DAL Investment Company, the 40-year old San Francisco-based money management firm, announced it will now do business as FundX Investment Group. The new name better connects the firm with its acclaimed NoLoad FundX investment newsletter and its family of eight mutual funds.
“Although the name is new, our commitment to helping investors take advantage of changing markets remains unchanged,” President Janet Brown said. “We continue to share our active strategy that responds to changing market conditions with investors through our money management services, our do-it-yourself newsletter or our mutual funds.”
There is no change in the ownership of the firm, and FundX Investment Group’s seasoned team of portfolio managers remains in place. Janet Brown has been with the firm continuously for over 32 years; Sean McKeon, Marty DeVault and Bernie Burke each have 19 years of tenure; Jason Browne, the firm’s chief investment officer, is a veteran of more than 11 years; and Dan Cozano joined the company 7 years ago. The company’s founder, Burt Berry, continues to visit his office regularly at age 89. The firm is comprised of twenty employees.
FundX invests in leading mutual funds and ETFs using its unconventional Upgrading strategy. Developed over the past 40 years, Upgrading selects the best performing noload mutual funds and ETFs each month based on near-term performance and then holds them only while they remain top-ranked.
“Upgrading provides a systematic response to adapt our portfolios to changing markets in real time,” Brown said.
About FundX Investment Group
Founded in 1969, FundX Investment Group was one of the first to use noload mutual funds to professionally manage investment portfolios for clients. Today the firm manages over $900 million in assets in hundreds of private client accounts and for its mutual fund shareholders. Since 1976, FundX has published the highly regarded monthly newsletter, NoLoad FundX. For more information, please visit www.fundx.com. FundX is also the advisor to a family of eight open-end mutual funds. For more information, please visit www.upgraderfunds.com.
