Toronto
Liberty Fund Management will be launching the following micro-cap indexes on September 30, 2005:
- Liberty Micro-Cap Gold Index
- Liberty Micro-Cap Resource Index
- Liberty Micro-Cap Oil & Gas Index
The Liberty indexes will include all publicly traded, North American listed companies with market caps between CDN$2,000,000 - $100,000,000. In early October 2005, three Liberty investment funds will be launched to mirror the performance of these indexes. The portfolio manager of the Liberty Micro-Cap Index Funds will be Richard Johnston, MBA, CFA whom previously was the Chief Investment Officer for a CDN$6.5 billion pension fund. There will be approximately two hundred companies in each index. The collective market cap of all of the companies in each index is approximately CDN$4 billion. The objective of these funds in to provide large cap investors with a way to get exposure to the higher rates of return that micro-cap equities offer while minimizing some of the volatility and liquidity problems the accompany micro-cap companies.
For more information, please contact Greg Beckett, Chairman & CEO, Liberty Fund Management Inc. gbeckett@libertyfundmanagement.com , 416-640-1002 x 105, 300A-219 Dufferin & Liberty Street, Toronto, Ontario, M6K 1Y9.
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