Concerned that U.S. investors are overexposed to familiar large-cap names, Motley Fool Asset Management has launched Motley Fool Great America Fund, a follow-up to the thriving Motley Fool Independence Fund.
Motley Fool Asset Management's first mutual fund--christened Motley Fool Independence Fund--was launched in 2009 and attracted nearly $100 million in its first year. Roughly six months later, Motley Fool Asset Management grew to $200 million in assets, suggesting high investor trust in the Motley Fool endeavor.
While Motley Fool Independence Fund invests in both domestic and international companies, Motley Fool Great America Fund seeks to fill what is often a crucial hole in U.S. investors' stock portfolios by focusing on lightly followed U.S. companies that may offer real value opportunities for patient, long-term stock investors.
"The Motley Fool has been critical of the mutual fund industry for more than 15 years for practices that put the interests of the managers over those of the investors, including high turnover, closet indexing and time horizons measured in months, at longest," said Bill Mann, portfolio manager at Motley Fool Asset Management. "We launched Motley Fool Independence Fund and Motley Fool Great America Fund with the belief that there was a ready market for funds that treat shareholders like members rather than clients. Judging from the response, it looks like we were right."
Not all funds are created equal and Motley Fool Asset Management believes that the investor's interests come first. Those who choose Motley Fool Independence Fund or Motley Fool Great America Fund will benefit from:
- Fair, performance-based fees - Motley Fool Asset Management has a financial incentive to help investors do better than the market. The "fulcrum fee" compensation model means that the fees are based on the performance of the fund.
- Frank, friendly communications - Through monthly newsletters, an annual in-person investors meeting and twice yearly conference call forums, fund managers promise to talk to investors frequently and frankly, in plain English, like a trusted partner. Motley Fool Asset Management won't hide if things do get tough (it happens).
- Unwavering temperament - Motley Fool Asset Management doesn't get rattled in rocky waters or chase the latest Wall Street fad.
- 21st century convenience - Motley Fool Asset Management aims to provide the most convenient investing process in the industry. Thanks to a secure, interactive website, FoolFunds.com, getting invested and managing accounts is fast and easy.
"For more than 15 years, people have asked The Motley Fool for more hands-on help managing their investment portfolios," said Tom Gardner, Motley Fool co-founder and CEO. "They're not asking for the moon and stars. They just want transparency, accountability, clear guidance and performance -- something they're not always getting enough of from the starched shirts on Wall Street. Motley Fool Asset Management and its new Motley Fool Great America Fund are our answer. It's all there at FoolFunds.com."
For more information or to schedule an interview with Bill Mann, Motley Fool Great America and Motley Fool Independence funds manager, contact Alison Southwick at 703-254-1475 or asouthwick(at)fool(dot)com.
About Motley Fool Asset Management: Motley Fool Asset Management was established in 2008 by The Motley Fool Holdings, Inc., a multimedia financial-services company located in Alexandria, Va. Launched in June 2009, the Motley Fool Independence Fund was the first of MFAM's envisioned family of mutual funds. Inspired by The Motley Fool's philosophy and values, the Motley Fool Independence and Great America Funds strive to deliver long-term performance, with an emphasis on independent investment thinking and disciplined financial analysis -- plus Foolishly clear shareholder communications. The Fund is managed by Bill Mann, a seasoned equities analyst who previously served as the senior advisor of the Motley Fool Hidden Gems and Hidden Gems Pay Dirt small-cap investment services, and was the founding advisor for the Motley Fool Global Gains international-stock newsletter.
Please consider the charges, risks, expenses, and investment objectives carefully before you invest. Please see either the Independence Fund prospectus or the Great America Fund prospectus containing this and other information. Read it carefully before you invest or send money.
Investments in securities of small-cap companies involve greater risks than do investments in larger, more established companies, because they may lack the management experience, financial resources, product diversification, and competitive strength of larger companies.
Investing in securities of foreign companies involves risks generally not associated with investments in securities of U.S companies, including the risks of fluctuations in foreign currency exchange rates, unreliable and untimely information about the issuers, and political and economic instability.
Motley Fool Funds are distributed by BNY Mellon Distributors Inc., 760 Moore Road, King of Prussia, PA 19406
Read the full story at http://www.prweb.com/releases/2011/3/prweb8174057.htm