Burnham Investors Trust to Re-Open Burnham Financial Services Fund, Class A Shares, on January 3, 2005 NEW YORK, Dec. 17 /PRNewswire-FirstCall/ -- Burnham Investors Trust announced today that Burnham Financial Services Fund, Class A shares, would re-open to new investors on January 3, 2005. Shares will be available for purchase through Burnham Securities Inc. (Principal Distributor) and other broker dealers. Burnham Financial Services Fund invests primarily in small-capitalization financial service companies and has been closed to new investors since February 2004. The Burnham Financial Services Fund is managed by Burnham Asset Management Corporation. Mendon Capital Advisers Corp. serves as its investment sub-adviser; its founder and CEO, Anton V. Schutz, is the fund's Portfolio Manager. The fund is presently rated "five stars" by Morningstar. "We are looking forward to reopening this popular fund, and making it available to new investors interested in participating in the multi-faceted financial services sector," stated Jon Burnham, Chairman of Burnham Securities Inc. Mr. Burnham is Chairman of Burnham Investors Trust and Portfolio Manager of the Burnham Fund, a large-cap growth fund. Mr. Schutz added, "Our forecast of moderate growth may lead to a period of excess capital on banks' balance sheets, which may usher in a period of accelerating consolidation and renewed share repurchases, both of which would benefit our shareholders. Burnham Financial Services Fund specializes in small-cap financial services stocks, mostly regional banks and thrifts, and we believe that our fund, with its unique investment focus and discipline, places us in a position to take advantage of these trends. In addition, we expect that more savings and loan concerns will go public, and therefore more investment opportunities will present themselves." The fund's Class A shares (symbol: BURKX) are offered with a maximum sales charge of 5%. Class A shares are available at no-load through financial intermediaries (such as registered investment advisors) and Charles Schwab & Co.'s Mutual Fund Marketplace. The Fund expects to launch Class C shares later in 2005. Burnham Investors Trust is committed to providing a high level of service to all of its clients. The Burnham family of mutual funds includes The Burnham Fund, Burnham Financial Services Fund, Burnham Financial Industries Fund and two money market funds. The average annualized total returns for one-year, three-years, five years and since inception (June 7, 1999) periods ended November 30, 2004 of the Burnham Financial Services Fund's Class A shares were, 14.66%, 24.84%, 28.33%, and 26.19%, respectively. Including the maximum sales charge (5%) and all fees, performance was 8.92%, 22.72%, 27.02%, 25.01%, respectively. Past performance is no guarantee of future results. Investment return and value of shares will fluctuate, so that those shares, when redeemed, may be worth more or less than their original cost. All returns reflect reinvested dividends, but do not reflect the deduction of taxes that an investor would pay on distributions or redemptions. Performance is for the periods indicated for the Burnham Financial Services Fund and current performance may differ due to market volatility. For more complete information about the fund including a free prospectus and current fund performance, please contact Burnham Securities Inc. at 800-874-FUND, or visit the website at http://www.burnhamfunds.com/. The prospectus contains important information about the fund, including its management fee, sales charges, and other expenses which you should consider carefully. Please read the prospectus carefully before you invest or send money. Sector funds primarily limit their investments to companies in specific industries. This type of fund may be susceptible to factors affecting these industries, and the fund's value may fluctuate more than a fund that invests in a wider range of industries. Because this fund concentrates its investments in one sector of the economy (financial services), and it invests in derivative securities, investors should consider these risks because they may experience greater volatility than in a fund that invests across several sectors. Morningstar Inc. is an independent monitor of fund performance and has no relationship with Burnham Securities Inc. Morningstar rates mutual funds from one to five stars based on how well they've performed (after adjusting for risk and accounting for all sales charges) in comparison to similar funds. Within each Morningstar Category, the top 10% of funds receive five stars, the next 22.5% four stars, the middle 35% three stars, the next 22.5% two stars, and the bottom 10% receive one star. Funds are rated for up to three time periods -- three-, five-, and 10 years -- and these ratings are combined to produce an overall rating. Funds with less than three years of history are not rated. Ratings are objective, based entirely on a mathematical evaluation of past performance. They're a useful tool for identifying funds worthy of further research, but shouldn't be considered buy or sell recommendations. As of December 17, 2004, the Financial Services Category contained 109 funds. Shares of the fund are offered by Burnham Securities Inc., Principal Distributor, 1325 Avenue of the Americas, New York, NY 10019; 800-874-FUND; http://www.burnhamfunds.com/. DATASOURCE: Burnham Investors Trust CONTACT: Debra B. Hyman, Vice President of Burnham Securities Inc., +1-212-603-7511 Web site: http://www.burnhamfunds.com/

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