Northeast Investors - Growth Fund

Trust $4.29

/

Growth $12.23

(As of 01/06/2009)

Growth Fund

INVESTMENT MANAGEMENT

Composition Prices History

Northeast Investors Growth Fund

Management
Northeast Investors Growth Fund (the "Fund") is managed by Northeast Management & Research Company, Inc. ("NMR"). As the investment manager, NMR is responsible for choosing the Fund’s investments and handling the general affairs of the Fund. NMR is subject to the general supervision of the Fund’s Trustees. NMR is a corporation organized in July, 1980 to manage the Fund. William A. Oates, Jr., is the President and has been principally responsible for its day to day management. Mr. Oates has been the portfolio manager since the Fund’s inception in 1980. He is assisted in his portfolio manager’s responsibilities by Gordon C. Barrett, the Chief Financial Officer.
Objective
The Fund’s objective is to produce long term growth for its shareholders.
Strategy
The Fund maintains a flexible investment policy which primarily targets common stocks of large companies who are established leaders in their industries with histories of consistent earnings growth. The Fund emphasizes well-known companies which it believes to have strong management and solid financial fundamentals. These companies offer the potential for accelerated earnings and revenue growth. For this reason, stocks of these companies are often called 'growth' stocks. These may include common stocks not currently paying a dividend. The investment policy allows the Fund to achieve its objective through the purchase of common stocks of both domestic and foreign issuers (ADRs). The Fund may also invest in securities convertible into common stocks, preferred stocks, corporate bonds, warrants or money market instruments.

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