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Monday, November 10, 2003|
Bridgeway Launches New Funds
They are: the Bridgeway Small-Cap Growth Fund, the Bridgeway Small-Cap Value Fund, the Bridgeway Large-Cap Growth Fund and the Bridgeway Large-Cap Value Fund. The new offerings bring Bridgeway Funds to eleven domestic no-load funds.
The objective of each fund is to provide long-term total return of capital, primarily through capital appreciation, the large-cap value fund will also seek some income.
We are excited to address the needs of individuals and financial advisers who require strict adherence to a particular style box, said John Montgomery, Bridgeway Capital Management's founder. "Our investment management team is using some of the same quantitative models we apply to other Bridgeway funds. The application of these models will be less aggressive than on some of our other funds so we can achieve our goals of lower turnover, lower cost, and better tax efficiency.
Shares of the funds can be purchased directly from Bridgeway or through various mutual fund market places.
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