RS Investments Launches New All-Cap, Concentrated Fund
San Francisco, November 15, 2005 - RS Investments, the San Francisco-based investment management firm, today announces the launch of the RS INVESTORS FUND, a concentrated, all-cap, value fund and the newest addition to its' family of 10 no-load funds. The RS Investors Fund intends to hold 20-40 securities, invest in value-oriented equities across small-, mid-, and large-market capitalizations, and also have the ability to invest in debt securities. The Fund's objective is to increase shareholder capital over the long term.
"We are offering this Fund because our investment management team believes there is an excellent investment opportunity for a fund that is not constrained by style-box requirements or index-driven weightings," said Terry Otton, Chief Executive Officer of RS Investments. "The depth of research conducted by our managers and analysts serves as the foundation of our firm. It is a natural evolution to offer a more concentrated-type of product. This is truly a stock picker's fund that allows our Value Group to apply their investment process to the complete spectrum of companies in their value universe."
The Fund will be managed by senior portfolio manager, Andy Pilara, and co-portfolio managers, Joe Wolf and David Kelley. The team also manages the RS Partners Fund and RS Value Fund.
"The new Fund relies on the fundamental research that the Value team already conducts, as they search for good businesses to invest in," Otton said.