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FOR IMMEDIATE RELEASE 8/8/07
CONTACT: Kristine Cook
(303) 312-5003
kcook@westcore.com
WESTCORE PLUS BOND FUND SURPASSES $1B IN
ASSETS UNDER MANAGEMENT
DENVER-(BUSINESS WIRE)-[08/08/07], 2007-The
Westcore Plus Bond Fund (WTIBX) recently achieved an important
milestone by accumulating more than $1 billion in assets under
management. Under the direction of co-managers Mark R. McKissick
and William E. Stafford, Jr., the Fund has earned top industry
ratings and strong, long-term performance by employing a bottom-up,
fundamental research methodology that focuses on credit quality,
underlying asset value and income stream.
The Westcore Plus Bond Fund seeks long-term
total rate of return, consistent with preservation of capital,
by investing primarily in investment-grade bonds of varying
maturities. According to Mark McKissick, this disciplined
and consistent investment process is the primary driver behind
the Fund's solid performance and strong asset growth.
"By making long-term investments in bonds
that we believe can withstand diverse economic environments
and market cycles, the Westcore Plus Bond Fund has provided
consistent results for our shareholders," said McKissick.
Low turnover and low expenses also benefit the
Fund's shareholders. "Our philosophy is that yield drives
long-term total return versus market timing," said William
Stafford. "We're long-term investors seeking to generate
consistently positive incremental returns, making the Fund
an attractive option for long-term investors who are seeking
current income or portfolio diversification."
Stafford and McKissick work with the entire
fixed-income investment team to identify individual bonds
that meet the Fund's strict criteria. To narrow the pool of
investible securities, they employ independent investment
research that involves examining companies one-by-one along
with detailed analytical expertise.
Mark R. McKissick, CFA, a Vice President of Denver Investment
Advisors, has 15 years of professional investment experience.
He's been a fixed-income research analyst with Denver Investment
Advisors since 1999. His previous experience includes work
with Hotchkis & Wiley, Payden & Rygel Investment Council,
and Salomon Brothers. He also worked as a Senior Accountant
with Ernst & Young with his CPA (although he is non-practicing
now). Mark earned a B.S. from Oklahoma State University and
an M.B.A. from the University of Chicago.
William E. Stafford, Jr., CFA, a Vice President
of Denver Investment Advisors, has 13 years of professional
investment experience. He's been a fixed-income research analyst
with Denver Investment Advisors since 1998. His previous experience
includes two years with GE Financial Assurance, working with
investment systems. Prior to that, he was a project manager
at Securities Software and Consulting. Bill received his B.S.
from the University of Illinois.
About Westcore Funds
The Westcore Funds are managed by Denver Investment Advisors
LLC, a nationally recognized investment advisory firm with
over $9.4 billion in combined assets under management* and
a four-decade history of serving some of America's largest
institutions. The 100% no-load Westcore Funds family, consisting
of eight equity funds, three bond funds and a non-proprietary
money market fund, offers individual investors access to the
full breadth of this experience.
* These assets include total assets of the
adviser as well as mutual fund assets.
Westcore Plus Bond Fund is subject to additional
risk in that it may invest in high-yield/high-risk bonds and
is subject to greater levels of liquidity risk. In addition,
this Fund's exposure to foreign markets can regularly affect
the net asset value (NAV) and total return of this Fund due
to foreign risk.
An investor should consider investment objectives,
risks, charges, and expenses of the Fund(s) carefully before
investing. To obtain a prospectus,
which contains this and other important information about
the Fund(s), please call 1-800-392-CORE (2673) or visit us
online at www.westcore.com. Please read the prospectus carefully
before investing.
Past performance is no guarantee of future
results.
Westcore Funds are distributed by ALPS Distributors,
Inc.
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