ARTICLE
14 October 2016

New Public Alternative Funds (October 6, 2016)

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Herbert Smith Freehills Kramer LLP

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Nuveen Credit Opportunities 2024 Target Term Fund: Annual management fee to a maximum of 0.7% of the fund's average daily managed assets.
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Fund Name: Nuveen Credit Opportunities 2024 Target Term Fund
Adviser: Nuveen Fund Advisors LLC
Sub-Adviser(s): Symphony Asset Management LLC
Fees: Annual management fee to a maximum of 0.7% of the fund's average daily managed assets.
Open- or Closed-End: Closed-End (Exchange traded)
Investor Restrictions: Minimum investment of 100 common shares
Filing Date: Oct. 3, 2016
Effective Date: Pending
   
Fund Name: Nuveen Credit Opportunities 2022 Target Term Fund
Adviser: Nuveen Fund Advisors LLC
Sub-Adviser(s): Symphony Asset Management LLC
Fees: Annual management fee to a maximum of 0.7% of the fund's average daily managed assets.
Open- or Closed-End: Closed-End (Exchange traded)
Investor Restrictions: Minimum investment of 100 common shares
Filing Date: Oct. 3, 2016
Effective Date: Pending
   
Fund Name: Nuveen Credit Opportunities 2020 Target Term Fund
Adviser: Nuveen Fund Advisors LLC
Sub-Adviser(s): Symphony Asset Management LLC
Fees: Annual management fee to a maximum of 0.7% of the fund's average daily managed assets.
Open- or Closed-End: Closed-End (Exchange traded)
Investor Restrictions: Minimum investment of 100 common shares
Filing Date: Oct. 3, 2016
Effective Date: Pending
   
Fund Name: ACA/Prism Multi-Strat Alternatives Fund
Adviser: Crow Point Partners LLC
Sub-Adviser(s): Alternative Capital Advisers LLC
Fees: Advisory fee at the annual rate of 0.75% of the fund's average daily gross invested assets; The Adviser will also receive a fulcrum fee of between 0% and 1.50%, calculated using an annual base advisory fee rate of a specified amount of the average daily net assets of the Fund, adjusted by the Fundâ€"s performance over a rolling 12-month period relative to the HFRI Fund of Funds Conservative Index.
Open- or Closed-End: Closed-End (Quarterly repurchase)
Investor Restrictions: $25,000 minimum initial investment; $10,000 minimum subsequent investment
Filing Date: Sept. 13, 2016
Effective Date: Pending
   
Fund Name: TCW Diversified High Income 2021 Target Term Fund
Adviser: TCW Investment Management Company LLC
Sub-Adviser(s): None
Fees: Not specified
Open- or Closed-End: Closed-End (Exchange traded)
Investor Restrictions: Minimum investment of 100 common shares
Filing Date: Aug. 30, 2016
Effective Date: Pending

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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