Eight funds with about $1.1 billion in assets just turned to Beacon Hill Fund Services
for distribution. On Thursday the Columbus, Ohio-based back office firm revealed that the Performance Funds
have tapped Beacon Hill's B-D, BHIL Distributors, as principal underwriter and distributors.
Company Press Release
OLUMBUS, OH--(October 01, 2009) - Beacon Hill Fund Services, Inc. is pleased to announce that Performance Funds Trust has selected BHIL Distributors, Inc., the affiliated broker-dealer of Beacon Hill, to provide Principal Underwriter and Distribution services to the Funds. Performance Funds Trust is an open-end mutual fund complex consisting of eight investment portfolios with approximately $1.1 billion in assets under management.
"We are very pleased that we have the opportunity to expand our relationship with Beacon Hill with the addition of their services as Principal Underwriter and Distributor," said Teresa F. Thornhill, President of Performance Funds Trust. "We view this as an advantage to our shareholders in that it represents an expansion of the professional expertise, objectivity and independence provided by Beacon Hill and their experienced associates."
Beacon Hill is a provider of management and support services to the investment management industry and its regulated investment company products. Beacon Hill specializes in providing experienced industry personnel to serve as Fund Chief Compliance Officer and Chief Financial Officer (CFO/Treasurer); business management, compliance, and regulatory oversight for regulated investment company products (mutual funds, registered alternative funds and exchange traded funds); and serving as the Principal Underwriter and Distributor through BHIL Distributors, Inc.
For more information on Beacon Hill Fund Services, Inc., visit www.b-hill.com
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