Jensen Unveils Institutional Shares

August 4, 2003 ( - Jensen Investment Management has announced the introduction of two new institutional share classes on behalf of its Jensen Portfolio.

The new classes consist of I-Shares (JENIX) for institutional investors with $1 million or more to invest, and R-Shares (JENRX) tailored to the revenue sharing needs of 401(k) and other retirement plan sponsors, according to a news release. The original share class of The Jensen Portfolio will be renamed J-Shares, retaining the symbol JENSX.

Founded in 1988, Jensen Investment Management is an independent registered investment advisor located in Portland, Oregon.   As of June 30, 2003, the firm had more than $1.7 billion in assets under management. For more information, go to visit .