TCW-MetWest Fund Complex Tops $50 Billion in Assets

January 24, 2013

LOS ANGELES – January 24, 2013 – The TCW Group (TCW), an international asset-management firm, announced that total assets under management in its TCW and MetWest-branded mutual funds have surpassed $50 billion.

Strong investment performance across fixed income, equity and international asset classes, combined with net inflows of more than $18 billion into the fund complex, has resulted in growth in mutual fund assets of more than 90% since the end of 2010, when the complex had $26.2 billion in assets.

“We’re very gratified with the continued support from our investors, and very pleased to have reached this milestone,” said TCW President and CEO David Lippman. “As we begin 2013, our focus remains firmly fixed on providing our clients with outstanding service and consistent results.”

The combined fund complex attracted $7.4 billion in net inflows in 2011, $10.2 billion in net inflows in 2012 and has attracted over $1.0 billion in net inflows to date in January 2013. 

Several funds in particular have powered TCW’s mutual fund growth. In the last two years alone (since the end of 2010), assets in the MetWest Total Return Bond Fund (MWTIX/MWTRX) have more than doubled, from $11.6 billion to $24.4 billion; assets in the TCW Emerging Markets Income Fund (TGEIX/TGINX) have increased by more than 300%, from $1.6 billion to $6.7 billion; and assets in the TCW Total Return Bond Fund (TGLMX/TGMNX) have increased by 70%, from $5.1 billion to $8.8 billion.

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 $138 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. For more information, please refer to Metropolitan West Asset Management LLC (MetWest), acquired by TCW in February 2010, is a wholly-owned subsidiary of TCW.

Past performance is no guarantee of future results.

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 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 Foreside Fund Distributors, LLC. 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.

Peter Viles
Managing Director, Corporate Communications
(213) 244-0509
Twitter: @TCWGroup