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Stewart Capital Advisors, LLC Introduces Stewart Capital Mid Cap Fund.


INDIANA, Pa. -- Stewart Capital Advisors, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a subsidiary of S&T Bancorp (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:STBA STBA S&T Bancorp, Inc.
STBA Statistisches Bundesamt
STBA Southern Tree Breeding Association (Australia)
STBA Sekolah Tinggi Bahasa Asing
STBA Splitska Banka
STBA Scottish Tenpin Bowling Association
STBA South Tyrol Biomass Association
) and the adviser to the Stewart Capital Mutual Funds, today announced the national launch of the Stewart Capital Mid Cap Fund.

As a diversified, open-end fund Open-End Fund

A mutual fund that continues to sell shares to investors, and will buy back shares when investors wish to sell.

Notes:
Open-end funds have no limit to the number of shares they can issue. The majority of mutual funds are open end.
, Stewart Capital Mid Cap Fund seeks long-term capital appreciation. The Fund invests primarily in equity securities of U.S. companies and focuses on a relatively small number of intensively researched companies whose market caps fall within the market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
 range of companies within the Russell Midcap Index The Russell Midcap Index is a stock index of US stocks.

The ticker is "RMC" or similar.

See Russell Indexes page for main discussion.

See also the iShares Russell Midcap. External links
  • Yahoo! Finance page for ^RMC
  • Russell Indexes
. Stewart Capital Advisors, LLC uses a team-managed approach, with Malcolm Polley, chief investment officer, leading the team.

"We are pleased to be announcing this expansion of our investment capabilities," said Todd Brice, president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of S&T Bank. "The Stewart Capital Mid Cap Fund will enable Stewart Capital to reach out to the retail segment of the marketplace."

"The Stewart Capital Mid Cap Fund allows individual investors the opportunity to access Stewart Capital Advisor's investment expertise, which focuses on underlying business valuation," noted Polley.

To learn more about the Stewart Capital Mid Cap Fund, please contact your financial advisor, or call 877.420.4440, or visit us online at stewartcap.com.

About Stewart Capital Advisors, LLC

In addition to serving as the investment adviser for the Stewart Capital Mutual Funds, Stewart Capital Advisors, LLC manages private accounts for individuals and institutions and has $960 million in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. .

About S&T Bank

Headquartered in Indiana, PA, S&T Bancorp, Inc. operates 50 offices within Allegheny, Armstrong, Blair, Butler, Cambria, Clarion, Clearfield, Indiana, Jefferson and Westmoreland counties. With assets of $3.3 billion, S&T Bancorp, Inc. stock trades on the NASDAQ Global Select Market under the symbol STBA.
--------------------------------------------------------- | NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE | ---------------------------------------------------------


You should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. For a prospectus, that contains this and other information about the Fund, please call 877.420.4440 or visit stewartcap.com. Please read the prospectus carefully before investing.

Stewart Capital Mutual Funds are distributed by Grand Distribution Services, LLC
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 24, 2007
Words:351
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