Atlanta, GA (PRWEB) March 25, 2010
RidgeWorth Investments announced today that it received two of the four “group awards” given to Small Companies at the 2010 Lipper Fund Awards ceremony held in New York on Wednesday, March 24. Lipper awarded RidgeWorth the Small Company “Overall” and “Mixed-Asset” Awards for the highest consistent return among qualifying small companies over the three-year period ending 12/31/2009(1).
“It is a great honor to be recognized for these awards by such a highly-regarded organization as Lipper,” said Ashi Parikh, President & CIO of RidgeWorth Investments. “Our sole focus at RidgeWorth is to create a culture that fosters investment excellence. Our ability to develop that culture across many asset management boutiques is a tribute to our investment talent and to all of our employees at RidgeWorth. Our winning both the “Mixed-Asset” award and the “Overall” award provides validation that we are doing what is right for our clients.”
As of 12/31/09, more than 70% of RidgeWorth’s fixed-income, equity and asset allocation funds beat their peer group medians for the 3-, 5- and 10-year periods(2). For the 3- and 5-year periods, more than 50% finished in the first quartile of their respective peer groups (http://ridgeworth.com/performance/performance-comparisons).
For more information about RidgeWorth Investments and the RidgeWorth Funds, visit http://www.ridgeworth.com.
(1) Lipper Small Company Group Awards are given in four categories – Overall, Equity, Fixed Income and Mixed Asset. To qualify, a fund family must have at least three equity, three fixed income and three mixed-asset funds. Small companies consisted of those fund families with assets under management of less than $34.5 billion. For more information on the Lipper methodology, visit http://www.lipperweb.com.
(2) For the period ending 12/31/09, 17/41, 29/37, 26/36 and 18/24 beat their peer group medians for the 1-, 3-, 5- and 10-year periods, respectively. Of those that beat their peer group medians, 7, 20, 19 and 11 finished in the first quartile.
About RidgeWorth Investments
RidgeWorth Investments serves as a holding company that owns interests in eight investment boutiques with approximately $63 billion of assets under management as of December 31, 2009. RidgeWorth’s investment boutiques manage a wide variety of investment disciplines across the fixed income, equity, and liquidity management asset classes. Our boutiques provide investment management services to a growing client base that includes endowments, foundations, corporations, healthcare organizations, municipalities, public funds, associations, insurance companies, labor unions and high net worth individuals. In addition, RidgeWorth serves as the investment adviser to the RidgeWorth Funds mutual fund family. RidgeWorth Investments is a trade name for RidgeWorth Capital Management, Inc., an investment adviser registered with the SEC headquartered in Atlanta. For more information about RidgeWorth, visit http://www.ridgeworth.com.
The Lipper ranking is as of 12/31/09, based on total return and does not reflect a sales charge. Rankings are for the I Share class only. Past performance does not guarantee future results. Or most recent month end returns, visit http://www.ridgeworth.com.
An investor should consider the fund’s investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the RidgeWorth Funds can be found in the fund’s prospectus. To obtain a prospectus, please call 888-784-3863 or visit http://www.ridgeworth.com. Please read the prospectus carefully before investing. Mutual fund investing involves risk, including possible loss of principal.
®2010 RidgeWorth Funds. RidgeWorth Funds are distributed by RidgeWorth Distributors LLC. RidgeWorth Investments is the trade name for RidgeWorth Capital Management, Inc., the adviser to the RidgeWorth Funds, and is not affiliated with the distributor.
NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE