Conventional wisdom suggests that about 20-30% of equity allocations should be in international equities, and according to Ibbotson Associates, investors should keep a third of their stock holdings overseas.* As you plan for and manage overall portfolio allocations, here are three potential ways to diversify with global/international equities.

These Funds are managed by Tradewinds Global Investors, LLC. Tradewinds embraces a global strategy that combines investments in both domestic and international equities, represented by the spectrum above. We remain active across sectors, industries, and companies as opposed to focusing on regions or economic and political forecasts.

An investment in the Funds is subject to market risk or the risk that stocks in the portfolio will decline in response to such factors as adverse company news or industry developments or a general economic decline. Investments in small- or mid-cap companies are subject to greater volatility and price fluctuations and value-style investing may fall out of favor or under-perform other investing styles. International stocks are subject to certain risks of overseas investing, including currency fluctuations and changes in political and economic conditions, which could result in significant market fluctuations. These risks are magnified in emerging markets. As with any mutual fund, possible loss of principal is a risk of investing.

^* Source: Davis, Christopher, "How Much Foreign Exposure Do You Need?" Morningstar, August 28, 2007. Ibbotson Associates is a Morningstar-owned company.

The Nuveen Tradewinds Global All-Cap Fund and the Nuveen Tradewinds International Value Fund charge a 2% redemption fee on the proceeds of Fund shares redeemed or exchanged within 30 days of acquisition. The Funds may waive the fee in specified circumstances. See the prospectus for additional information.