Definitive Materials Filed by Investment Companies. (497)
28 Décembre 2012 - 10:30PM
Edgar (US Regulatory)
BlackRock Focus Growth Fund, Inc.
(the “Fund”)
Supplement dated December 28, 2012
to the Statement of Additional Information
dated December 28, 2012
Effective until January 1, 2013, Jeffrey Lindsey, CFA,
and Bryan Krause will serve as the portfolio managers of the Fund.
Effective until January 1, 2013, the section entitled
“Management and Advisory Arrangements — Information Regarding the Portfolio Manager” is revised as set forth
below.
Jeffrey R. Lindsey, CFA, and Bryan Krause are the Fund’s
portfolio managers and are jointly and primarily responsible for the day-to-day management of the Fund’s portfolio.
Other Funds and Accounts Managed
The following table sets forth information about funds and accounts
other than the Fund for which the Fund’s portfolio managers are primarily responsible for the day-to-day portfolio management
as of August 31, 2012.
|
|
Number of Other Accounts Managed
and Assets by Account Type
|
|
Number of Other Accounts and Assets for
Which Advisory Fee is Performance-Based
|
|
Name of Portfolio Manager
|
|
Other
Registered
Investment
Companies
|
|
Other Pooled
Investment
Vehicles
|
|
Other
Accounts
|
|
Other
Registered
Investment
Companies
|
|
Other Pooled
Investment
Vehicles
|
|
Other
Accounts
|
|
Jeffrey R. Lindsay, CFA
|
|
12
|
|
8
|
|
18
|
|
0
|
|
0
|
|
1
|
|
|
|
$9.09 Billion
|
|
$1.9 Billion
|
|
$2.80 Billion
|
|
$0
|
|
$0
|
|
$144.3 Million
|
|
Bryan Krause
|
|
12
|
|
8
|
|
18
|
|
0
|
|
0
|
|
1
|
|
|
|
$9.09 Billion
|
|
$1.9 Billion
|
|
$2.80 Billion
|
|
$0
|
|
$0
|
|
$144.3 Million
|
|
Effective until January
1, 2013, the last sentence of the first paragraph under the subsection entitled “Portfolio Manager Compensation Overview”
is deleted in its entirety.
Effective until January 1, 2013, the last sentence of the first
paragraph under the subsection entitled “Portfolio Manager Compensation Overview — Discretionary Incentive Compensation”
is deleted in its entirety and replaced with the following:
With respect to the portfolio managers, such benchmarks for the
Fund and other accounts include the following:
Portfolio Managers
|
Applicable Benchmarks
|
Jeffrey R. Lindsey, CFA
Bryan Krause
|
Lipper Large Cap Growth fund classification and eVestment Alliance
US Large Cap Growth Equity category
|
Effective until January
1, 2013, the last sentence under the subsection entitled “Portfolio Manager Compensation Overview — Distribution of
Discretionary Incentive Compensation — Long-Term Incentive Plan Awards” is deleted in its entirety and replaced with
the following:
Mr. Lindsey has received long-term
incentive awards.
Effective
until January 1, 2013, the last sentence under the subsection entitled “Portfolio Manager Compensation Overview
—
Distribution of Discretionary Incentive Compensation — Other compensation benefits — Incentive Savings Plans”
is deleted in its entirety.
Effective until January 1, 2013, the subsection entitled “Fund
Ownership” is deleted in its entirety and replaced with the following:
The following table sets forth the dollar range of equity securities
of the Fund beneficially owned by the portfolio managers as of August 31, 2012.
Portfolio Manager
|
Dollar Range
|
Jeffrey R. Lindsey, CFA
|
$100,001 – $500,000
|
Bryan Krause
|
None
|
Effective until January
1, 2013, the last two sentences of the first paragraph under the subsection entitled “Portfolio Manager Potential Material
Conflicts of Interest” are deleted in their entirety and replaced with the following:
It should
also be noted that a portfolio manager may be managing hedge fund and/or long only accounts, or may be part of a team managing
hedge fund and/or long only accounts, subject to incentive fees. Such portfolio managers may therefore be entitled to receive
a portion of any incentive fees earned on such accounts.
Shareholders should retain this Supplement
for future reference.
Crystal Rock Holdings Class A (AMEX:CRVP)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Crystal Rock Holdings Class A (AMEX:CRVP)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024