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Akre Focus Fund joins four brokerage platforms

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Akre Focus Fund has become available on four major brokerage platforms.

Akre Focus Fund has become available on four major brokerage platforms.

The fund was launched on 31 August 2009. It is managed by Charles T. (Chuck) Akre, Jr., who resigned as sub-advisor of FBR Focus Fund on 22 August 2009.  

"We are seeing real momentum thus far," says Akre (pictured), who serves as the Akre Focus Fund’s portfolio manager. "I am very pleased with the enthusiastic response from mutual fund research departments, financial advisors and individual investors.’

Charles Schwab, TDAmeritrade, Fidelity and Pershing have all announced the addition of the Akre Focus Fund to their available NTF mutual funds.

"We are grateful to the industry, and these four platforms in particular, for supporting the Akre Focus Fund and making both the retail and institutional share classes available to their investors so quickly," says Andrew Schaefer, president and chief operating officer at Akre Capital.   

Akre, who has more than 40 years of experience in the securities business, intends to follow the same stock picking system that he employed for the last 13 years.

The fund will invest in companies believed to offer the best opportunities for growth, regardless of size or sector.

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