Essex Large Cap Growth Fund

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

Objective

The Managers AMG Essex Large Cap Growth Fund seeks to achieve long-term capital appreciation through investment in a diversified portfolio of equity securities. Income is the Fund's secondary objective.

Fund Focus

The Managers AMG Essex Large Cap Growth Fund invests 80% of its assets in securities of large-capitalization companies. Additionally, the Fund usually invests primarily in common and preferred stocks of U.S. companies. The term "large-capitalization" companies refers to companies that, at the time of purchase, have a market capitalization equal to or greater than the top 80% of companies in the Russell 1000® Growth Index.

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

The Managers AMG Essex Large Cap Growth Fund may be appropriate for your overall investment allocation if you are:

  • Looking to gain exposure to large-capitalization companies
  • Seeking a potential source of capital appreciation
  • Willing to accept short-term volatility of returns

Fund Facts

Essex Large Cap Growth Fund
Investment Style Large-Cap Growth
Benchmark(s) Russell 1000®Growth
Subadvisor(s) Essex Investment Management Company, LLC
Net Assets $11,878,625
Ticker MGCAX
Cusip 561717109
Inception Date 6/01/1984
Minimum Investment
(Initial / Subsequent) 		$2,000 /
$100
Minimum IRA Investment
(Initial / Subsequent) 		$1,000 /
$100
Expense Ratio (Gross / Net) 1.72% / 1.47%
Maximum Sales Charges N/A
12b-1 fees N/A

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.

Annual expense ratio as of 04/01/2010. Managers Investment Group LLC (the “Investment Manager”) has contractually agreed, until at least April 1, 2011, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, interest, brokerage commissions, acquired fund fees and expenses, and extraordinary items) to 1.29% of the average daily net assets of the Fund, subject to later reimbursement by the Fund in certain circumstances, provided that the amount of management fees waived will not exceed 0.25% of the Fund’s average net assets.
Downloadable Documents
Fund Pricing 09/02/10
NAV: $25.72
NAV $ Change: $0.38
NAV % Change: 1.50%
YTD Return (as of 08/31/10)
- at NAV -4.50%
- with Load
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