TCW's Tad Rivelle to Discuss MetWest Total Return Bond Fund on Conference Call
The title of Mr. Rivelle's presentation is "An Introduction to the MetWest Total Return Bond Fund." Mr. Rivelle, the Chief Investment Officer for High-Grade Fixed Income at TCW, will discuss the Fund's history and performance, investment thesis and portfolio opportunities.
Mr. Rivelle will share his views on the sustainability of Federal "bridge financing" (stimulus) to the private sector, conditions in residential real-estate and banking system de-leveraging. In addition to opining on what assets the fixed income investor should consider owning, he will also consider whether a double-dip recession is a likely event in 2011, or whether the policy response has, to date, put the U.S. on the road to recovery.
"Though the outlook for the U.S. economy is mixed, and we expect growth to remain muted, we continue to identify compelling opportunities within the fixed income sector," Rivelle said. "MetWest has always employed disciplined research and bottom-up issue selection to exploit inefficiencies in fixed income markets, and those inefficiencies are very much in evidence in today's market. For example, even as the housing market continues to demonstrate weakness and rely heavily on government support, we see the potential for attractive risk-adjusted returns by investing in certain senior non-agency Mortgage-Backed Securities."
Mr. Rivelle joined TCW in December 2009 when TCW announced its acquisition of Metropolitan West Asset Management LLC (MetWest). The transaction was completed in February 2010.
Please dial in 10 minutes before the scheduled start time to register for the call.
Date: Tuesday, June 29, 2010
Time: 1:15 p.m. Pacific Time / 4:15 p.m. Eastern Time
Live Event:
Domestic: (888) 713-4199
International: (617) 213-4861
Confirmation #: 16292396
In addition to the audio-only version of the conference call, TCW offers a live webcast of the call. Please click on the link below to register for the webcast:
About MetWest
Founded in 1996, Metropolitan West Asset Management LLC (MetWest) is a wholly-owned subsidiary of TCW. Since its founding MetWest has delivered superior fixed income returns for its clients through a value-driven investment philosophy and a client-centered culture. MetWest's strategies, all of which are team-managed, have performed in the top quartile among comparable fixed income strategies, garnering four nominations for Morningstar's Fixed Income Manager of the Year and receiving this distinguished honor in 2006. TCW announced the acquisition of MetWest in December 2009, and completed the transaction in February 2010.
About TCW
Founded in 1971, The TCW Group, Inc. develops and manages a broad range of innovative, value-added investment products that strive to enhance and protect clients' wealth. The firm has approximately $115 billion in assets under management. TCW clients include many of the largest corporate and public pension plans, financial institutions, endowments and foundations in the U.S., as well as a substantial number of foreign investors and high net worth individuals. TCW is a subsidiary of Société Générale. For more information, please refer to www.tcw.com.
Legal Disclosures
Past performance is not a guarantee or a reliable indicator of future results. Investing in the bond market is subject to certain risks including market, interest-rate, issuer, credit, and inflation risk. Government agencies and authorities are supported by varying degrees but are generally not backed by the full faith of the U.S. Government; portfolios that invest in such securities are not guaranteed and will fluctuate in value. Mortgage and asset-backed securities may be sensitive to changes in interest rates, and are subject to early repayment risk. High-yield, lower-rated, securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not.
This material contains the current opinions of the manager and such opinions are subject to change without notice. This material will be provided for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission.
Obtain a Prospectus
You should consider the investment objectives, risks and charges and expenses of the Fund carefully before investing. The Fund's prospectus contains this and other information about the fund. You may download a free prospectus at http://www.mwamllc.com/literature.php . Read it carefully before you invest or send money.
The MetWest Funds are distributed by PFPC Distributors.
