PORTLAND, Ore.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
The corrected release reads:
LEADER CAPITAL DEBUTS A STAND ALONE TRUST, ADDS THREE TRUSTEES TO BOARD OF DIRECTORS
The firm continues to innovate its management strategy by adding new executive talent
Effective today, Leader Capital (“Leader”), a firm focused on providing fixed-income mutual funds (Tickers: LCCIX, LCTIX, LFIFX) made a strategic shift away from a series trust to a stand-alone trust, providing a more competitive structure to support Leader’s shareholders and products. To help facilitate this change, Leader’s Board of Directors welcomes Andrew Rogers, Martin Kehoe and Raymond Davis to serve as Trustees.
- Andrew Rogers has over 20 years of business experience in the financial services industry. For 16 years, Mr. Rogers served as CEO of Gemini Fund Services and grew AUM from less than $1 billion to approximately $50 billion in 2017 when he left. He also served as a Trustee for Orion Advisor Services, a premier portfolio management solution provider for registered investment advisors. Over the course of his tenure at Orion, the firm grew from $3 billion of AUM to over $500 billion. He is currently the CEO of Fusion IQ, an innovative fintech company that provides intelligent investment solutions. His vast knowledge of the fund management industry makes him a unique individual and key addition to the Board.
- Martin Kehoe has approximately 30 years of experience in real estate development. Mr. Kehoe is the owner of Kehoe Northwest Properties, one of the largest residential and commercial real estate development companies in the state of Oregon. After founding his company in 1989, it has developed over a half a billion dollars of real estate. His experience offers an extensive understanding of the factors driving the market and bring an entrepreneurial spirit to the Board.
- Raymond A. Davis has nearly 26 years of professional experience as a United States Army soldier, private security employee and government contractor. Mr. Davis obtained a Bachelor of Science Degree in security management with an emphasis on international security. He has an extensive military background and is a decorated Green Beret. His considerable knowledge of operational and management issues makes him an exceptional addition to the Board.
“Our new Trustees are leaders in their respective fields which provides the Board with a well-rounded outlook to all areas of our business,” explains John Lekas, president and senior portfolio manager of Leader Capital.
Leader Capital was founded in 1997 and began managing fixed-income mutual funds in 2005. The firm is based in Portland, Oregon and is 100% employee owned. Leader Capital is dedicated to its goal of optimizing returns and managing the risk versus reward relationship inherent to every investment.
The Leader Funds are distributed by Ceros Financial Services, Inc. Member FINRA/SIPC. Leader Capital Corp. and Ceros are not affiliated.
An investor should consider the Fund’s objectives, risks, charges and expenses carefully before investing or sending money. This and other important information can be found in the Fund’s prospectus. For more information please call 800-269-8810. Please read the prospectus carefully before investing.
Investing in any mutual fund involves risk, including loss of principal. For details relating to the risks associated with the Leader Funds, please see the Fund’s prospectus.
