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Courtesy of CNBC. All Rights Reserved.
CNBC's Simon Hobbs interviewed David Nadel for "Going Global: Best Investing Opportunities Abroad" on April 27, 2011. Nadel, Portfolio Manager and Director of International Research at The Royce Funds, discussed prospects for Japan in general, calling it "a very inexpensive, attractive market."
Mr. Nadel manages Royce Global Value Fund (with Whitney George), Royce European Smaller-Companies Fund (with Chuck Royce), Royce International Smaller-Companies Fund (with Chuck Royce), Royce International Premier Fund, Royce International Micro-Cap Fund and Royce Global Select Fund.
Important Disclosure Information
The thoughts expressed in the video are solely those of the person speaking and may differ from those of other Royce investment professionals, or the firm as a whole. There can be no assurance with regard to future market movements.
This material is not authorized for distribution unless preceded or accompanied by a current prospectus. Please read the prospectus carefully before investing or sending money. The Fund may invest a significant portion of its assets in foreign companies which may be subject to different risks than investments in securities of U.S. companies, including adverse political, social, economic or other developments that are unique to a particular country or region (Please see "Investing in Foreign Securities" in the prospectus). Therefore, the prices of the securities of foreign companies in particular countries or regions may, at times, move in a different direction than those of the securities of U.S. companies. (Please see "Primary Risks for Fund Investors" in the prospectus). In addition, as of 3/31/11 the Fund held a limited number of stocks, which may involve considerably more risk than a less concentrated portfolio because a decline in the value of any one of these stocks would cause the Fund's overall value to decline to a greater degree. The Morgan Stanley Capital International (MSCI) World Small Core Index is an unmanaged index of global small-cap stocks. Index returns include net reinvested dividends and/or interest income. The Russell Global Small Cap Index is an unmanaged, capitalization-weighted index of global small-cap stocks. Index returns include net reinvested dividends and/or interest income
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