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Burnham Financial Industries Fund Class A Receives 2008 Lipper Performance Achievement Certificate

Posted on: Friday, 3 April 2009, 08:00 CDT

NEW YORK, April 3 /PRNewswire/ -- Burnham Financial Industries Fund Class A has received the 2008 Lipper Performance Achievement Certificate* for its #1 ranking in the Lipper Equity Fund Performance Analysis Series for the one-year period ended December 31, 2008 for the investment category and objective "Financial Services Funds."

The Burnham Financial Services posted the best performance results out of 91 funds in the category.

The Performance Achievement Certificate was issued in conjunction with Lipper Fund Awards 2008 USA, part of a global program of events held in 18 countries, to reward funds that have delivered consistently strong risk-adjusted performance relative to their peers.

Congratulations to Portfolio Manager Anton Schutz.

Burnham Financial Industries Fund Class A shares average annualized returns for one-year, three-years and since inception for the period ended March 31, 2009 are -5.22%, -9.39% and -1.40%, respectively. Including the maximum 5% sales charge, and all fees, performance was -9.96%, -13.92% and -3.07%, respectively. The fund's inception date is April 30, 2004, thus five year figures are not available at this time. The Fund's operating expense ratio gross of fee waivers or expense reimbursements is 2.26% for Class A shares and 2.96% for Class C shares for 2008.

The performance data quoted represents past performance and is not a guarantee of future results. The investment return and principal value of an investment will fluctuate, so that those shares, when redeemed, may be worth more or less than their original cost. All returns reflect reinvested dividends, but do not reflect the deduction of taxes that an investor would pay on distributions or redemptions. Current performance may be lower or higher than the data quoted due to market volatility.

For more complete information about this fund, including a free prospectus and performance current to the most recent month-end, please contact Burnham Securities Inc. at 800-874-FUND, or visit the website at www.burnhamfunds.com. The prospectus contains important information about the funds, including investment objectives, risks, management fees, sales charges, and other expenses which you should consider carefully. Please read the prospectus carefully before you invest or send money.

Owning mutual fund shares involves investment risk, including possible loss of principal. There are special risks associated with sector funds, which primarily limit their investments to companies in specific industries. This type of fund may be susceptible to factors affecting these industries, and the fund's value may fluctuate more than a fund that invests in a wider range of industries. Because the fund concentrates its investments in one sector of the economy (financial services), and it invests in derivative securities, investors should consider these risks because they may experience greater volatility than in a fund that invests across several sectors. In particular, companies within the financial services sector have recently been subject to unprecedented stock price volatility and depreciation, and there is significant uncertainty regarding the viability and prospects of many financial services companies.

Data gathered or prepared by Lipper Inc. is based on prospectuses filed with the Securities and Exchange Commission, fund reports, financial reporting services, and other sources believed to be authoritative, accurate and timely. Though verified, the data cannot be guaranteed by Lipper or its data sources, and investors should remember that past performance is no guarantee of future results. Under no circumstances does it constitute a recommendation.

Burnham Securities Inc. (Principal Distributor) has no relationship with Lipper - a Thomson Reuters company.

Shares of the fund are offered by Burnham Securities Inc., Principal Distributor, 1325 Avenue of the Americas, New York, NY 10019; 800-874-FUND; www.burnhamfunds.com.

* (C) 2009 THOMSON REUTERS. All rights reserved. Any copying, republication, or redistribution of Lipper Content is expressly prohibited without the prior written consent of Lipper.

SOURCE Burnham Securities Incorporated


Source: PR Newswire

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