Bridgeway Funds Selects Forum Financial Group to Provide Transfer Agency and Distribution Services; Forum to Service Bridgeway Mutual Funds.Business Editors PORTLAND, Maine--(BUSINESS WIRE)--Dec. 18, 2003 Forum Financial Group, a leading global service provider to the mutual fund industry, today announced that Bridgeway Funds, Inc. has selected Forum to provide transfer agency and distribution services to its series of no-load mutual funds No-load mutual fund An open-end investment company whose shares are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no-load fund has neither a sales charge nor a distribution fee. . "We are pleased to have been selected by Bridgeway for its transfer agency and distribution needs," said Tom Sheehan Thomas Clancy Sheehan (March 31 1894 - October 29, 1982) was an American pitcher, scout and manager in Major League Baseball. Born in Grand Ridge, Illinois, Sheehan, a righthander, had a six-year pitching career from 1915-1916, 1921 and 1924-1926, playing for the , Forum's Director of Business Development. "Bridgeway has been consistently recognized as a leader in the mutual fund industry and we are excited about this partnership." "We expect the association with Forum, itself a leader in servicing pooled-investment vehicles, will be a long and mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" relationship. Forum is known for providing exemplary customer service and customized solutions, which will allow us to better serve our investors year after year," said John Montgomery John Montgomery may refer to:
The Bridgeway Funds family consists of 11 distinct mutual fund portfolios, each with a different investment objective. Two of the funds, the Ultra-Small Company Fund and the Micro-Cap Limited Fund, are currently closed to all investments, while two others, the Aggressive Investors 1 Fund and Ultra-Small Company Market Fund, are closed to new shareholders. About Forum Financial Group, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Forum Financial Group is a leading service provider to the global mutual fund, hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" and offshore fund industries. From its operations centers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Poland and Bermuda, Forum provides comprehensive administration, distribution, fund and partnership accounting, transfer agency, shareholder servicing and custody for all types of pooled investment vehicles. Forum's domestic operations are headquartered in Portland, Maine. For more information, visit www.forum-financial.com. About Bridgeway Capital Management, Inc. and Bridgeway Funds, Inc. Bridgeway Capital Management, Inc., the Advisor to Bridgeway Funds, was founded in Houston in July 1993. Bridgeway Funds, the series mutual fund for which the company is best known, was incorporated in October 1993 and now has 11 funds with $1.5 billion in assets. For more information, visit www.bridgeway.com. |
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