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Wells Fargo offers two new Ucits equity funds

Global Multi-Asset Income Fund and Global Factor Enhanced Equity Fund available across Europe

Wells Fargo Asset Management has launched the Global Multi-Asset Income Fund and the Global Factor Enhanced Equity Fund.

Both funds, as sub-funds of the Wells Fargo (Lux) Worldwide Fund, are Ucits-compliant and available to institutional and retail investors.

The Global Multi-Asset Income Fund launch is managed by portfolio managers Kandarp Acharya and Petros Bocray.

The Global Factor Enhanced Equity Fund is managed by portfolio managers Harin de Silva, Dennis Bein, and Monisha Jayakumar.

“With these new funds, we can offer clients an opportunity to diversify their income portfolio and their global equity portfolio,” said Deirdre Flood, head of international distribution at Wells Fargo Asset Management.

The Global Multi-Asset Income Fund seeks total return, consisting of current income and capital appreciation.

The fund is available in Austria, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland and the United Kingdom.

The Global Factor Enhanced Equity Fund seeks long-term capital appreciation.

The fund is available in Austria, Finland, France, Germany, Ireland, Italy (institutional only), Luxembourg, the Netherlands, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom.

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