Huntington Asset Services, Inc. to Provide Mutual Fund Support for BRC
Investment Management, LLC and Mitchell Capital Management Co.
COLUMBUS, Ohio -- May 1, 2013
Huntington Asset Services, a wholly owned subsidiary of Huntington Bancshares
Incorporated (NASDAQ: HBAN; www.huntington.com), announced it will assist two
investment firms with the launches of their mutual fund offerings. Huntington
Asset Services is a provider of fund administration and accounting, as well as
distribution and transfer agency services.
“We are pleased to have been selected to be the service provider for such
respected investment firms like BRC Investment Management and Mitchell Capital
Management,” said Joseph Rezabek, president of Huntington Asset Services, Inc.
“With the launch of a new mutual fund, it is critical that the adviser be able
to rely on experts who can navigate the fund through the many operational and
regulatory issues that arise. Huntington Asset Services brings years of such
expertise to its clients, so that firms such as BRC and Mitchell can focus on
servicing their customers.”
BRC Investment Management, LLC launched the BRC Large Cap Focus Equity Fund,
an open-ended fund which seeks to achieve long-term capital appreciation that
will exceed the S&P 500® Index by investing in 30-35 sector diversified equity
securities within the range of the market capitalizations of the companies in
the Index. The new mutual fund provides investors with access to the adviser’s
16+ year old flagship BRC Large Cap Concentrated Equity strategy, previously
available to only select institutions and wealthy individuals. The fund
launched in December 2012 in the Valued Advisers Trust. As of September 30,
2012, BRC Investment Management LLC had assets under management of $514.4
“BRC Investment Management cares deeply about helping our clients achieve
their long-term financial goals,” said John R. Riddle, CFA, managing principal
and chief investment officer for BRC Investment Management. “Huntington Asset
Services has helped guide us through the numerous operational requirements
that launching a mutual fund entails, so we can focus on giving our customers
the very best solutions to their financial situations.”
Mitchell Capital Management Co. launched the Mitchell Capital All-Cap Growth
Fund, a fund that seeks capital appreciation and invests primarily in a
portfolio of diversified common stocks, generally consisting of 25-50 security
positions, that Mitchell Capital Management Co. believes have high above
average future growth potential relative to their peers. The fund will focus
primarily on U.S. companies without regard to market capitalization or
industry segmentation. The fund launched in March 2013 in the Valued Advisor
Trust. As of September 30, 2012, Mitchell Capital Management Co. had assets
under management of $636 million.
“The decision to select Huntington Asset Services for the launch of our mutual
fund was based on their long history of mutual fund management, their
experienced team of professionals, and their attention to every aspect of
mutual fund support,” said Jonn Wullschleger, vice president and portfolio
manager for Mitchell Capital Management. “The Valued Advisers Trust gave us a
streamlined approach to successfully launch our fund and deliver the
customer-centric performance our clients have come to expect from us.”
About Huntington Asset Services, Inc.
Huntington Asset Services, Inc. has been providing mutual fund service
solutions for more than 40 years. Huntington's fully integrated services
include fund administration, accounting, transfer agency, compliance,
distribution and custody for clients with combined assets of more than $45
billion. Huntington's comprehensive solutions support both standalone and
series trust structures. Based in Indianapolis, Huntington Asset Services,
Inc. and Unified Financial Securities, Inc. are wholly owned subsidiaries of
Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com), a $56
billion regional bank holding company headquartered in Columbus, Ohio. More
information is available at www.HuntingtonAssetServices.com.
Not FDIC Insured No Bank Guarantee May Lose Value
Not a Deposit Not Insured By Any Federal Government Agency
The logo mark and Huntington^® are federally registered service marks of
Huntington Bancshares Incorporated.
Cynthia Kincaid, 614-480-5415
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