News Archive

7/19/2010 News From Rainier
Rainier’s Director of Fixed Income Management, Matthew Kennedy, was recently interviewed by Morningstar as part of their “Fund Manager Q&A” series. The discussion ranged from topics such as the benefits of active management to Rainier’s positioning given the current fixed income market environment. Please click here to read the full article.

7/6/2010 Firm News
Rainier Investment Management is an employee owned investment management Firm serving clients since 1987. Our investment team averages over 21 years of experience. Since inception, we have employed one investment philosophy - invest in quality growth companies at prices that make sense. For more information on our firm and the Financial Institutions Group, please click here.

5/11/2010 Sector Focus
At Rainier, we invest in all major market sectors because we believe that investment opportunities are found in industries that are frequently overlooked. To provide further insight into our decisions, we will periodically provide a focus piece on a chosen sector. Please click here to view our current Focus: Financials.

4/8/2010 Firm News
Rainier Investment Management, Inc.® announces Stacie L. Cowell, CFA, becomes a new shareholder. Please click here for more information.

2/4/2010 Sector Focus
At Rainier, we invest in all major market sectors because we believe that investment opportunities are found in industries that are frequently overlooked. To provide further insight into our decisions, we will periodically provide a focus piece on a chosen sector. Please click here to view our current Focus: Energy.

1/19/2010 Operational Updates

Rainier has retained BNY Mellon Asset Servicing to provide operational services to Rainier. We determined an outsourcing strategy allows the firm to further focus its attention on its core competencies: client service, research, portfolio management, and portfolio and trade compliance. BNY Mellon's services will free the existing Rainier staff to focus on value-added activities for our clients. At the same time, this solution provides Rainier with a flexible yet specialized service organization well-versed in the provision of operational services to the investment management community. We successfully implemented the transition during the year and began to use the reporting capabilities as of 4th quarter 2009.

8/5/2009 News From Rainier

Rainier is pleased to announce new initial investment minimums for the Rainier Funds. The initial investment for the Original Shares has been lowered to $2,500 and to $100,000 for the Institutional Shares. Our goal is to offer greater access to our Funds as we continue to provide our shareholders with the highest level of service.

4/2/2009 News From Rainier

We are pleased to announce the Rainier Funds have been recognized by Lipper, Inc. as the 2009 Best Equity Small Fund Group. This award is based on the three year, risk adjusted performance for the period ended December 31, 2008. There were 169 Small Equity Fund Families in this category. Please click here to read more.

1/1/2009 News From Rainier
As an employee-owned firm, we have managed our business to ensure that we can remain focused on our core responsibilities of managing client portfolios. At Rainier we invest in companies that we believe have healthy balance sheets and growth potential; we manage our business with that same expectation. We do not over-staff in speculative times and we have a history of hiring proven talent in difficult market environments to deepen our commitment to our clients. We are pleased to announce recent additions and promotions. Please click here to read more.

9/25/2008 News From Rainier
Rainier is pleased to announce the hiring of Michael D. Emery, CFA, as Senior Equity Portfolio Manager. With an extensive 13-year investment career, Michael will be focused primarily on the technology and health-care sectors. For more information, please click here to read our announcement.

8/18/2008 Plan Sponsor magazine
In a “Head of the Class” feature on growth investing in the August issue, Rainier is noted among managers that gained more than $1 billion net in large cap growth assets in the year ending March 31, according to Casey, Quirk & Associates. For more information see http://www.plansponsor.com.

8/18/2008 Pensions & Investments
Jim Margard is quoted on the financial sector in a story about money managers’ outlooks for the U.S. economy. To see the quote, read the last two paragraphs of http://www.pionline.com.

8/4/2008 News From Rainier

We are pleased to report Rainier's Small/Mid Cap Equity Portfolio is among ten funds discussed for its performance versus the S&P 500 for nine consecutive 12-month periods ending June 30, 2008, according to The Wall Street Journal's special section "Investing in Funds." For more information, please visit www.wsj.com.

The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.

