Stephens Offers Institutional Share Class

September 25, 2006 ( - Stephens Investment Management Group (SIMG) has announced the launch of institutional class shares for its small cap growth and mid cap growth funds.

According to the announcement, as of August 31, the I-shares are available to clients of financial intermediaries who charge an ongoing fee for advisory, investment, consulting or similar services. The account minimum for each fund is $1 million.

The Stephens Small Cap Growth Fund invests at least 80% of its total assets in a diversified portfolio of common stocks of US small-cap companies – typically companies with market cap of $2.5 billion or less. The Stephens Mid Cap Growth Fund seeks long-term growth of capital through investment in a diversified portfolio of stocks from US companies with market cap between $1.5 billion and $12.5 billion.

I-shares are expected to have a reduced expense ratio of approximately 1.25% for both the small and mid cap funds, the announcement said.

Additional information on the funds can be viewed at .