As part of our ongoing review to ensure the underlying funds within the Wells Fargo Advantage WealthBuilder Portfolios best suit our clients’ needs, we recently added the Templeton Institutional Foreign Equity Series Fund—Primary Class to all six Portfolios in the series. This fund has replaced the ING International Value Fund. The total international equity exposure in the Portfolios has not changed.
About the new fund
Established in October 1990, the Templeton Institutional Foreign Equity Series Fund seeks long-term capital growth by investing primarily in foreign equity securities using a disciplined value approach. The investment management team consists of Gary Motyl, Peter A. Nori, Antonio T. Docal, and Cindy L. Sweeting.
With this addition, Wells Fargo Advantage WealthBuilder Portfolios now include the collective expertise of fund managers from the following fund families:
About Wells Fargo Advantage WealthBuilder Portfolios
Wells Fargo Advantage WealthBuilder Portfolios were first introduced in 1997 and are part of the firm’s long history of pioneering asset allocation strategies. The WealthBuilder Portfolios use a fund-of-funds approach composed of both proprietary and nonproprietary mutual funds and offer investors a range of portfolios to match their risk profiles. The portfolio managers employ the disciplines of Tactical Asset Allocation and Tactical Equity Allocation to help manage risk and capitalize on rotating market cycles.
Stock fund values fluctuate in response to the activities of individual companies and general market and economic conditions. Bond fund values fluctuate in response to the financial condition of individual issuers, general market and economic conditions, and changes in interest rates. In general, when interest rates rise, bond fund values fall and investors may lose principal value. Some funds, including nondiversified funds and funds investing in foreign investments, high-yield bonds, small and mid cap stocks, and/or more volatile segments of the economy, entail additional risk and may not be appropriate for all investors. Consult a Fund's prospectus for additional information on these and other risks.