Chief Investment Officer, North Star Investment Management
“We focus our primary research on companies that we believe have strong or improving businesses.”
Eric has over 30 years of experience, serving both individual and institutional clients. As Chairman of the Investment Committee, Eric is responsible for overseeing the firm’s various investment strategies. Eric acts as portfolio manager for the North Star Micro Cap Fund, the North Star Opportunity Fund, and the North Star Dividend Fund, and he serves on the Investment Committee of the Copley Fund, a no-load mutual fund. Eric holds an M.B.A. in Finance as well as a B.A. in Economics from The University of Chicago. Eric and his family live in Lake Forest, Illinois.
Chairman & Chief Executive Officer, North Star Financial Services;
President, North Star Investment Management
“We look for statistically undervalued small and micro cap businesses with substantial free cash flow and a specific growth catalyst, often in boring industries.”
Peter has over 25 years experience in the financial industry. In addition to working with individual clients and families, Peter is the portfolio manager for the North Star Micro Cap Fund, the North Star Dividend Fund, and the North Star Opportunity Fund, and he is a member of the Investment Committee of the Copley Fund, a no-load mutual fund. Peter has served as the Treasurer of a number of charitable and political organizations, and as a Director of a Chicago-area bank, a publicly traded business development company, and a community hospital. Peter earned his B.A. from the University of Michigan School of Business. Peter and his family live in Chicago.
Chief Fixed Income Strategist, North Star Investment Management
“Great insights into business aren’t discovered by looking at the same information as others do.”
Sheldon began his career at the Federal Reserve Bank of New York on the Open Market Trading desk 52 years ago and later founded the high yield trading division at Goldman Sachs. In addition, Sheldon was a Partner, Compliance Officer, and Sales Manager at Bear Stearns; was Director of Commodities and Futures at Gruntal & Co.; and was a former Director of the Chicago Board Options Exchange. Sheldon oversees the firm’s fixed income operations, including Municipals, Treasuries, Corporates, Agencies, and CDs, and also serves on the Investment Committee of the Copley Fund, a no-load mutual fund. Sheldon holds a master’s in Economics from The City University of New York. Sheldon and his family live in Chicago.
Chief Equity Strategist & Senior Portfolio Manager
“We believe that active management can make a big impact on portfolio returns, especially in small cap investing.”
Brad has 25 years of financial industry experience. In addition to working with individual clients, Brad is a portfolio manager for the North Star Opportunity Fund. Previously he had 13 years of security experience as a member, specialist, and trader on the Chicago Stock Exchange. Brad graduated from the University of Maryland and received his J.D. from Marquette Law School. Brad and his family live in Highland Park, Illinois.
Jim Tassoni, CFA
“By focusing on stability and sustainability of growth and profitability, we attempt to find those companies that can survive and thrive through the peaks and troughs of the business cycles.”
Jim has nearly 15 years of investment experience including positions as an analyst, consultant, and portfolio manager with WCM Investment Management, Morgan Stanley and UBS Financial Services, Inc. Jim Earned his B.S. from Michigan State University and is currently a candidate for the Chartered Financial Analyst (CFA) designation. Jim is a Registered Investment Advisor of Regal Investment Advisors, LLC and founder and CIO of Durand Capital Partners. Jim is a portfolio manager of the North Star Opportunity Fund.
Mutual funds have investment risks including loss of principal. There is no guarantee the fund will meet its objective. In general, the price of a fixed income security falls when interest rates rise. There is a risk that issuers and counterparties will not make payments on securities and other investments held by the Fund, resulting in losses to the Fund.
The Fund may invest in high yield securities, also known as “junk bonds.” High yield securities provide greater income and opportunity for gain, but entail greater risk of loss of principal. Foreign common stocks and currency strategies will subject the Fund to currency trading risks that include market risk, credit risk and country risk. Municipal securities are subject to credit risk where a municipal security might not make interest and principal payments as they come due. The Adviser follows an investing style that favors value investments. At times when the value investing style is out of favor, the Fund may underperform other funds that use different investing styles.
Investments in lesser-known, small and medium capitalization companies may be more vulnerable than larger, more established organizations. As with any investment, there are risks associated with REITs. Investments in lesser-known, small and medium capitalization companies may be more vulnerable than larger, more established organizations. The Advisor does not attempt to keep the portfolio structure or fund performance consistent with any market index. Increased portfolio turnover may result in higher brokerage commissions, and other transaction costs may result in taxable capital gains.
Investors should carefully consider the investment objectives, risks, charges and expenses of the North Star Funds. No-load mutual funds are sold without sales charge; however, they have ongoing expenses, such as management fees. This and other important information about each of the Funds are contained in the prospectus, which can be obtained at www.nsinvestfunds.com or by calling (855) 580-0900. The prospectus should be read carefully before investing.