David Nadel on Austria with ReutersTV

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On June 6, 2012, Royce Portfolio Manager and Director of International Research David Nadel appeared in a ReutersTV segment, "Bargains Amid the Euro Zone Rubble" with Reuters correspondent Fred Katayama.

David uses Austria as an example of an attractive market with many export-oriented businesses that benefit from a weak euro. That said, David warns that high-quality bargains present themselves on a company by company basis, not country wide.

David Nadel serves as portfolio manager on Royce Global Value Fund (with Whitney George), Royce European Smaller-Companies Fund (with Chuck Royce), Royce International Smaller-Companies Fund (with Chuck Royce), Royce Global Select Long/Short Fund, Royce International Premier Fund, and Royce International Micro-Cap Fund.

Important Disclosure Information

The thoughts expressed in the video are solely those of the person speaking as of June 6, 2012 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.

You may obtain a current prospectus for any of the Royce Funds on our website at www.roycefunds.com/prospectus or by calling (800) 841-1180. The prospectus includes investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. Micro-cap, small-cap, and mid-cap stocks may involve considerably more risk than investing in larger-cap stocks (Please see "Primary Risks for Fund Investors" in the prospectus). Securities of non-U.S. companies 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. Therefore, the prices of these securities 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).

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