Managers Investment Group

Systematic Mid Cap Value Fund

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SYIMX Morningstar Risk-Adjusted Ratings as of April 30, 2012
Overall Rating 3 Years 5 Years 10 Years Category

(of 351 Funds)

(of 351 Funds)

(of 306 Funds)
N/A
Mid-Cap Value


Fund Facts (as of 3/31/2012)

Investment Style: Mid-Cap Value
Benchmark(s): Russell Midcap® Value
Subadvisor(s): Systematic Financial Management, L.P.
Fund Net Assets: $306,915,795

Share Class Facts

Share Class: Institutional
Ticker: SYIMX
Cusip: 561709742
Inception Date: 12/21/2006
Expense Ratio:
(Gross / Net)
0.89% / 0.88%
Minimum Investment:
Initial / Subsequent
$2,500,000 / $1,000
Minimum IRA Investment:
Initial / Subsequent
$50,000 / $1,000
Maximum Sales Charges: N/A
12b-1 Fees: N/A

Learn more about share classes offered by Managers Investment Group.

Fund Focus

The Managers AMG Systematic Mid Cap Value Fund invests in a diversified portfolio of approximately 60 to 80 common and preferred stocks of medium-sized companies, which will generally be listed on the New York Stock Exchange, the American Stock Exchange or NASDAQ.

Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of borrowings for investment purposes, in mid-capitalization companies that, at the time of purchase, have market capitalizations within the range of the Russell Midcap® Value Index. The Fund may retain a security that exceeds the upper limit of the Russell Midcap Value Index after the Fund has purchased the issuer's security.

Systematic seeks to identify attractively valued companies already exhibiting evidence of a sustainable and fundamental turnaround before other investors recognize this shift and adjust their earnings expectations.

Where This Fund May Fit As Part Of Your Asset Allocation

The Managers AMG Systematic Mid Cap Value Fund may be appropriate for your overall investment allocation if you are:

  • Looking to gain exposure to mid-cap companies
  • Diversifying investments in small-cap or large-cap companies
  • Willing to accept short-term volatility of returns
  • Seeking capital appreciation

Disclosure

Investors should carefully consider the Fund's investment objectives, risks, charges and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.

The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses. Unlike the Fund, the index listed is unmanaged, is not available for investment and does not incur expenses.

Class C shares convert to an equal dollar value of Class A shares at the end of the tenth year after purchase.

The Fund's investment manager has contractually agreed, through at least July 1, 2013, to limit Fund operating expenses. The net expense ratio reflects this limitation, while the gross expense ratio does not. Please refer to the Fund's prospectus for additional information on the Fund's expenses.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metric.

Morningstar Rating is for the share class indicated only (see ticker), other share classes may have different performance characteristics. The Ranking may reflect the waiver of all or a portion of the fund's fees. Without such waiver, the Rankings may have been lower.

© 2012 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Daily Pricing 05/17/2012 Open/Close Daily Pricing
Institutional
NAV: $10.44
NAV $ Change: $-0.31
NAV % Change: -2.88%
YTD Return (as of 04/30/2012)
- at NAV 13.33%
- with Load
 

 

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