Chicago Equity Partners Balanced Fund

MBEYX Morningstar Risk-Adjusted Ratings as of February 28, 2010
Overall Rating 3 Years 5 Years 10 Years Category

(of 962 Funds)
(of 962 Funds)
(of 783 Funds)
(of 441 Funds)		 Moderate Allocation


For additional information regarding the Fund’s management, investment philosophy, and investment process, please download the product profile.

Objective

The Managers AMG Chicago Equity Partners Balanced Fund seeks to achieve a high total investment return consistent with the preservation of capital and prudent investment risk.

Fund Focus

The Fund invests approximately 50-65% of its total assets in equity securities and invests the remainder in bonds and other fixed income securities, as well as cash or cash equivalents. The equity portion of the Fund is invested primarily in a diversified portfolio of U.S. common stocks, as well as other U.S. and foreign securities, including convertible securities and warrants. Normally, the equity portion of the Fund will focus on large- and medium-sized companies.

The Fund will invest at least 25% of its total assets in fixed income securities from a wide range of domestic and foreign fixed income securities. The Fund may also invest up to 25% of its total assets in below-investment grade securities (“junk bonds”) that CEP believes do not involve undue risk to income or principal. Incorporating fundamental, “bottom-up” credit and market analysis, CEP invests the Fund’s assets primarily in bonds with 7 to 30-year maturities.

Where This Mutual Fund May Fit As Part Of Your Asset Allocation

The Managers AMG Chicago Equity Partners Balanced Fund may be appropriate for your overall investment allocation if you are:

  • Seeking an opportunity for additional returns from a portfolio that holds both equity and fixed income securities
  • Willing to accept short-term volatility of returns

Fund Facts

Chicago Equity Partners Balanced Fund
Investment Style Domestic Allocation
Benchmark(s) 60% Russell 1000® & 40% Barclays Capital U.S. Aggregate Bond; 60% S&P 500 & 40% Barclays Capital U.S. Aggregate Bond
Subadvisor(s) Chicago Equity Partners, LLC
Net Assets $18,135,473
  Class A Class B Class C Institutional
Ticker MBEAX MBEBX MBECX MBEYX
Cusip 56171P844 56171P836 56171P828 56171P810
Inception Date 1/02/1997 2/10/1998 2/13/1998 1/02/1997
Minimum Investment
(Initial / Subsequent) 		$2,000 /
$100		 $2,000 /
$100		 $2,000 /
$100		 $2,500,000 /
$1,000
Minimum IRA Investment
(Initial / Subsequent) 		$1,000 /
$100		 $1,000 /
$100		 $1,000 /
$100		 $50,000 /
$1,000
Expense Ratio (Gross / Net) 1.78% / 1.25% 2.53% / 2.00% 2.53% / 2.00% 1.53% / 1.00%
Maximum Sales Charges 5.75% 5.00% 1.00% N/A
12b-1 fees 0.25% 1.00% 1.00% N/A
Learn more about share classes offered by Managers Investment Group.

Disclosure

Investors should carefully consider the Fund's investment objectives, risks, charges, and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.

The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses. Unlike the Fund, the index listed is unmanaged, is not available for investment, and does not incur expenses.

Class B shares convert to an equal dollar value of Class A shares at the end of the eighth year after your purchase.

Class C shares convert to an equal dollar value of Class A shares at the end of the tenth year after purchase.

Annual expense ratio as of 05/01/2009. The Fund's Investment Manager has contractually agreed, through May 1, 2010, to limit Fund operating expenses. The net expense ratio reflects this limitation, while the gross expense ratio does not. Please refer to the Fund's prospectus for additional information on the Fund's expenses.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metric.

Morningstar Rating is for the share class indicated only (see ticker), other share classes may have different performance characteristics. The Ranking may reflect the waiver of all or a portion of the fund's fees. Without such waiver, the Rankings may have been lower.

© 2010 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damamges or losses arising from any use of this information.
Downloadable Documents
Fund Pricing 03/19/10
Class A
NAV: $12.84
NAV $ Change: -$0.05
NAV % Change: -0.39%
YTD Return (as of 02/28/10)
- at NAV
- with Load -4.82%
Class B
NAV: $12.65
NAV $ Change: -$0.05
NAV % Change: -0.39%
YTD Return (as of 02/28/10)
- at NAV
- with Load -4.18%
Class C
NAV: $12.74
NAV $ Change: -$0.05
NAV % Change: -0.39%
YTD Return (as of 02/28/10)
- at NAV
- with Load -0.18%
Institutional
NAV: $12.95
NAV $ Change: -$0.06
NAV % Change: -0.46%
YTD Return (as of 02/28/10)
- at NAV 1.05%
- with Load
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