Huntington Launches New Emerging Markets Fund

According to a press release, the Huntington Global Select Markets Fund will offer both institutional shares (Ticker HGSIX) and A-shares (Ticker HGSAX).  The fund, managed by veteran portfolio manager Paul Attwood, CFA, vice president, Huntington Asset Advisors, is an addition to the Huntington Funds family of mutual funds and money market offerings.      

The fund strives to provide investors with exposure to what is believed to be the best markets across the globe. In addition to emerging markets, the fund has the flexibility to invest in equity opportunities both at home and abroad, as well as fixed-income securities and Exchange Traded Funds (ETFs), according to the announcement.     

“In the Huntington Global Select Markets Fund, we identify countries that are not just developing nations, but those that are exhibiting what we believe are superior characteristics in terms of fiscal responsibility and monetary policies. We also look for specific actions they are taking to capitalize on their natural resources – particularly those we feel may take precedence in the markets to come,” said Randy Bateman, president, Huntington Asset Advisors.      

According to the firm, the investment process begins with the same top down discipline employed by all the Huntington Funds, guided by Huntington’s senior economist, George Mokrzan, Ph.D.  Mokrzan also serves as a member of the Economic Advisory Council of the American Bankers’ Association.       

Huntington Funds are part of Huntington Bancshares, a financial institution with more than a 90-year heritage of managing money. Huntington Asset Advisors, Inc. (HAA) and its affiliates have been managing money since 1917. As of September 30, 2009, HAA and its affiliates manage more than $13 billion for individuals, institutions, endowments, foundations, retirement plans, IRAs, and municipalities across a six state region, according to the firm.

More information about the fund is available at http://www.huntingtonfunds.com