Sterling Capital International Fund intends to liquidate in January

By Toni Weeks

San Diego, Nov. 29 - The board of trustees of Sterling Capital Funds has approved the liquidation and termination of the Sterling Capital International Fund, according to a 497 filing with the Securities and Exchange Commission.

The assets of the fund will be liquidated on Jan. 31 and distributed pro rata to its shareholders.

Shareholders may exchange their shares into the same class of shares of any other of Sterling Capital's funds at no charge, subject to minimum investment requirements. IRA shareholders will have their proceeds invested automatically into the same class of shares of the Sterling Capital U.S. Treasury Money Market Fund unless the shareholders specify otherwise before Jan. 29.

The funds are managed by Charlotte, N.C.-based Sterling Capital Management LLC.

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