MADISON, Wis., March 31 /PRNewswire/ — Thompson Plumb Funds, Inc. (http://www.thompsonplumb.com/) announces the launch on March 31, 2008 of its new no-load fund, to be headed by 37-year veteran portfolio manager John W. Thompson, CFA. The Thompson Plumb MidCap Fund (THPMX), focusing on domestic equity securities with market capitalizations in the $1 billion to $10 billion range, will be managed with Thompson’s philosophy of investing in companies they believe have growing earnings and solid balance sheets, trading at discounts to their historic valuations. To request a prospectus or purchase shares, please contact Thompson Plumb Funds, Inc. at 1-800-999-0887.
“The midcap sector is full of companies that have survived beyond their startup phase, yet still have the opportunity to grow earnings faster than much of the market,” Thompson said. “We will attempt to capture this growth while achieving attractive returns by paying special attention to valuation in our security selection process. We have invested in these types of stocks over the years for our clients and shareholders, and are very excited to now offer a mutual fund dedicated entirely to this category of securities.”
Thompson Plumb Funds, Inc. currently has two mutual funds in its stable, the Thompson Plumb Growth Fund (THPGX), and Thompson Plumb Bond Fund (THOPX). The company was formed in 1987, and is based in Madison, Wis.
Thompson is the CEO of Thompson Plumb Funds, Inc., and has been Manager or Co-Portfolio Manager of the Thompson Plumb Growth Fund and Thompson Plumb Bond Fund since their inception in 1992.
Thompson is the President and Founder of Thompson Investment Management. He served as Senior Trust and Investment Officer at Firstar Bank in Madison, Wisconsin, where he started his career in 1971. Prior to that John worked at General Motors and Maremont Corporation. Thompson earned a Bachelor of Science degree in Mechanical Engineering from the University of Wisconsin-Madison in 1965 and an M.B.A. from The Wharton School of the University of Pennsylvania in 1967.
For questions or to arrange an interview with John W. Thompson, please contact Alex Colbert at 608-827-5700 or 877-886-5777.
The fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 800-999-0887 or visiting http://www.thompsonplumb.com/. Read it carefully before investing.
Mutual fund investing involves risk, principal loss is possible. Investment in debt securities typically decrease in value when interest rates rise. The risk is usually greater for longer-term debt securities. Investments in Asset Backed and Mortgage Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. Results include the reinvestment of all dividends and capital gains distributions. The fund invests in mid-cap companies, which involve additional risks such as limited liquidity and greater volatility.
While the fund is no-load, management and other expenses still apply. Please refer to the prospectus for further details.
Quasar Distributors, LLC, Distributor (03.08)
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Source: Thompson Plumb Funds, Inc.
CONTACT: Alex Colbert of Thompson Plumb Funds, Inc., +1-608-827-5700,
+1-877-886-5777
Web site: http://www.thompsonplumb.com/
