August 29, 2011
--- Becker Capital Management is introducing an institutional share class for its Large Cap Value strategy, the
Becker Value Equity Fund. ---
T
he new share
class will serve institutional investors, including fee-based programs,
pension plans, foundations and endowments and meet the growing demands
of distribution partners and the institutional marketplace. The ticker symbol for the Institutional share class is BVEIX.
Becker Capital’s Institutional share class will carry a lower expense structure than the retail share class currently offered. A
minimum investment of $250,000 is required for the Institutional class
shares, but this requirement may be waived for certain fee-based
programs, pension plans, and financial intermediaries that submit trades
on behalf of underlying investors, according to the announcement.
Class I shares will be available directly
or through third party retirement platforms, major mutual fund
supermarkets, bank channels, and independent registered investment
advisers.
Becker Capital Management is a Portland, Oregon based, employee-owned investment management firm. Additional information is available at
http://www.beckercap.com
.
PLANADVISER staff