Nuveen Global Equity Income Fund Announces Implementation of Currency Hedging Program
January 04 2016 - 3:45PM
Business Wire
Program Seeks to Enhance Investor Demand and Reduce Trading
Discounts
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced that the Nuveen Global Equity Income Fund (NYSE:
JGV) has implemented a currency hedging program effective
January 1, 2016.
Under the previously announced program, the fund will
systematically hedge the currency risk from its investments in
non-US dollar denominated foreign equity securities. The goal of
the program is to enhance shareholder value by offering a global
portfolio of attractive, dividend-paying stocks without the
additional risk from currency exposure. The program is being
implemented to differentiate the fund more clearly from peers,
potentially reduce incremental volatility from currency exposure
and allow the fund to implement its managed distribution policy
more effectively.
More information on this can be found in the JGV Q&A
Document.
Nuveen Investments provides high-quality investment services
designed to help secure the long-term goals of institutional and
individual investors as well as the consultants and financial
advisors who serve them. Nuveen Investments markets a wide range of
specialized investment solutions which provide investors access to
capabilities of its high-quality boutique investment
affiliates—Nuveen Asset Management, LLC, Symphony Asset Management
LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset
Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital
Management, LLC and Gresham Investment Management LLC, all of which
are registered investment advisers and subsidiaries of Nuveen
Investments, Inc. Funds distributed by Nuveen Securities, LLC., a
subsidiary of Nuveen Investments, Inc. Nuveen Investments operates
as a separate subsidiary within TIAA-CREF, which is a leading
provider of retirement and financial services in the academic,
research, medical and cultural fields. In total, Nuveen Investments
managed approximately $220 billion as of September 30, 2015. For
more information, please visit the Nuveen Investments website at
www.nuveen.com.
12750-INV-O-01/18
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version on businesswire.com: http://www.businesswire.com/news/home/20160104006478/en/
Nuveen InvestmentsMedia Contact:Kristyna Munoz, (312)
917-8343kristyna.munoz@nuveen.com
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