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To invest in Brandywine Funds, or for more information, please visit www.brandywinefunds.com, or call Managers Investment Group at 800.368.4410.
Fund Objective
Brandywine Advisors Midcap Growth Fund seeks capital appreciation by investing in mid-cap, growth-equity securities. The Fund primarily invests in U.S. common stocks.
Fund Strategy
Brandywine Advisors Midcap Growth Fund's investment strategy emphasizes each company's ability to influence its share price through earnings growth. Friess Associates, the Fund's manager performs exhaustive, bottom-up research to identify companies with earnings-growth potential that has yet to be recognized by the broader investment community. To maximize upside potential and mitigate downside risk, Friess researchers focus on rapidly growing companies that also sell at reasonable multiples of earnings estimates.
Said simply, Brandywine Advisors Midcap Growth Fund invests in reasonably priced companies experiencing rapid earnings growth that show promise to exceed Wall Street earnings estimates. The Fund generally focuses on companies growing year-over-year earnings more than 20% while selling for less than 25 times earnings estimates for the next 12 months.
Brandywine Advisors Midcap Growth Fund primarily targets midsized companies with market capitalizations between $2 billion and $15 billion.
Fund Facts (as of 6/30/2008)
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| Investment Style |
Mid-Cap Growth |
| Benchmark |
Russell MidCap® Growth
|
| Sub Advisor |
Friess Associates
|
| Ticker |
BWAFX |
| Cusip |
10532B200 |
| Inception Date |
10/31/2000 |
Minimum Investment:
Initial / Subsequent
|
$10,000 /
$1,000 |
Minimum IRA Investment:
Initial / Subsequent
|
$10,000 /
$1,000 |
| Expense Ratio (Gross/Net) |
1.17% / 1.17% |
| Sales Charges |
None |
| 12b-1 fees |
None |
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.
Investments in foreign securities, even though publicly traded in the United States, may involve risks which are in addition to those inherent in domestic investments.
The Fund is subject to risks associated with investments in mid-capitalization companies such as erratic earnings patterns, competitive conditions, limited earnings history, and a reliance on one or a limited number of products.
Unlike the Fund, the Index is unmanaged, is not available for investment and does not incur expenses. Please see Index Definitions for all our funds' benchmarks.
Russell Midcap© Growth Index is a trademark of Russell Investments. Russell is a trademark of Russell Investments.
Managers Distributors, Inc. provides support on a wholesale basis related to making the Brandywine Funds available through various intermediaries.
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