The Mutual Fund Education Alliance presented its STAR Awards for Excellence in Shareholder Communications to Ariel Mutual Funds, Montgomery Funds, and Strong Funds at their six annual awards ceremony.
The no-load fund industry trade association presented the awards in Chicago on Sept. 18. Ariel Mutual funds won for the small company level, which consists of those with up to $3 billion in assets. Montgomery Funds took the medium company level category, for those between $3 billion and $20 billion in assets under management. Strong Funds took the honors at the heavyweight level: funds with more than $20 billion in assets.