Sentinel Advisors Announces Fund Management Changes.MONTPELIER, Vt. -- Sentinel Advisors Company, asset manager for the Sentinel Funds, has announced fund management changes with respect to Sentinel Balanced (SEBLX), Common Stock (SENCX), Core Mid Cap (SCRRX) and Small Company (SAGWX) funds. Effective September 20, 2004, Sentinel Common Stock Fund, and the equity portfolio of Sentinel Balanced Fund Balanced Fund A mutual fund that invests its assets into the money market, bonds, preferred stock, and common stock with the intention to provide both growth and income. Also known as an asset allocation fund. , will be managed by a team headed by Daniel J. Manion, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. . Manion, who has more than 15 years of investment experience, has been with Sentinel since 1993 and has served as co-manager of Sentinel Common Stock Fund and the equity portfolio of Sentinel Balanced Fund during most of that period. The bond portfolio of the Balanced Fund will continue to be managed by David Brownlee, CFA. Also effective September 20, the portfolios of the Sentinel Core Mid Cap and Small Company funds will be managed by teams headed by Charles C. Schwartz, CFA. Schwartz, who has 13 years of investment experience, joined Sentinel in 1996 and has served as co-manager of Sentinel Growth Index Fund since its inception in 1999, and as senior member of the Small Company management team for more than five years. Both Manion and Schwartz have been major contributors to the Funds' investment strategies during these time periods. The investment management objectives, strategies, policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental of the Funds will remain unchanged. The management changes follow the resignations of Sentinel portfolio managers Van Harissis and Scott Brayman. Founded in 1934, Sentinel is one of America's oldest fund families. Approximately $4 billion in assets are managed in 17 funds among some 206,000 accounts for individual, corporate and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. . Fund shares are distributed by Sentinel Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Company, Montpelier, Vermont Montpelier (IPA: [mɑntˈpiːljɝ]) is the capital of the U.S. state of Vermont and the shire town of Washington County. As the capital of Vermont, Montpelier is the site of the Vermont State House. . |
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