Constellation Launches Two New Funds
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Tuesday, July 05, 2005

Constellation Launches Two New Funds

Constellation Funds has added two new funds to its family of 27 funds. The JSAM Large Cap Value Portfolio and the JSAM Value Portfolio are both subadvised by John Schneider of JS Asset Management.

The initial minimum investment for the funds is $10,000 until August 1. The normal minimum investment is $100,000.

“Our goal is to provide access to top flight institutional money managers that might not otherwise be available to investors,” stated John Grady, chief executive officer at the Constellation Funds Group.

The net operating expenses of the funds are 78 basis points for the Large Cap Value Portfolio and 80 basis points for the Value Portfolio, according to the funds' prospectus.

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