HomeMy WebLinkAbout2006 07 25 Handout for Regular 301JULY 26, 2006
THIS DOCUMENT WAS GIVEN TO
THE ADVISORY BOARD MEMBERS
PRIOR TO THE MEETING
REGARDING REGULAR AGENDA
ITEM 301.
R~c~rv~o
TRU*S 0 JUL 1 0 2006
1T CITY OF V~9NTER SPRING8
j Finance Duector
MANAGEMENT Molly A. Halcom
Investment Officer
June 29, 2006
Ms. Michelle Greco
City of Winter Springs
1126 East State Road 434
Winter Springs, FL 32708
Dear Ms. Greco,
We value our relationship with City of Winter Springs and would like to inform you of the additions
we are making to our Small Cap Growth team. James P. Foster and Stuart F. Van Arsdale, CFA,
have been named as portfolio managers for Trusco's Small Cap Growth team and the STI
Classic Small Cap Growth Fund. Jim and Stu are talented and experienced investment
professionals who bring 37 and 26 years, respectively, of growth equity investment management
experience to the team. Jim has managed small cap growth separate accounts and mutual funds
during his 18 years with Trusco. Stu has 18 years of portfolio management experience with our
firm and was also the director of growth equity management at another institutional money
management firm. These changes are being made due to the departure of a portfolio manager on
the Small Cap Growth team.
Other long-term members of the team include Bob Rhodes, head of equity management, and
Steve Smith, Small Cap Growth lead trader. Bob Rhodes, who has been instrumental in the
development and management of the small cap discipline since its inception, will continue to be
available as a resource to the team. Steve Smith will continue in his role as the lead trader for
the Small Cap Growth discipline. Steve has been the lead trader during the last five years.
The Small Cap Growth team will continue to manage the portfolios and funds in the same style
using Trusco's proprietary multi-factor model, equity research, trading, quantitative resources,
and analytical tools. Our team approach, coupled with the portfolio management experience of
Jim and Stu, will be the basis for our continued success.
We have a long history of success as well as a proven team. We firmly believe that we will
continue to deliver the investment performance returns and service you have come to expect.
The relationship that has been built between Trusco and City of Winter Springs is important to us.
We can assure you that no one will work harder to help you achieve your goals than Trusco
Capital Management. If you have any questions, please do not hesitate to contact me.
Sincerely yours,
~t~ a~~,
Molly A. Halcom
Cc: Dianne Garcia, SunTrust Retirement Services
300 South Orange Avenue, Suite 1600, Orlando, FL 32801
Phone: 407-237-4372; Fax: 407-237-4726; E-mail: molly.halcom~truscocapital.com