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Products August 31, 2009
Va. Firm Unveils Equity Fund
August 31, 2009 (PLANSPONSOR.com) - Akre Capital
Management, LLC has launched the Akre Focus Fund.
Reported by Fred Schneyer
The Middleburg, Virginia, firm said in a news
release that the fund will be managed by Charles T. Akre,
Jr., who resigned as sub-adviser of FBR Focus Fund on
August 22, 2009.
According to the announcement, the fund will invest in
companies believed to offer the best opportunities for
growth, regardless of size or sector. The news release
said managers would “look for businesses with high
returns and low risk that are reasonably
priced.”
The company said the new offering would be available from major brokerage platforms in the near future. The fund offers retail (Ticker: AKREX) and institutional (Ticker: AKRIX) share classes.
More information is available at www.akrefund.com .
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