Westcore Growth Fund Announces New Portfolio Team.Business Editors DENVER--(BUSINESS WIRE)--April 14, 2004 Ross G. Moscatelli, 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. , has been appointed Portfolio Manager of the Westcore Growth Fund, joining Victoria K. Cunningham as an existing Portfolio Manager in a newly formed portfolio management team. As part of a planned transition, Mr. Moscatelli and Ms. Cunningham will replace former Lead Portfolio Manager Milford H. Schulhof, II, who will work with the team until his retirement from Denver Investment Advisors LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the Fund's adviser, effective August 2, 2004. Westcore has also retained Derek Scarth as a Senior Research Analyst to work closely within the portfolio management process. In addition to being named Westcore Growth Fund Portfolio Manager, Mr. Moscatelli will become Director of Large-Cap Growth Research within Denver Investment Advisors LLC, the Fund's adviser. Mr. Moscatelli, rejoins the firm from Invesco Funds Group, Inc., where he served as an Associate Portfolio Manager since 2001. From 1997 to 2001, he was a member of the Equity Growth research team at Denver Investment Advisors. Prior to that, Mr. Moscatelli worked as an Investment Banking Financial Analyst/Associate with Morgan Keegan & Company. Mr. Moscatelli received his Bachelor of Arts from Duke University. He has a total of nine years of growth investment experience and is a Chartered Financial Analyst Chartered Financial Analyst (CFA) An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. . Mr. Scarth has four years of direct investment experience as Analyst and Assistant Portfolio Manager for Berger Financial Group. He received his Masters of Science in Management from University of Denver Background and rankings The University was founded in 1864 as Colorado Seminary by John Evans, the former Territorial Governor of Colorado, who had been appointed by US President Abraham Lincoln. and has a Bachelor of Arts from Regis University Campuses Regis University has several campuses throughout the state of Colorado. The main campus is located in northwest Denver at 50th and Lowell Boulevard. Other sites include: Aurora, Longmont, Colorado Springs, Denver Tech Center, Fort Collins and Interlocken at Broomfield. . "In bringing Ross Moscatelli and Derek Scarth to work with our existing team of Victoria Cunningham Victoria Cunningham (born May 28, 1952 in Memphis, Tennessee) is an American actress and model. She was Playboy magazine's Playmate of the Month for the April 1975 issue. Her centerfold was photographed by Mario Casilli. and Whitney Townsend, we believe we have created a dynamic group that is well-versed in the intricacies of growth investing Growth Investing A strategy whereby an investor seeks out stocks with what they deem good growth potential. In most cases a growth stock is defined as a company whose earnings are expected to grow at an above-average rate than its industry or the overall market. ," said Jeffrey D. Adams, Westcore Funds President. "Together, they bring a winning combination of strengths, ranging from broad industry expertise to analytical excellence." Compiling 17 years of investment management experience, Ms. Cunningham joined Denver Investment Advisors in 2000 as Vice President and Portfolio Manager in the firm's Wealth Management Group and assumed co-management responsibilities for the Westcore Growth Fund in October 2003. Prior to joining Denver Investment Advisors, she served as Senior Portfolio Manager with Wells Fargo and as Portfolio Manager with United Asset Management Services. "The new team will work closely with Mil Schulhof over the next four months to ensure a seamless transition," said Mr. Adams. "In keeping with its investment objective, the Westcore Growth Fund will continue to seek long-term total return by investing in equity securities selected for their growth potential and income-producing abilities." With over $6.4 billion in combined 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. (a), Denver Investment Advisors LLC has built a four-decade history of research excellence. The 100% no-load Westcore Funds family, consisting of seven equity funds, three bond funds and a non-proprietary money market fund, offers individual investors access to the full depth and breadth of this experience, normally available only to large corporations and foundations. (a) These assets include total assets of the adviser as well as mutual fund assets Fund assets The total value of a portfolio's securities, cash, and other holdings, minus any outstanding debts. . An investor should consider investment objectives, risks, charges and expenses of the Fund(s) carefully before investing. To obtain a prospectus, which contains this and other important information about the Fund(s), please call 1-800-392-CORE (2673) or visit us online at www.westcore.com. Please read the prospectus carefully before investing. Westcore Funds are distributed by ALPS Alps, great mountain system of S central Europe, c.500 mi (800 km) long and c.100 mi (160 km) wide, curving in a great arc from the Riviera coast on the Mediterranean Sea, along the borders of N Italy and adjacent regions of SE France, Switzerland, SW Germany, and Distributors, Inc. |
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