Press Release - Silvant Capital Management LLC manages three strategies to 4-star ratings
4/21/09
ATLANTA -- Silvant Capital Management LLC, an institutional investment management firm which manages $3.8 billion in equity growth portfolios1, has managed the RidgeWorth Select Large Cap Growth Stock, Large Cap Growth Stock and Small Cap Growth Stock Funds it sub-advises to 4-star overall Morningstar ratings for the period ending 3/31/092. The Silvant Select Large Cap Growth Stock Strategy, which Silvant senior portfolio manager Joe Ransom has managed since its inception in 1999, has continued its strong short- and long-term performance relative to peers3.
“The investment environment for growth stocks over the past two years has been the most challenging that I’ve seen,” said Chris Guinther, President and CIO of Silvant. “I believe that it’s our team approach, which seeks to identify stocks with strong relative fundamental trends and have consistent risk management, that has allowed us to manage through this difficult environment better than many of our peers.”
Silvant manages three primary investment strategies, all of which are available as institutional separate accounts or through Silvant serving in various sub-advisory capacities. The Large Cap Growth portfolio generally includes 60-80 holdings and has a target tracking error between 2% and 5% annually. The Select Large Cap Growth portfolio is more concentrated and generally holds 30-40 stocks with a 4-8% tracking error per year. The Small Cap Growth portfolio invests in 125-175 companies and has a 4-7% target tracking error. Silvant also manages core growth portfolios for several current clients.
For more information about Silvant, please visit www.silvantcapital.com. Institutional investors can contact Marc Schneidau at 404-724-3172 or marc.schneidau@silvantcapital.com.
For more information about the RidgeWorth Funds, visit www.ridgeworthfunds.com.
Past performance is no guarantee of future results.
1 As of 12/31/08.
2 For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and is rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating metrics. Morningstar Rating is for the I share class only; other classes may have different performance characteristics.
RidgeWorth Large Cap Growth Stock Fund I Shares received a 4-star rating for overall performance, 4 stars for 3-year performance among 1491 Large Growth funds, 3 stars for 5-year performance among 1229 funds, and 4 stars for 10-year performance among 615 funds.
RidgeWorth Select Large Cap Growth Stock Fund I Shares received a 4-star rating for overall performance and 5 stars for 3-year performance among 1491 Large Growth funds, 4 stars for 5-year performance among 1229 funds, and 3 stars for 10-year performance among 615 funds.
RidgeWorth Small Cap Growth Stock Fund I Shares received a 4-star rating for overall performance, 3 stars for 3-year performance among 678 Small Growth funds, 3 stars for 5-year performance among 566 funds, and 4 stars for 10-year performance among 293 funds.
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 1-888-784-3863 or visit www.ridgeworthfunds.com. Please read the prospectus carefully before investing.
3 Entire GIPS-compliant performance of the Strategy, including peer group comparison, is available at www.silvantcapital.com/strategies.
