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Tuesday, June 22, 2004

New Market Doubles Assets

by: Theresa Sim

The New Market Fund has acquired Old Dominion Investors Trust, upping its total assets to $10 million, the fund's advisor announced on Tuesday.

The New Market fund, started in June 1998, is part of The World Funds family.

The fund is advised by Stephen Goddard, president and founder of The London Company.

Shareholders approved the reorganization of Old Dominion Investors Trust on March 24. All Old Dominion shareholders will receive Class A shares of the New Market Fund.  

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