Evermore Global Advisors Launches Two Mutual Funds: Evermore Global Value Fund And Evermore European Value Fund
From 1996 to 2000, Mr. Chung was a senior research analyst at Franklin Mutual Advisers, LLC, eventually becoming co-portfolio manager of the Mutual Discovery Fund and the Mutual European Fund. From 2000 to 2003, Mr. Chung was co-portfolio manager at Marcstone Capital Management, L.P., a long/short European-focused equity manager. From 2003 to 2009, Mr. Chung was a senior research analyst at Davis Advisors, a registered investment adviser with over $60 billion in assets under management. Mr. Chung served as an equity analyst for its flagship Davis New York Venture Fund, as well as the Davis Global, International, and Opportunity Funds.
About Evermore Global Advisors, LLC
Evermore Global Advisors, an investment adviser registered under the Investment Advisers Act of 1940, was founded in June 2009 by David Marcus and Eric LeGoff. The firm provides investment advisory services to mutual funds and institutional accounts in separate Global and European strategies. Evermore’s active value approach combines two dynamic drivers for value creation – strategic catalysts and tactical opportunities. The firm seeks to invest in great companies with compelling valuations, anywhere in the world. The firm's Board of Advisors includes A. Michael Lipper, president of Lipper Advisory Services, Inc., Harvey L. Pitt, former Chairman of the United States Securities and Exchange Commission, and Michael F. Price, former CEO, President and Chairman of the Board of Mutual Series Fund.
Mutual fund investing involves risk. Principal loss is possible. The Funds invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. Investing in smaller companies involve additional risks such as limited liquidity and greater volatility. The Funds may make short sales of securities, which involves the risk that losses may exceed the original amount invested. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investment in lower-rated, non-rated, and distressed securities presents a greater risk of loss to principal and interest than higher-rated securities. Additional special risks relevant to our funds involve derivatives and hedging. Please refer to the prospectus for further details. The Evermore European Value Fund concentrates its investments in a single region which may subject it to greater risk and volatility than a broadly diversified fund.Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing. To obtain a prospectus containing this and other important information, please call 866-EVERMORE (866.383.7667) or download a prospectus online at www.evermoreglobal.com . Read the prospectus carefully before you invest. References to other mutual funds should not to be interpreted as an offer of these securities.
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