7/28/2008 News From Rainier

Morningstar Analysis of Rainier Large Cap Equity Morningstar recently provided their take on Rainier’s Large Equity Portfolio. For more information please click here or visit www.rainierfunds.com.

7/11/2008 SmartMoneySelect

Rainier Large Cap Equity is one of seven funds in the weekly SmartMoneySelect “Fund Screen” column highlighting no-load equity funds. Performance, expenses and minimum initial investment are among the requirements for being mentioned in the article. For more information go to www.SmartMoneySelect.com. (subscription required for access)

While the funds are no-load, management fees and other expenses will apply. Please refer to the prospectus for further details.

7/3/2008 News From Rainier
Rainier is pleased to announce recent changes to our management team. Please click here for details.

6/16/2008 “Fund Spy”
This Morningstar column analyzed the portfolio manager holdings for all “Morningstar FundInvestor 500” funds. Rainier’s Small/Mid Cap Equity Portfolio was featured in the table linked to the article. For more information visit www.morningstar.com.

6/2/2008 “Closing Bell”
Jim Margard, Senior Equity Portfolio Manager, appeared on CNBC’s “Closing Bell” to discuss the future of the market. Jim mainly focused on the energy sector. For more information please visit www.cnbc.com.

5/19/2008 News From Rainier
In a recent article published in Investor's Business Daily, Mark Dawson, Senior Equity Portfolio Manager, discussed Rainier's investment philosophy, process and specific holdings in the Large Cap Equity Portfolio. Please click here for details.

5/5/2008 “Fund Fiend”
Rainier’s Mark Dawson, Senior Equity Portfolio Manager, was quoted in the Wall Street Journal’s monthly special section, “Fund Fiend.” The main topic was how growth managers have realized success during the long growth stock drought. For more information go to www.wsj.com. Subscription required for access.

5/1/2008 “Fund Update”
The May edition of “Fund Update” featured the Rainier Funds’ Small/Mid Cap Equity and Large Cap Equity portfolios. Main points discussed were the Funds’ sector exposure and performance and the process for including stocks in particularly volatile sectors. For more information visit www.nlfa.com. Subscription required for access.

4/30/2008 News From Rainier

The Board of Directors of the Rainier Funds and the shareholders of the Large Cap Growth Equity Portfolio have approved an adoption of the Fund by John Hancock Funds, LLC. Rainier will manage the Fund for John Hancock with the same team, philosophy and process. Starting April 30, 2008, information on the Fund will become available at www.jhfunds.com

The Large Cap Growth Equity strategy is still available to institutional clients of Rainier through a separate account or a commingled trust. To see information about this strategy please verify that you are an institutional investor by selecting "institutional investor" in the upper right corner of the homepage.

This material should not be interpreted as an offer of any other mutual fund.

3/26/2008 Colorado PERA Selects RGROX for DC Plans
The Colorado Public Employees’ Retirement Association has selected the Rainier Large Cap Growth Equity Portfolio to its defined contribution plans. The plan totals approximately $1.7 billion For more information please visit www.pionline.com.

3/10/2008 News From Rainier
Rainier is proud to announce a recent promotion to the Equity Portfolio Management Team and additions to both the Fixed Income and Client Service team. Please click here for details.

1/24/2008 Small Managers Surge as Sub-advisory Booms
Rainier’s Brian Bader, Director of Subadvisory Sales and Client Service, commented on the advantages and disadvantages of entering the subadvisory business. For more information go to www.fundfire.com. Subscription required for access.

12/26/2007 SmartMoney Fund Screen
Rainier’s Large Cap and Large Cap Growth Portfolios were featured in the “SmartMoney Fund Screen” feature in the Wall Street Journal. The funds featured on this list require a minimum investment between $5,001 and $25,001. Furthermore, they must be open to new investors, have an annual expense ratio under 1.5% and be no-load. For more information go to www.wsj.com. Subscription required for access. While the funds are no-load, management fees and other expenses still apply. Please refer to the prospectus for further details.

12/1/2007 K&L Gates - "Top of Mind"
In an article discussing the in-house role of the corporate counsel, Kristen Howell, General Counsel for Rainier, discussed how she views the role of the general counsel within a complex business. The corporate counsel is said to “connect the dots” in a business – often working as the perspective which considers all implications of a business proposal.

11/27/2007 Rainier Small/Mid Seeks the Top-Tier
Rainier’s Small/Mid Cap Equity Portfolio was discussed. Points of interest included were Rainier’s philosophy of bottom-up stock picking and the teamwork that goes into this method. Also discussed in the article were specific stocks held. The Rainier Small/Mid Cap Equity Portfolio is closed to new investors, however, sister fund Rainier Mid Cap Equity is open. For more information see www.investors.com.

10/15/2007 CNBC “Street Signs”
Daniel Brewer, Senior Equity Portfolio Manager, appeared on Street Signs program discussing Rainier’s Large Cap Growth and Small/Mid Cap portfolios. For more information go to www.cnbc.com.

10/14/2007 Wall Street Journal Sunday Pages
In an article discussing the market for fine art, Jim Margard, Chief Investment Officer, discussed why certain fine art stocks continue to be a held in Rainier’s portfolios. For more information, see the October 14, 2007 issue of The Wall Street Journal.

10/12/2007 CNBC – “Power Lunch”
As part of the CNBC’s “Road Show” special featuring Seattle, Mark Dawson, Senior Equity Portfolio Manager, discussed Rainier Large Cap stock picks in a segment titled “Rainier Large Caps: Eyeing the Blue Chip Rally”. For more information go to www.cnbc.com.

10/1/2007 Morningstar Analysis of Rainier Small/Mid Cap Equity
Morningstar provided their take on Rainier’s Small/Mid Cap Equity Portfolio. Performance for the closed Fund relative to competitors was discussed. For more information go to www.morningstar.com.

10/1/2007 Pensions & Investments Special Report
Rainier was featured in the P&I special report on the world’s largest 500 money managers, “The World’s Largest Managers”. The results were compiled by Pensions & Investments/Watson Wyatt in 2006. For more information go to www.pionline.com.

9/17/2007 Redefining Growth
Rainier's Jim Margard, Chief Investment Officer, discussed the Large Cap Equity Fund in Barron's September 17, 2007 issue in the article "Redefining Growth." Please click here for details.

9/6/2007 Morningstar Analysis of Rainier Large Cap Equity
Morningstar provided their take on Rainier’s Large Cap Equity Portfolio, which was reclassified from the large blend category into the large-growth category in early 2007. For more information go to www.morningstar.com.

9/3/2007 Pensions & Investments profiles Rainier
Len Brennan, Chief Executive Officer, discussed Rainier’s growth during 2006 and the first half of 2007. The inflows into Rainier’s Large Cap Growth Equity strategy as well as the new Mid Cap Equity strategy were discussed along with Rainier’s expectations for future growth. For more information go to www.pionline.com.

8/6/2007 Rainier's Large Cap Growth and Mid Cap Portfolios Mentioned in Wall Street Journal's "The Journal Report"
In The Wall Street Journal's monthly review of mutual funds, Rainier's Mid Cap and Large Cap Growth Equity Portfolios were listed in the article "Category Kings in 22 Realms". For more information see the August 6, 2007 edition of The Wall Street Journal.

8/1/2007 No-Load Fund Analyst features Rainier Small/Mid Cap Equity and Large Cap Equity in “Fund Update”
Jim Margard, Chief Investment Officer, and Peter Musser, Senior Equity Portfolio Manager, provided an in-depth discussion of Rainier’s Growth At a Reasonable Price (GARP) philosophy.

7/30/2007 Rainier Large Cap Equity featured in Kiplinger.com’s “Fund Watch” profile
Daniel Brewer, Senior Equity Portfolio Manager, discussed Rainier’s Growth At A Reasonable Price investment philosophy. Highlighted was Rainier’s process of finding growth stocks in all market sectors

7/26/2007 Money Management: America’s Top 300 Money Managers
Rainier was recently featured in the article “Who Says It Doesn’t Grow on Trees?” discussing the top 300 money managers in the country. Asset management firms have continued to grow throughout the years and in 2006, the smallest firm on the list reported assets of $6.3 billion and the largest firm managed $1.8 trillion as of 12/31/2006. Rainier ended 2006 with $11.4 billion under management.

7/26/2007 Finding Gems in All Parts of the Market
Louis Rukeyser's Wall Street featured Jim Margard, Chief Investment Officer, in the article "Finding Gems in All Parts of the Market." Overall investment approach for Rainier's equity strategies were discussed. Please click here to read the article.

7/3/2007 Relief: Gains Hold Up
Daniel Brewer, Senior Equity Portfolio Manager, discussed his view of the potential for stocks in the small, mid and large capitalization ranges after the mergers and acquisitions craze of the second quarter.

7/3/2007 Rainier Mid Cap Portfolio Mentioned in Wall Street Journal's "The Journal Report"
In The Wall Street Journal's monthly review of mutual funds, Rainier Mid Cap Equity was listed in the article "Category Kings in 22 Realms". For more information see the July 3, 2007 edition of The Wall Street Journal.

6/25/2007 CNBC Interviewed Jim Margard Tuesday, June 26
Jim Margard, Chief Investment Officer and Senior Equity Portfolio Manager, discussed mid cap stocks and Rainier's Small/Mid Cap Equity product Tuesday, June 26, on CNBC's Squawk Box segment at 9:50 AM Eastern Time.

6/4/2007 Rainier Funds Mentioned in Wall Street Journal Feature
The Wall Street Journal listed 3 out of 6 of Rainier's mutual funds in the article "Category Kings in 16 Realms." Spanning across all market capitalizations, the Rainier Large Cap Equity, Mid Cap Equity and Small/Mid Cap Equity funds were all featured. For more information visit www.wsj.com.

5/31/2007 Montana Hires Rainier
Rainier Investment Management, advisor to the Rainier Funds, was hired to manage a Large Cap Growth Equity separate account for the Montana Board of Investments. Consultant was R.V. Kuhns. For more information visit www.pionline.com.

5/30/2007 Power Lunch
Daniel Brewer, Senior Equity Portfolio Manager, appeared on a Morningstar-related segment of CNBC’s “Power Lunch” to discuss Small/Mid Cap Equity. The Fund was recently analyzed by Morningstar. For more information visit www.morningstar.com or www.cnbc.com.

5/14/2007 Pensions and Investments
Daniel Brewer, Senior Equity Portfolio Manager, was quoted in the front page story “Bull Market Bonanza Expected to Continue: Outlook Remains Rosy Despite Minor Sub prime Concerns” by Jay Cooper. Given the current market records, sector representation and Rainier’s strategy of actively seeking growth outside key sectors was highlighted by Mr. Brewer.

5/11/2007 Morningstar Analysis of Mid Cap Equity
Morningstar came out with a second analysis of the Mid Cap Equity fund, which has an inception date of 12/27/05. Buy and sell process, investment philosophy and investment team was discussed. For more information, visit www.morningstar.com.

5/7/2007 The Journal Report
Rainier’s Mid Cap Equity Fund was discussed in this monthly review of Mutual Funds.

5/7/2007 Morningstar Analysis of Small/Mid Cap Equity
Morningstar analyzed the closed Small/Mid Cap Equity fund. The fund’s growth-at-a-reasonable price strategy, investment process and past performance were discussed. For more information, visit www.morningstar.com.

5/2/2007 Street Signs
Mark Dawson, Senior Equity Portfolio Manager, appeared on Street Signs to discuss Rainier’s Large Cap Equity Portfolio.

5/1/2007 Best Buys Challenges
The Schwab Wealth Builder, Pre-Retirement and Retirement portfolio, added 5% positions in Rainier Mid Cap Equity (RIMMX).

4/2/2007 Fortune Magazine
Rainier’s Jim Margard, Chief Investment Officer, was interviewed to discuss the recent market volatility. Tactics for making defensive investments for a portfolio in this market were highlighted. For more information, visit www.rainierfunds.com.

3/26/2007 Dow Jones on Rainier Large Cap Growth Equity
Rainier’s Mark Dawson, Senior Portfolio Manager, discusses the future potential for Large Cap given recent market activity. Specific stock picks and Morningstar ratings were also discussed. For more information, visit www.rainierfunds.com.

3/16/2007 Morningstar Analysis of Large Cap Equity
Rainier’s Large Cap Equity (RIMEX), formerly named Core, moved to the Large Cap Growth category at Morningstar. Philosophy and process coupled with team and experience was discussed. For more information, visit www.rainierfunds.com or www.morningstar.com.

3/5/2007 Closing Bell
Rainier’s Jim Margard, Chief Investment Officer, was featured in the “Street Smarts” segment about ‘Looking for value in large cap stocks”. The interview can be viewed online at www.cnbc.com. Rainier is not responsible for the content found on cnbc.com.

2/1/2007 Portfolio Spotlight - Staying in Front
Rainier’s Jim Margard, Chief Investment Officer, shares his thoughts about the 2007 performance of small-company stocks. Rainier’s Mid Cap Equity fund was also featured.

1/29/2007 Fund Watch
Rainier’s Small/Mid Cap Equity five- and ten-year performance was discussed along with picking long-term mutual funds. Jim Margard, Chief Investment Officer, discussed Rainier’s investment philosophy and growth-orientation strategy.

1/4/2007 Journal Report
Rainier’s Mid Cap Equity fund was featured amongst its Midcap Growth peers in this quarterly review of mutual funds.

1/4/2007 Mutual Funds
Rainier’s Small/Mid Cap Equity was featured. Jim Margard, Chief Investment Officer, discussed his style for researching and selecting stocks relative. Portfolio performance and characteristics were also discussed.

12/31/2006 Core Equity Renamed Large Cap Equity and Growth Equity Renamed Large Cap Growth Equity
We have renamed two of our Portfolios for all share classes for the Funds. Effective February 20, 2007, the previous Core Equity Portfolio (RIMEX) & (RAIEX) is renamed Large Cap Equity Portfolio (same tickers) and Growth Equity Portfolio (RGROX) is renamed Large Cap Growth Equity Portfolio (same ticker). We have changed the names, but rest assured that we have not changed the way we manage the Portfolios or the Portfolio objectives. The team, philosophy, process and Portfolio construction are exactly the same as before the name change.

12/19/2006 SmartMoney Fund Screen
Rainier’s Core Equity fund was featured among five no-load equity funds. The article cited performance for three and five years relative to category peers with minimum initial investment requirements between $5,001 and $25,000.

12/15/2006 RIMEX in “Fund Screen” on high-minimum funds
Rainier’s Core Equity is one of five funds discussed in an article about the performance of high-minimum funds. All funds discussed were open to new investors, charge an expense ratio of less than 1.5%, are no-load investments and had applicable three- and five-year performance benchmarks.

12/6/2006 Rainier Small/Mid Cap Equity
Morningstar released a new analysis of Rainier’s Small/Mid Cap Equity fund. The Fund’s track record as well as investment style was discussed. For more information see www.morningstar.com.

12/6/2006 Rainier Mid Cap Equity
Morningstar released its first analysis of Rainier’s Mid Cap Equity fund, which has an inception date of 12/27/05. Jim Margard, Chief Investment Officer, estimates there is an 80% overlap with Rainier’s Small/Mid Cap Equity fund.

12/4/2006 Journal Report
Rainier’s new Mid Cap Fund’s performance year-to-date through November 30, 2006 was discussed in this monthly review of mutual funds.

Sector Focus
At Rainier, we invest in all major market sectors because we believe that investment opportunities are found in industries that are frequently overlooked. To provide further insight into our decisions, we will periodically provide a focus piece on a chosen sector. Please click here to view our current Focus: Technology.