Sentinel Asset Management is using a recent name debacle to talk about their successes. Tuesday last week, news reports surfaced about a different company whose name also includes the word "Sentinel," seeking to halt client redemptions. The news reports prompted many calls to Vermont-based Sentinel Asset Management by clients who wanted to make sure that it was not the firm being referred to in the reports. Sentinel's CEO Christian W. Thwaites took this opportunity to explain to media and investors alike the recent success his company has had. The company that was the subject of the news reports was Northbrook, Illinois-based Sentinel Management Group.
Sentinel Asset Management has used the recent news reports of a
company with a similar name as an opportunity to trumpet its own successes.
"The performance of our group has been quite outstanding," said Christian W. Thwaites, president and
CEO of Sentinel. His comments come amid the front-page headlines generated by Illinois money
management firm, Sentinel Management Group, after they sought to halt withdrawals by their clients
Thwaites said the daily news reports of the troubled company have prompted many calls to the
Vermont-based Sentinel, which is not related to or affiliated with the Illinois company. "We've had a
lot of people call who were sure it wasn't us, but wanted to make sure," he said.
Thwaites said Sentinel Asset Management's $5.5 billion family of mutual funds continues to get high
marks from third-party rating agencies such as Morningstar and Lipper. "These rankings and ratings
achievements do not come easy and our progress in this area reflects very highly on our portfolio
managers who are managing the funds in pursuit of consistent risk-adjusted returns," he said. "Their
focus on strong companies, balance sheets and management teams follow precepts and concepts that
have been well tested and have proven to succeed over many cycles."
Thwaites said he is incredibly proud of the performance of the Sentinel Funds.
"For some time now we have been saying to the investment community 'view us as a premier
investment manager, benchmark us, and show us against some of the best investment managers in the
industry,'" he said. "It's a bold statement on our part, but we believe that we can stack up well against
Thwaites said that Sentinel has been undergoing a metamorphosis, as the company has focused its
efforts on performance, service, distribution and investment management.
"We're moving away from being a product-driven company just offering mutual funds, to being an
investment management company," he said. Sentinel unveiled its new brand identity--Sentinel
Sentinel has been growing steadily through acquisitions, buying Bramwell Capital last year and
completing the purchase this year of the Synovus family of mutual funds.
The companies comprising Sentinel Investments have offices in Montpelier, New York, Boston,
Philadelphia and San Francisco, and are members of the Vermont-based National Life Group.
Consider a fund's objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other
information and is available from your financial advisor and online at www.sentinelinvestments.com. Please read the
prospectus carefully before you invest. Sentinel Funds are distributed by Sentinel Financial Services Company, One
National Life Drive, Montpelier, Vermont 05604.
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