Fund Objective
The Managers AMG Chicago Equity Partners Mid-Cap Fund's objective is to provide a high total return, consistent with the preservation of capital and a prudent level of risk.
Fund Strategy
The Managers AMG Chicago Equity Partners Mid-Cap Fund (formerly Mid-Cap Fund) seeks to achieve its investment objective by investing in a diversified portfolio consisting of the common stocks of medium-sized companies which will generally be listed on the New York or American stock exchanges or on NASDAQ and be widely held among a large number of investors.
The Fund invests at least 80% of its assets in companies that, at the time of purchase, have market capitalizations between $1 billion and $12 billion. The Fund may also invest in other U.S. and foreign securities, including foreign securities and warrants. The Fund's benchmark is the S&P MidCap 400 Index.
Fund Facts (as of 6/30/2008)
| Investment Style |
Mid-Cap Core |
| Benchmark |
S&P MidCap 400
|
| Sub Advisor |
Chicago Equity Partners, LLC
|
| Net Assets |
$60,200,000 |
| |
Class A |
Class B |
Class C |
Institutional |
| Ticker |
MKPAX |
MKPBX |
MKPCX |
MKPYX |
| Cusip |
56171P885 |
56171P877 |
56171P869 |
56171P851 |
| Inception Date |
1/02/1997 |
1/28/1998 |
2/19/1998 |
1/02/1997 |
Minimum Investment:
Initial / Subsequent
|
$2,000 / $100 |
$2,000 / $100 |
$2,000 / $100 |
$2,500,000 / $0 |
| Expense Ratio (Gross/Net) |
1.36% / 1.24% |
2.11% / 1.99% |
2.11% / 1.99% |
1.11% / 0.99% |
| Sales Charges |
5.75% |
5.00% |
0.00% |
None |
| 12b-1 fees |
0.25% |
1.00% |
1.00% |
None |
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 the performance data quoted. 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 and the returns and yields on the indices exclude expenses. Current performance of the Fund may be lower or higher than the performance quoted. Performance data shown is current to the most recent month end.
The Fund or Strategy 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.
Class C shares convert to an equal dollar value of Class A shares at the end of the tenth year after purchase.
Annual net expense ratio as of 05/01/08. The investment manager has contractually agreed, through at least May 1, 2008, to limit Total Annual Fund Operating Expenses (exclusive of taxes, interest, brokerage, acquired fund expenses and extraordinary items) to the expense cap ratios listed of each class' average daily net assets.
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.
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| Fund Pricing 07/03/08 |
|
| Class A |
| NAV: |
$12.39 |
| NAV $ Change: |
-$0.19 |
| NAV % Change: |
-1.51% |
| YTD Return: |
-5.63% |
|
| Class B |
| NAV: |
$11.57 |
| NAV $ Change: |
-$0.17 |
| NAV % Change: |
-1.45% |
| YTD Return: |
-5.94% |
|
| Class C |
| NAV: |
$11.55 |
| NAV $ Change: |
-$0.18 |
| NAV % Change: |
-1.53% |
| YTD Return: |
-5.94% |
|
| Institutional |
| NAV: |
$13.09 |
| NAV $ Change: |
-$0.2 |
| NAV % Change: |
-1.50% |
| YTD Return: |
-5.48% |
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YTD Returns are presented
No Load. For complete
information including
Performance With Load,
see Daily Pricing.
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