With interest in investing abroad increasing, Keystone Group Inc. is launching a new international mutual fund.
The Keystone Pan Pacific Resources Fund will invest in companies in the Pacific region and Latin America.
The fund, which is currently in registration with the Securities and Exchange Commission, will be available with three types of sales fees. Investors can pay the sales charge up front, pay a back-end load, which declines over time, when they cash out, or pay an annual management fee.
Keystone, which is based in Boston, sells its mutual funds exclusively through banks and other financial intermediaries.