DALLAS (BP)—GuideStone Funds has announced the addition of an Emerging Markets Equity Fund that invests mainly in a diversified portfolio of equity securities of international companies in emerging markets such as Brazil, Russia, India and China.
Because the new fund will focus on emerging markets, GuideStone’s International Equity Fund will shift its strategy to investing primarily in companies located in developed markets.
John R. Jones, chief operating officer of GuideStone Financial Resources and president of GuideStone Funds, said the Emerging Markets Equity Fund “expands GuideStone’s investment options in the global marketplace, which creates opportunities for participants to further diversify their portfolios.”
The Emerging Markets Equity Fund, which seeks long-term capital appreciation, is available for direct investment. It also will be part of all GuideStone Funds Asset Allocation Funds, the MyDestination Funds and the GPS: Guided Planning Services portfolios.
GuideStone participants who want to determine if the Emerging Markets Equity Fund can be an appropriate part of their retirement investment portfolio can review its fund fact sheet and prospectus at GuideStone Funds. Participants also can access GuideStone’s free investment advice service, GPS: Guided Planning Services by logging into their accounts at www.MyGuideStone.org or by calling 1-888-98-GUIDE (1-888-984-8433) to schedule an appointment with a personal financial adviser.
The Emerging Markets Equity Fund, according to a GuideStone news release, “may be suitable for investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio with emerging markets stocks. The Fund invests in emerging markets securities which involves certain risks such as currency volatility, political and social instability and reduced market liquidity.”
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