Thompson Investment Management
] is gearing up to re-brand its fund family. On September 6, the Thompson Plumb Funds will be rechristened the Thompson IM Funds
The news was announced via press release
, but readers of the MFWire Stork and Reaper
, a daily rundown of important fund filings, got the scoop first
Thompson spokeswoman Nedra Pierce explained to MFWire
that the re-brand is meant to align the funds with the asset management firm's brand. In 2004, Thompson Plumb reorganized as Thompson Investment Management, but the mutual fund family has retained the Thompson Plumb name for the past eight years. After a long process involving trademark and marketing considerations, the firm decided on Thompson IM for its funds family's name.
As noted in the Stork and Reaper
, Thompson will change the names of three funds as part of this re-brand. The $943 million Thompson Plumb Bond Fund
will be re-named the Thompson Bond Fund
, the $108 million Thompson Plumb Growth Fund
will be re-named the Thompson LargeCap Fund
, and the $22 million Thompson Plumb MidCap Fund
will become the Thompson MidCap Fund
The press release follows.
Thompson Plumb Funds, Inc. Re-Branding Fund Family Name
MADISON, Wis., July 25, 2012 (GLOBE NEWSWIRE) -- Thompson Plumb Funds,
Inc. is re-branding its name to Thompson IM Funds, Inc. effective
September 6, 2012. In conjunction with this re-branding, the name of
each of the Thompson Plumb Funds will be changing on that same date as
follows: Thompson LargeCap Fund (THPGX), Thompson MidCap Fund (THPMX)
and Thompson Bond Fund (THOPX).
"We are re-branding the names of the Fund Company and of each series of
Funds to more closely align them with that of Thompson Investment
Management, Inc., the Funds' investment advisor," stated Jason
Stephens, Portfolio Manager and Vice President of the Funds. "This
slight adjustment more accurately reflects the close relationship
between these entities, and is intended to dispel any minor confusion
that may exist among our constituents."
The change to the Thompson LargeCap Fund name is intended to more
accurately reflect that Fund's investment objective. Although each Fund
will be known by a new name, these name changes will not affect any
Fund's investment objective or process, nor will they affect any Fund's
ticker symbol or CUSIP number.
There has been no change to the management team or operational
structure of the Fund Company or the Investment Advisor. John W.
Thompson, Jason L. Stephens and James T. Evans will continue to be the
Portfolio Managers for all three Funds.
"We have explored making a change for several years, but had difficulty
identifying something that accomplished what we wanted and at the same
time was likely to survive the trademark process," said John W.
Thompson, President and Chief Executive Officer of the Funds. "We are
pleased with the final solution, and hope that our shareholders will be
About Thompson Investment Management, Inc.: Thompson Investment
Management, Inc. is an investment advisory firm based in Madison,
Wisconsin which specializes in investment portfolio management for
institutions and high net worth individuals. Thompson Investment
Management, Inc. also serves as investment advisor to three no-load
funds -- the Thompson LargeCap Fund, Thompson MidCap Fund and Thompson
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 may be
obtained by calling 1-800-999-0887 or by visiting www.thompsonim.com.
Read carefully before investing.
Mutual fund investing involves risk. Principal loss is possible.
While the fund is no-load, management and other expenses still apply.
The Funds are distributed by Quasar Distributors, LLC.
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