Merger
100 Summit Lake DriveValhalla, NY 10595
Map
Phone: 800-343-8959
| Category: | Long-Short | | Fund Family: | Merger | | Net Assets: | 2.66B | | Year-to-Date Return: | 1.22% | | Yield: | 0.00% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Jan-1989 |
|
Roy D. Behren
Lead Manager since
24-Jan-2007 | | | Behren worked with SEC's New York Regional Office as an enforcement attorney for seven years prior to starting his investment career at Westchester. From 2004 through 2006, He served as a member of Redback Networksâ Board of Directors and its Audit Committee. He is a portfolio manager and is currently the Chief Compliance Officer for Westchester, The Merger Fund and The Merger Fund VL. |
| Min Initial Investment: | $2,000 | | Min Initial Investment, IRA: | $2,000 | | Min Initial Investment, AIP: | $2,000 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $100 |
|
| |
| The investment seeks capital growth.
The fund normally invests at least 80% of assets in the equity securities of companies which are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Merger arbitrage is a highly specialized investment approach generally designed to profit from the successful completion of such transactions. It is nondiversified. |
| Last Dividend
(29-Dec-09):
| 0.00 | | Last Cap Gain
(30-Dec-08):
| 0.06 | | Annual Holdings Turnover
(18-Mar-10):
| 318.45% | | Average for Category:
| 346.67% |
|
| Expense | MERFX | Category
Avg | | Total Expense Ratio: | 1.54%
| 2.08% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | %
| 5.37% | | Max Deferred Sales Load: | %
| 1.83% | | 3 Yr Expense Projection*: |
$ 727 | $107 | | 5 Yr Expense Projection*: |
$ 1,245 | $178 | | 10 Yr Expense Projection*: |
$ 2,666 | $352 |
|
|
0.35% Nasdaq 
Profile
