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Burnham Fund
The Burnham Fund was noted in Barron’s (January 7, 2008) as the category "Leader" for Large-Cap Core funds for the fourth quarter of 2007 as measured by Lipper. (The group consists of 817 funds.)
The Burnham Fund was up 3.32% for the period, versus the index return of -3.06%. For the year ended December 31, 2007, the fund was up 15.3%.
Burnham Fund is a growth and income fund. Its goal is capital appreciation, mainly long term. It contains a diversified portfolio of large-cap growth equities, tempered with special situations and income producing securities.
Burnham Financial Industries Fund
The Burnham Financial Industries Fund shares received ratings upgrades from Morningstar. The Class A shares with load (BURFX) carry a five-star rating, and the load waived shares (BURFX.LW) now have a five-star rating. This fund placed fourth of 136 funds in the Morningstar Financial Services category.
The Burnham Financial Industries Fund was -1.04 % for the year ended December 31, 2007, versus the Morningstar Financial Services category average return of -11.70%.
This fund seeks capital appreciation by investing at least 80% of its assets in the stocks of U.S. companies in the financial services sector. The sectors include banks and thrifts, securities brokers & dealers, specialty finance, and insurance companies, and it may invest in stocks of any market capitalization.
For more information, please contact Burnham Investors Trust, Marketing Department at 800-874-FUND, or contact@burnhamfunds.com.
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Burnham Fund Class A average annualized total return for one, three, five years and since inception (6-16-75) period ended December 31, 2007 are 15.31%, 9.58%, 11.35% and 11.40%, respectively. This data does not reflect the deduction of the maximum 5% sales load, which if included, would reduce the performance quoted. Including the maximum sales charge (5%) and all fees, performance was 9.55%, 7.72%, 10.21% and 11.22%. For the Burnham Financial Industries Fund, average annualized return for one-year, three years and since inception (4-30-04) for the period ended December 31, 2007 are (1.04%), 7.78% and 10.14% respectively. Including the maximum sales charge (5%), and all fees, performance was (5.98%), 5.95% and 8.62% respectively. Five year figures are not available at this time.
Total return represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For more complete information about either fund, including a free prospectus and performance current to the most recent month-end, please contact Burnham Securities Inc. at 800-874-FUND, your investment advisor, 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 each fund's value may fluctuate more than a fund that invests in a wider range of industries. Because each 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.
Morningstar Inc. is an independent monitor of fund performance and has no relationship with Burnham Securities Inc. Morningstar rates mutual funds from one to five stars based on how well they've performed (after adjusting for risk and accounting for all sales charges) in comparison to similar funds. Within each Morningstar Category, the top 10% of funds receive five stars, the next 22.5% four stars, the middle 35% three stars, the next 22.5% two stars, and the bottom 10% receive one star. Funds are rated for up to three time periods -- three-, five-, and 10 years -- and these ratings are combined to produce an overall rating. Funds with less than three years of history are not rated. Ratings are objective, based entirely on a mathematical evaluation of past performance. They're a useful tool for identifying funds worthy of further research, but shouldn't be considered buy or sell recommendations.
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.
Neither Morningstar nor Lipper have any relationship with Burnham Securities Inc. or its affiliates.
Shares of the fund(s) are offered by Burnham Securities Inc., Principal Distributor, 1325 Avenue of the Americas, NY, NY 10019. 800.874.FUND
BIT 020408
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