Business & Finance
Business and Finance
Business and Finance
Fri, March 25, 2011
Thu, March 24, 2011 
LOS ANGELES, CA--(Marketwire - March 24, 2011) - Four TCW mutual funds and one MetWest mutual fund were named Wednesday as winners of Lipper Fund Awards for 2011 based on consistent risk-adjusted performance.
The winning funds were the TCW Core Fixed Income Fund (TGCFX/TGFNX) for its performance over the three- and five-year periods ended 12/31/2010 among 463 and 382 funds respectively in the Intermediate Investment Grade Debt Funds category; the TCW Emerging Markets Income Fund (TGEIX/TGINX) for its performance over five years among 49 funds in the Emerging Markets Debt Funds category; the TCW Small Cap Growth Fund (
"Being recognized for five funds in three distinct asset classes speaks to the breadth of strong performance TCW delivers for our clients," said Charles "Chuck" Baldiswieler, President and Chief Executive Officer of TCW Funds, Inc.
The Lipper Awards honor mutual funds, hedge funds, and fund management firms that have delivered stronger and more consistent performance than their peers. Lipper's proprietary fund rating methodology is used to determine the winners. This quantitative approach ensures that the Lipper Awards are performance-based and objective.
Lipper ranked the MetWest Intermediate Bond Fund third out of 153 funds in the Short-Intermediate Investment Grade Debt Funds category for the last year based on total return, second out of 141 funds for the last three years and second out of 131 funds in the category over the last five years. The Fund is managed by Tad Rivelle, Steve Kane, and Laird Landmann. Rivelle, TCW's chief investment officer for fixed income, also leads the teams that manage the TCW Core Fixed Income Fund and TCW Total Return Bond Fund.
"Our relative value approach to fixed income investing and an emphasis on opportunities in mortgage-backed securities have dovetailed well with the approach of TCW," said Rivelle. "These awards recognize the outstanding teamwork and analytical capabilities of a combined TCW and MetWest."
The TCW Small Cap Growth Fund, managed by Husam Nazer, repeats as a Lipper Award winner after capturing a 2010 award.
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. For more information, please contact [ markets.awards@thomsonreuters.com ] or visit excellence.thomsonreuters.com.
Past performance is no guarantee of future results. High rankings do not guarantee favorable performance and in fact a Fund may experience negative or flat performance over the time periods.
About TCW Funds
TCW Funds, Inc. is an open-end investment company, consisting of 23 separate mutual funds sold primarily to individual investors and retirement plans.
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 ].
About MetWest
Founded in 1996, Metropolitan West Asset Management LLC (MetWest) is a wholly-owned subsidiary of TCW. Since its founding MetWest has delivered strong 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 2005. TCW announced the acquisition of MetWest in December 2009 and completed the transaction in February 2010.
* The Morningstar Fund Manager of the Year award winners are chosen based on Morningstar's proprietary research and in-depth evaluation by its Fund analysts.
Obtain a Prospectus
You should consider the investment objectives, risks, charges, and expenses of each Fund carefully before investing. The TCW Funds and MetWest Funds prospectuses and summary prospectuses contain this and other information about each Fund. You may download separate prospectuses for TCW and MetWest Funds from the Funds' website at tcw.com. Please read each prospectus carefully before you invest or send money.
A Word about Risk
Bond Funds have the same interest rate, high yield and credit risks associated with the underlying bonds in the portfolio, all of which could reduce the Fund's value. As interest rates rise, the value of the Fund can decline and an investor can lose principal. Emerging markets securities carry special risks, such as less developed or less efficient trading markets, a lack of company information, and differing auditing and legal standards. The securities markets of emerging markets countries can be extremely volatile. Investing in foreign currencies carries special risks including the risk that the value of the Fund's investments denominated in foreign currencies will decline in value because the foreign currency has declined in value relative to the U.S. dollar. Stock Funds have the same equity and price volatility risks associated with the underlying stocks in the portfolio, all of which could reduce the Funds' value. Funds investing in mid and small cap companies involve special risks including higher volatility and lower liquidity. As stock prices fluctuate, the value of the Funds can decline and an investor can lose principal.
The TCW Funds are distributed by TCW Funds Distributors.
The MetWest Funds are distributed by BNY Mellon Distributors Inc. which is not affiliated with TCW. The MetWest Funds are advised by Metropolitan West Asset Management, LLC, which is a wholly-owned subsidiary of The TCW Group, Inc.
