securities in at least eight countries outside of the U.S.

The fund managed some $502 million as of the end of March.

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