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AMR Armour Grp

3.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Armour Grp LSE:AMR London Ordinary Share GB0000496611 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

American AAdvantage Funds Add New Sub-Adviser

27/09/2004 2:00pm

PR Newswire (US)


Armour Group (LSE:AMR)
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American AAdvantage Funds Add New Sub-Adviser FT. WORTH, Texas, Sept. 27 /PRNewswire/ -- The American AAdvantage Funds are proud to announce the addition of The Boston Company Asset Management, LLC as a new sub-adviser to the American AAdvantage Small Cap Value Fund(SM) and the American AAdvantage International Equity Fund(SM). The Boston Company, a subsidiary of Mellon Financial Corporation, is an experienced money manager in the small cap and international markets. They have managed a portion of the assets of the American AAdvantage Emerging Markets Fund since its inception in 2000. The Boston Company becomes the fourth sub-adviser to the $1 billion American AAdvantage Small Cap Value Fund. They join a team of premier money managers that includes Barrow, Hanley, Mewhinney & Strauss, Inc., Brandywine Asset Management, LLC and Hotchkis & Wiley Capital Management, LLC. In addition, The Boston Company joins three top institutional money managers in the $1.5 billion American AAdvantage International Equity Fund - Causeway Capital Management LLC, Templeton Investment Counsel, LLC, and Lazard Asset Management LLC. "With the tremendous amount of growth we have seen, we are very excited to expand our relationship with The Boston Company, a well respected money manager. Adding a new manager allows us to increase our Funds' capacity and ensure their diversification," said Bill Quinn, president of the American AAdvantage Funds. The American AAdvantage Small Cap Value Fund began offering its shares on December 31, 1998 and seeks capital appreciation and income primarily through investments in U.S. stocks with market capitalizations of $3 billion or less at the time of investment. The Institutional Class of the Fund returned 21.84% for the one-year period, 16.89% for the five-year period, and 14.48% from inception through August 31, 2004. The American AAdvantage International Equity Fund began offering its shares on August 7, 1991 and seeks capital appreciation through investments in stocks outside the U.S. The Institutional Class of the Fund returned 24.53% for the one-year period, 2.93% for the five-year period, and 8.02% for the ten-year period ended August 31, 2004. Performance is historical and may not be indicative of future returns. Investment returns and principal value will vary, and shares may be worth more or less at redemption than at original purchase. Investing in the securities of small capitalization companies involves greater risk and the possibility of greater price volatility than investing in larger capitalization and more established companies. Investing in foreign equities entails additional risk not associated with domestic equities, such as currency fluctuations, economical and political instability and differences in accounting standards. You should consider the investment objectives, risk, fees, and expenses of any mutual fund before investing. Such information is available in the Funds' prospectus, which you may obtain at http://www.aafunds.com/ or by calling (800) 967-9009. Please read the prospectus carefully before investing. American AAdvantage Funds(R) are distributed through SWS Financial Services, Inc., member NASD/SIPC. DATASOURCE: AMR Investment Services, Inc. CONTACT: AMR Investments, +1-800-967-9009 Web site: http://www.aafunds.com/

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