Prudential Investments launches Global Opportunities Fund

NEWARK, N.J.--(BUSINESS WIRE)-- Prudential Investments today announced the launch of the Prudential Jennison Global Opportunities Fund (A: PRJAX), a mutual fund that offers investors the potential for long-term growth by investing in companies from a broad range of countries, including emerging markets. Prudential Investments is the mutual fund family of Prudential Financial, Inc. (NYSE: PRU).

The investment strategy is not constrained by region, country, or industry sector. The fund will invest primarily in equity and equity-related securities of companies located typically in a number of different countries around the world. There is no guarantee the fund’s objective will be achieved.

“Investors should view the fund as a good way to help diversify and potentially grow their portfolios, since the managers have the freedom to invest in any company anywhere in the world where they see the best opportunities,” said Stuart Parker, president of Prudential Investments.

The fund’s rigorous bottom-up investment strategy is led by Jennison Associates LLC’s four-member Global Equity Team, whose members average 18 years of investment experience and is headed by Mark Baribeau. As part of its fundamental research, the team examines an investment candidate’s current market share and positioning relative to its competitors, prominence within its industry, ability to benefit from economies of scale and potential to increase market share among other factors.

The team also leverages the insights and experience of Jennison’s 26 research analysts, many of whom are sector specialists and work on the firms other equity strategies. Jennison is a wholly owned subsidiary of Prudential Financial and manages many of Prudential Investments’ equity funds. Founded in 1969, it is one of the nation’s leading managers of growth, value, blend, and specialty strategies.

The fund is available in the following share classes: A: PRJAX, C :PRJCX , Z :PRJZX.

Prudential Investments comprises three units. Prudential Mutual Funds, which focuses on traditional mutual funds, separately managed accounts, and Investment Only Defined Contribution business. Distribution is through wirehouses, independent broker-dealers, banks, and insurance agencies to domestic retail customers. Wealth Management Solutions is a business-to-business service organization. Its offerings include a powerful client service technology platform, a robust investment management research capability, and an array of programs for the training and development of financial professionals. Finally, its Strategic Investment Research Group provides research for the managed accounts business and subadvised mutual fund family, as well as Prudential's variable annuity, variable life, and retirement services offerings.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $901 billion of assets under management as of December 31, 2011, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com.

Fund risk information

The Fund may invest in foreign securities, which are subject to currency fluctuation and political uncertainty; non-U.S. issuer securities may also be less liquid than U.S. stocks and bonds; emerging market securities, which are subject to greater volatility and price declines; mid-cap stocks, which may be subject to more erratic market movements than large-cap stocks; short sales, which involve costs and the risk of potentially unlimited losses; illiquidity risk exists when particular investments are hard to sell; geographic concentration, which can result in more pronounced risks based upon economic conditions that impact one or more countries or regions more or less than other countries or regions; and derivative securities, which may carry market, credit, and liquidity risks. Asset allocation and diversification do not assure a profit or protect against loss in declining markets. These risks may increase the Fund’s share price volatility. There is no guarantee the Fund’s objective will be achieved. The risks associated with the Fund are more fully explained in the Fund’s prospectus and summary prospectus.

Consider a fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus or summary prospectus contains this and other information about the fund. Contact your financial professional for a prospectus or summary prospectus. Read them carefully before investing.

Mutual funds are distributed by Prudential Investment Management Services LLC, a Prudential Financial company and memberSIPC. Jennison Associates is a registered investment advisor and a Prudential Financial company. SIRG is a unit of Prudential Investments LLC (PI), and a research unit of Prudential Financial. Wealth Management Solutions is a division of PI, a Prudential Financial company. Prudential Investments, Prudential, Jennison Associates, Jennison, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.

Control Number: 0221111-00001-00

Prudential Financial, Inc.Darrell Oliver, 973-802-9627
[email protected]

Source: Prudential Financial, Inc.