2014

DoubleLine to Launch April 1 its First Equities Mutual Fund, DoubleLine Small Cap Growth DoubleLine CEO Gundlach, Portfolio Managers Nazer, Stallings to Host Webcast on the Fund

LOS ANGELES, March 26, 2013 /PRNewswire/ -- The DoubleLine Equities Small Cap Growth Fund, the first open-end domestic stock mutual fund managed by newly formed DoubleLine Equity LP, will open to investors on Monday April 1, 2013.  The fund will be offered in I shares under the symbol DBESX and N shares under the symbol DLESX.


Institutional

Retail


I-Share

N-Share

Ticker

DBESX

DLESX

Min Investment

$100,000

$2,000

Min IRA Investment

$5,000

$500

Gross Expense Ratio

1.26%

1.51%

Net Expense Ratio*

1.16%

1.41%

In conjunction with the launch of DBESX/DLESX, DoubleLine Capital LP and DoubleLine Equity LP (together with affiliates, "DoubleLine") will hold a webcast/conference call at 4:15 pm Eastern/1:15 pm Pacific on Monday April 1, 2013. Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine, will discuss his views on the equity markets and macro environment. A presentation on the fund strategy will be given by DoubleLine Equity partners Husam Nazer, portfolio manager of the fund, and Brendt Stallings, portfolio manager of other equity strategies at the firm.

To register for the webcast, please click here, or go to:
https://event.webcasts.com/starthere.jsp?ei=1015121

The DoubleLine Equities Small Cap Growth Fund seeks long-term capital appreciation. DoubleLine Equity LP intends to invest the fund's assets principally in equity securities of small capitalization U.S. companies or foreign companies whose shares trade on a U.S. exchange or are otherwise actively traded in the U.S., including in the form of American Depository Receipts (ADRs) and American Depository Shares (ADSs). The fund may invest in some securities that may trade principally or only outside the U.S.

Under normal circumstances, the fund will invest at least 80% of the value of its net assets (plus the amount of any borrowings for investment purposes) in equity securities issued by companies with market capitalizations1, at the time of acquisition, within the capitalization range of the companies included in the Russell 2000® Growth Index2.

In addition to the DoubleLine Equities Small Cap Growth Fund, DoubleLine has registered two other open-end mutual funds that the firm plans to open to investors in the coming months, the DoubleLine Equities Growth Fund (I shares DBEGX/N shares DLEGX) and the DoubleLine Equities Technology Fund (I shares DBETX/N shares DLETX).

1.

Market Capitalization is the market price of an entire company, calculated by multiplying the number of shares outstanding by the price per share.

2.

Russell 2000 Growth Index measures the performance of the small-cap growth segment of the U.S. equity universe. You cannot invest directly in an index.

*The adviser has contractually agreed to waive fees and reimburse expenses through 04/01/2014.

Stallings and Nazer previously headed the Small and Mid-Cap Growth Equities Group with $5 billion in assets under management at TCW. They are supported a dedicated research team of four analysts and a trader.

About DoubleLine Capital LP and DoubleLine Equity LP

DoubleLine Capital LP and DoubleLine Equity LP (together with affiliates, "DoubleLine") are registered investment advisers under the Investment Advisers Act of 1940. DoubleLine CEO Jeffrey Gundlach, who previously served as Chief Investment Officer of TCW and headed that firm's largest investment group, launched DoubleLine in December 2009 with more than 40 of his colleagues. DoubleLine Equity launched in January 2013. Today DoubleLine employs more than 90 people, is majority-owned by its employees and manages more than $53 billion in asset allocation, bond and stock strategies. DoubleLine's headquarters is in Los Angeles, CA. Its offices can be reached by telephone at (213) 633-8200 or by e-mail at info@doubleline.com. Media can reach DoubleLine by e-mail at media@doubleline.com.

The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1 (877) 354-6311/ 1 (877) DLINE11. Read it carefully before investing.
The information in this communication is not complete and may be changed.  We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective.  This communication is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.
References to other mutual funds should not be interpreted as an offer of these securities.
The DoubleLine Equities Small Cap Growth Fund, DoubleLine Equities Growth Fund and DoubleLine Equities Technology Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.  These risks are greater for investments in emerging markets.  In order to achieve its investment objectives, the Fund may use certain types of exchange traded funds or investment derivatives.  Derivatives involve risks different from, and in certain cases, greater than the risks presented by more traditional investments.
ETF investments involve additional risks such as the market price trading at a discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a fund's ability to sell its shares.
The Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility.  Investments in debt securities typically decrease in value when interest rates rise.  This risk is usually greater for longer-term debt securities.  Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities.  Equities may decline in value due to both real and perceived general market, economic and industry conditions.
The DoubleLine Equities Small Cap Growth Fund and DoubleLine Equities Technology Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility. 
The DoubleLine Equities Technology Fund invests in technology companies.  Investments in technology companies may be highly volatile.  Their values may be adversely affected by such factors as, for example, rapid technological change, changes in management personnel, changes in competitive environment, and changes in investor sentiment.  Many technology companies are small or mid-sized companies any may be newly organized.  The fund may also experience concentration risk.  Concentrating investments in information technology-related companies increases the risk of loss because the stocks of many or all of those companies may decline in value due to developments adversely affecting the industries in which they operate.
DoubleLine Group includes DoubleLine Capital, LP and DoubleLine Equity, LP.
DoubleLine Equity, LP is the advisor for the DoubleLine Equity Funds. The DoubleLine Equity Funds are distributed by Quasar Distributors, LLC.

SOURCE DoubleLine



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