The Jensen Portfolio to Change its Name to the Jensen Quality Growth Fund

Investment strategy, objective and process will remain unchanged

Sep 29, 2011, 11:00 ET from Jensen Investment Management

LAKE OSWEGO, Ore., Sept. 29, 2011 /PRNewswire/ -- Jensen Investment Management, the advisor to The Jensen Portfolio, is pleased to announce that its flagship mutual fund will adopt a new "doing business as" (dba) name effective September 30, 2011, "Jensen Quality Growth Fund", in order to better reflect the fund's long-standing investment strategy.

The fund's style, investment process and discipline will remain unchanged, as will the fund's ticker symbols and CUSIP. The only change is that starting September 30, 2011 it will begin doing business as the Jensen Quality Growth Fund.

"We believe that this new name will more precisely identify the Jensen Portfolio's underlying investment strategy that has been at the core of the fund since its launch in 1992," said Robert McIver, Principal at Jensen. "The fund will continue with its objective to produce long-term capital appreciation by owning a limited number of businesses judged to be of high quality by the firm's investment committee," he added.

The Jensen Quality Growth Fund's strict investment criteria will continue to include only those profitable businesses that we believe possess durable competitive advantages, produce consistent and sustainable cash flow as well as earnings growth, and those with skillful management teams who have demonstrated shareholder-friendly policies such as share buybacks and increasing dividend payments. Only those successful businesses that have demonstrated 10 consecutive years of strong business performance are even considered for inclusion in the fund, and then, only if shares can be acquired at a discount to the advisor's estimate of the company's intrinsic value, as determined by the investment team's members.

About Jensen

The Jensen Quality Growth Fund is the flagship mutual fund of, and proprietarily managed since inception by, Jensen Investment Management of Lake Oswego, Oregon. Jensen has also managed The Jensen Value Fund since its April 2010 inception, and additionally manages separate and institutional accounts. Jensen Investment Management is an independent, employee-owned asset management company with total assets under management of $5.4 billion as of August 31, 2011.

The Jensen Quality Growth Fund is a nondiversified mutual fund, meaning that it may concentrate its assets in fewer individual holdings than a diversified fund, and therefore is more exposed to individual stock volatility than a diversified fund. Investing involves risks, and loss of principal value is possible. Past performance does not guarantee future results.

The Jensen Funds' investment objectives, risks, charges and expenses must be carefully considered before investing. The funds' prospectuses contain this and other important information about the investment companies, and may be obtained by calling 1-800-992-4144, or by visiting Read them carefully before investing.

The Jensen Funds are distributed by Quasar Distributors, LLC.

Web Site:

Jensen Quality Growth Fund
Symbol: JENSX
CUSIP: 476313101

SOURCE Jensen Investment Management