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Courtesy of CNBC. All Rights Reserved.
On December 20, 2011 Royce Portfolio Manager David Nadel was a guest on CNBC's Closing Bell with Maria Bartiromo. David offered his thoughts on international equities and why he likes precious metals and mining companies.
The way in which some companies structure their operations can be important to defending against currency fluctuations. Nadel notes that the companies he has focused on in Royce International Smaller Companies Fund tend to spread their manufacturing facilities around the world and get their growth from emerging markets.
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.
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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.
Distributor: Royce Fund Services, Inc.


