PRESS RELEASE
FOR IMMEDIATE RELEASE
For additional information contact:
Daniel A Morris, President
Morris Capital Advisors
(610) 722-0900
MALVERN BASED MUTUAL FUND COMPANY RANKED TOP 25 IN REGION
Morris Capital Advisors, Inc. announces that Manor Investment Funds,
Inc; an open-end management investment company; has recently been
included as one of the top 25 mutual funds in the Philadelphia area,
as published in the Philadelphia Business Journal, 2000 Book of Lists.
The ranking was based upon the total net assets as of March 31, 2000
as provided by Lipper Analytical Services, Inc., researched by Sharon
Oliver and Joshua Roberts.
According to Daniel A Morris of Morris Capital Advisors, "shareholder
assets invested in Manor Investment Funds, Inc. have increased over
103% in the past 15 months, primarily due to an increase in shareholder
investments in the Growth and Bond Funds; jointly introduced in June,
1999; in addition to investment performance."
Manor Investment Funds currently issues shares in three series, each
with distinct investment objectives and policies. The series are the
Manor Fund, Growth Fund and the Bond Fund. Each is a no-load fund and
there are no sales or 12b-1 charges.
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Press Release
MALVERN BASED MUTUAL FUND COMPANY RANKED TOP 25 IN REGION
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The Funds are designed for long-term investors, including those who
wish to use shares of one or more series as a funding vehicle for tax-
deferred plans, including tax-qualified retirement plans and Individual
Retirement Account (IRA) plans. Shares of the Funds may only be
purchased from the Fund, with an initial purchase of $1,000 and a
minimum subsequent purchase of $100.00
The Manor Fund invests primarily for conservative growth and income
focusing on long-term capital appreciation and a moderate level of
income. The Fund, which began operations in September 1995, holds
$2.9 million in net assets as of March 31, 2000.
The Growth Fund invests primarily for long-term growth and long-term
capital appreciation. The Fund currently holds $1.8 million in net
assets as of March 31, 2000.
The Bond Fund seeks to provide current income by investing in
intermediate-term US Treasury Notes. The portfolio, with an average
maturity of 4.2 years, holds $662,600 as of the end of the first
quarter of the year.
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Press Release
MALVERN BASED MUTUAL FUND COMPANY RANKED TOP 25 IN REGION
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Morris Capital Advisors, Inc, of Malvern, PA acts as the sole
Investment Advisor to the Fund. Mr. Daniel A. Morris is the director
and officer of the Investment Adviser and is also President of the
Fund. He has been a shareholder, executive officer and portfolio
manager for investment advisors to mutual funds and other investors
since 1981.
Morris Capital Advisors provides investment management services for
selected individual and institutional investors, providing services in
managed accounts through the Manor Investment Funds, the Core Portfolio
of large company stocks, the Growth Portfolio of large and mid-sized
company stocks, and Fixed Income Portfolios of taxable and municipal
bonds. Additionally, Morris Capital manages employee savings plans as
separately managed accounts or through managed mutual fund portfolios.
More complete information about Manor Investment Funds, Inc, including
charges and expenses, is available in the Prospectus for the funds
which can be obtained from Morris Capital Advisors, 15 Chester County
Commons, Malvern, PA, (610) 722-0900.
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