MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, July 1, 2004 Milwaukee Firm Reorgs Fund The board of Fiduciary Management, Inc. (FMI) Mutual Funds voted to reorganize the FMI Sasco Contrarian Value Fund into the Phoenix Mid-Cap Value Fund, the firm disclosed in a Tuesday SEC filing. Fairfield, Connecticut-based Sasco Capital, the subadvisor to the Sasco Contrarian Fund, will subadvise the reorganized fund. Currently, Bruce Bottomley and Daniel Leary, both managing directors at Sasco Capital, co-manage the Sasco Contrarian Fund. Phoenix Investment Counsel, a subsidiary of The Phoenix Companies, Inc., will advise the Phoenix Mid-Cap Value Fund. The new fund will have " substantially the same investment objectives, policies, strategies and risks as the FMI Sasco Contrarian Value Fund," officials stated in the filing. The Sasco fund had $6.3 million in net assets as of Wednesday's end. Printed from: MFWire.com/story.asp?s=7526 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |