Victory Capital Management Launches an Institutional Share Class for Its Mid-Cap Fund

CLEVELAND, March 29 /PRNewswire-FirstCall/ -- Victory Capital Management today announced that Victory Established Value Fund (VEVIX) will join nine other Victory Funds in offering an institutional share class (I Class Shares) as a new investment option.  

As of March 1, 2010, companies with total retirement plan assets greater than $10 million are eligible to use Victory's I Class Shares, a lower cost share class for qualified retirement plans. Previously, the total retirement plan asset minimum was $25 million.

"Institutional share classes are in higher demand because of the heightened awareness by investment consultants and plan sponsors about retirement plan fees," said John Kutz, managing director and retirement plan services sales manager, Victory Capital Management.  "We are pleased that we are able to offer an additional investment option for larger plans.  I Class shares are Victory Fund's lowest cost share, suitable for qualified retirement plans with assets above $10 million."

About Victory Capital Management

Victory Capital Management Inc. is an established investment management firm with a distinguished 100-year heritage. As or March 23, 2010, Victory manages more than $45.6 billion in investment portfolios including the KeyBank N.A Collective Trust Funds, a family of 11 collective funds. Headquartered in Cleveland with operating divisions in New York and Cincinnati, Victory serves clients in almost every U.S. state and many foreign countries. Victory's distinguished client list includes national, regional and independent broker dealers, retirement plan providers, corporations, Taft-Hartley plans, public sector entities, and endowments and foundations.

Disclosures

An investor should consider the Fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the Fund prospectus. To obtain a prospectus, please ask your Financial Advisor; visit VictoryConnect.com, or call 1.800.539.Fund (800-539-3863).Please read the prospectus carefully before investing.

The Fund is distributed by Victory Capital Advisers, Inc ("VCA") member FINRA and SIPC. VCA is a wholly owned subsidiary of KeyCorp (NYSE: KEY).Victory Capital Management Inc., an affiliate of VCA, is the investment advisor to the Fund and receives a fee from the Fund for its services.

Not FDIC Insured * No Bank Guarantee * May Lose Value

SOURCE Victory Capital Management