November 9, 2006
Innovative Investment Products Now Offered by
Bear Stearns, Fiserv, Pershing, Charles Schwab
SAN DIEGO, CA - Dunham & Associates Investment Counsel, Inc. today announced that its family of
11 asset class public mutual funds with performance-based sub-adviser compensation performance has
been added to four leading national mutual-fund platforms.
Dunham & Associates' performance fee-based products will be made available to partners and clients
of Bear Stearns, Fiserv, Pershing, and Charles Schwab. Under the recently signed marketing agreements
with these firms, Dunham Funds are now available to their introducing broker-dealer customers and the
clients they serve, and to independent registered investment advisors and their clients.
"We are very pleased to be able to bring our products and services to the vastly expanded client
base provided by our partnership with these firms," Jeffrey A. Dunham, founder and president of
Dunham & Associates, said. "Each of these firms – Bear Stearns, Fiserv, Pershing, and Schwab
– is a recognized leader in the industry, with a well-deserved reputation for excellence in service
and performance. These marketing agreements should greatly benefit Dunham & Associates,
its new partners, and most importantly, investors. We anticipate this will be a win win win situation for all."
Dunham & Associates has put together an innovative family of investment products and services for affluent
and high net-worth investors. "Dunham & Associates was founded on the belief that the traditional
method of charging fees to investors regardless of performance was inherently unfair," Dunham said. "Our clients
understand the risk factor involved in any investment and are happy to pay for advice and management that helps
their investments grow. What they don’t like is paying the same fees 'win or lose.' That's why, wherever
possible, we have structured our programs and products to tie compensation for sub-advisers directly to
performance. At Dunham, performance counts."
Under the recently concluded marketing agreements, Dunham Funds will be offered to introducing broker-dealer
customers and affiliated independent registered investment advisors working with:
- Bear, Stearns & Co., Inc.
- Pershing LLC
- The Charles Schwab Corporation
"We are very excited to be working with these outstanding companies," Keith E. Gregg, Dunham & Associates
chief marketing officer, said. "We look forward to making the most of this opportunity and offering our funds
to a wide range of top-notch investment professionals and their clients. Dunham Funds can be an extraordinarily
attractive investment option for the affluent investor, and in my opinion, feature unmatched fairness in pricing through
their performance based-fee structure. In recognizing that Dunham &
Associates has something new and special to offer, our new partners have helped demonstrate the vision,
insight, and initiative that have made them market leaders."
Founded in 1985, Dunham & Associates Investment Counsel, Inc. is a private wealth management firm
dedicated to providing financial advisors with asset management solutions for affluent clients. The San Diego,
California-based firm is a Registered Investment Adviser and FINRA broker/dealer. Dunham & Associates serves
as adviser to and distributor of The Dunham Funds. As such, it receives a separate fee. Some sub-advisers may
receive a minimum fee even if they don’t meet the benchmark. Dunham & Associates has specialized in
providing investment programs for institutions, foundations, and high net-worth individuals for more than two
decades. For more information, please visit the Dunham & Associates Website at: www.dunham.com.
Carefully consider the funds' investment objectives, risk factors, charges and expenses before
investing. This and other information can be found in the Fund prospectus, which may be obtained
by calling us at 800-442-4358. Read the prospectus carefully before investing. Investing involves
risk, including possible loss of principal.