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Friday, February 21, 2003

Safeco Growth Manager Departs

by: Sean Hanna, Editor in Chief

Tom Maguire, portfolio manager of the $419 million Safeco Growth Opportunities Fund, has stepped down to "pursue other interests," according to the firm. Maquire was portfolio manager of the fund from 1989. The news was first revealed in an SEC filing by the fund yesterday.

The filing states that the portfolio management duties for the small-cap fund will was taken over by an investment team on February 14.  

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