Morgan Keegan Selects a Small Cap Fund to Distribute
Reported by Neil Anderson, Managing Editor
Morgan Keegan just added a second HighMark [see profile] mutual fund to its Select list. Today the San Francisco-based Union Bank subsidiary confirmed the addition of its Geneva Small Cap Growth Fund to the special distribution list from the brokerage. (Geneva Mid Cap Growth is already on the list.)
Memphis-based Morgan boasts more than 1,200 advisors. HighMark Capital Management works with more than $17 billion in total.
Company Press Release
SAN FRANCISCO, May 26, 2011 – HighMark Capital Management, Inc., the investment adviser of HighMark Funds, today announced the addition of HighMark Geneva Small Cap Growth Fund to Morgan Keegan’s Select List.
“We are very pleased to have two of our Funds now available on Morgan Keegan’s Select List. Early this year our HighMark Geneva Mid Cap Growth Fund was added to Morgan Keegan’s recommended list. Both Funds are managed by the same highly-skilled portfolio managers and have generated an impressive track record,” said HighMark Funds Managing Director Kevin Rowell. “We are proud that HighMark Funds are now available to Morgan Keegan’s high-caliber group of investment professionals.”
HighMark is committed to helping clients achieve their long-term financial goals by providing high-quality, competitive products and services, utilizing both seasoned in-house managers and select institutional sub-advisers who are leaders in their field. Their funds utilize disciplined investment processes with the goal of delivering consistent long-term investment performance.
Mutual fund investing involves risk, including possible loss of principal. The Mid Cap Growth Fund invests in securities of mid-capitalization companies that may be more volatile and less liquid than investments made in larger more established companies. In addition to the normal risks associated with equity investing, funds that invest in small cap companies may be subject to greater risks than large company stocks due to greater volatility and less liquidity. The Funds may also invest in exchange traded funds in which investors bear the extra costs of the underlying ETF funds.
About HighMark Capital Management, Inc.
San Francisco-based HighMark Capital Management, Inc. (HCM), is a registered investment adviser, with over $17 billion in assets for individual and institutional investors worldwide.
HCM is a wholly-owned subsidiary of Union Bank, N.A. Union Bank, N.A. is wholly owned by UnionBanCal Corporation. UnionBanCal Corporation is wholly-owned by The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG, NYSE:MTU), one of the world’s largest financial organizations in market capitalization and deposit taking.
HCM is also the adviser to the HighMark Funds, a nationally recognized fund company offering a wide range of mutual funds including fixed income funds, domestic and international equity funds, conservatively managed money market funds and asset allocation portfolios. For more information on HighMark Fund’s family of mutual funds and services, please visit highmarkfunds.com. HighMark Capital Management can be found on the Web at highmarkcapital.com.
HighMark Funds Distributors, Inc., an affiliate of BNY Mellon Distributors Inc., is the principal underwriter of the HighMark Funds. HighMark Capital Management, Inc., a registered investment adviser, is a wholly owned subsidiary of Union Bank, N.A., and serves as an investment adviser for HighMark Funds. Union Bank, N.A., a subsidiary of UnionBanCal Corporation, provides certain services to the Funds and is compensated for these services. NO BANK GUARANTEE, NOT FDIC INSURED, MAY LOSE VALUE. There is no guarantee that the Funds will meet their stated objectives.
Carefully consider the Funds' investment objectives, risks, charges and expenses.This and other information can be found in the Funds' prospectus, which may be obtained by calling 1.800.433.6884 or by visiting highmarkfunds.com. Read the prospectus carefully before investing.
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