Oct. 31, 2002 — Citizens Funds said Citizens Advisers Inc. replaced Meyers Capital Management as manager of the $16.6-million Citizens Funds:Value Fund/Retail (MYPVX).
The fund’s portfolio is now team managed by Jeff Schappe, Tom Coler, and Bob Barringer, Citizens said. Meyers Capital had run the fund since its inception in June, 1996.
“We made the move in an effort to improve the fund’s performance,” said Citizens spokeswoman Val Dingle. “It’s not where we would like to see it.”