On December 17, 2008, the Board of Trustees of the Turner Funds determined to close and liquidate the Turner Core Growth 130/30 Fund effective December 31, 2008. Please click here for more details.
Effective March 1, 2008, the Turner Small Cap Equity Fund is reopened to new investors and exisiting shareholders. Also effective March 1, 2008, the name of the Turner Large Cap Value Fund is changed to the Turner Quantitative Large Cap Value Fund. As of this date, all references in the Prospectus to the Turner Large Cap Value Fund are deleted and replaced with reference to the Turner Quantitative Large Cap Value Fund. Please click here for the most recent prospectus..
On February 1, 2007, the Turner Funds introduced two no-load stock mutual funds, the Turner International Core Growth Fund, which invests in large and mid-cap growth stocks from markets around the world, and the Turner Midcap Equity Fund, which invests in both growth and value stocks with market capitalizations represented in the Russell Midcap Index. Please click here the most recent prospectus.
Turner Technology Fund shareholders recently voted and approved the reorganization of the Turner Technology Fund into the Turner New Enterprise Fund. The change was completed on September 27, 2006. Existing shareholders may direct questions to the Turner Funds at 1-800-224-6312. Click here for most recent prospectus.
Effective September 30, 2006, Tara Hedlund, CFA, CPA, and Jason Schrotberger, CFA, will replace William McVail, CFA, and Robert E. Turner, CFA in the roles of co-managers for the Midcap Growth Equity Fund. Christopher McHugh will continue in his role as lead portfolio manager for the Fund. As Chief Investment Officer, Mr. Turner will continue to maintain oversight of the Midcap Growth investment strategy, and Mr. McVail will continue to serve as a consumer sector analyst. Ms. Hedlund and Mr. Schrotberger have played supporting roles as analysts for Turner's Midcap Growth Equity team for 6 and 5 years, respectively. Click here for most recent prospectus.
Effective August 1, 2006, the name of the Turner Micro Cap Growth Fund is changed to the Turner Emerging Growth Fund. Details about this and other changes to the Fund are here. Click here for most recent prospectus.
Turner Strategic Growth Fund shareholders have recently voted to approve the reorganization of the Turner Strategic Growth Fund into a newly created series in the Phoenix Funds family, and the transaction was completed on June 9, 2006. Shareholders may direct any questions to the Phoenix Funds at 800-243-1574. Click here for most recent prospectus.