Special Equity Fund

Objective

The Managers Special Equity Fund’s objective is to achieve long-term capital appreciation through a diversified portfolio of equity securities of small- and medium-sized companies.

Fund Focus

Managers Special Equity Fund invests at least 80% of its assets in equity securities, generally common and preferred stocks of U.S. companies. Although the Fund is permitted to purchase securities of both small- and medium-capitalization companies, the Fund has historically invested substantially all of its assets in the securities of small-capitalization companies — that is, companies with market capitalizations within the range of the Russell 2000® Growth Index. However, the Fund may purchase or retain securities that are outside the Fund’s typical capitalization range.

Managers Special Equity Fund is designed to provide broad exposure to small-cap, growth-oriented equities. This is achieved by employing a number of investment managers, each with a different focus and approach to investing in the small-cap market. The Fund is subadvised by a team of four institutional managers, each of which has a different focus and approach to investing in small-cap stocks: Federal MDTA LLC; Lord, Abbett & Co LLC; Ranger Investment Management, L.P.; and Smith Asset Management Group, L.P.

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

The Managers Special Equity Fund may be appropriate for your overall investment allocation if you are:

  • Looking to gain exposure to small- and mid-cap stocks
  • Seeking a potential source of capital appreciation
  • Willing to accept short-term volatility of returns

Fund Facts

Special Equity Fund
Investment Style Small-Cap
Benchmark(s) Russell 2000® Growth; Russell 2000®
Subadvisor(s) Smith Asset Management Group, L.P.; Lord, Abbett & Co, LLC; Ranger Investment Management, L.P.; Federated MDTA LLC
Net Assets $261,257,847
  Managers Institutional
Ticker MGSEX MSEIX
Cusip 561717208 561717752
Inception Date 6/01/1984 5/03/2004
Minimum Investment
(Initial / Subsequent) 		$2,000 /
$100		 $2,500,000 /
$1,000
Minimum IRA Investment
(Initial / Subsequent) 		$1,000 /
$100		 $2,500,000 /
$1,000
Expense Ratio (Gross / Net) 1.52% / 1.49% 1.27% / 1.24%
Maximum Sales Charges N/A N/A
12b-1 fees N/A 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.

Annual net expense ratios as of 05/01/09.

Downloadable Documents
Fund Pricing 03/09/10
Managers
NAV: $41.86
NAV $ Change: $0.14
NAV % Change: 0.34%
YTD Return (as of 02/28/10)
- at NAV -0.38%
- with Load
Institutional
NAV: $42.33
NAV $ Change: $0.14
NAV % Change: 0.33%
YTD Return (as of 02/28/10)
- at NAV -0.40%
- with Load
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