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December 18, 2002 at 07:00 PM
Dec. 16, 2002 — Mason Street Advisors LLC named David R. Keuler and Michael P. Johnson as co-managers of the $59.4-million Mason Street Growth Stock Fund (MGSAX), succeeding Julie M. Van Cleave.
Van Cleave, who had managed the fund since its March 1997 inception, joined Deutsche Asset Management as a managing director and head of its large-cap growth team. Jack Zehner and Thomas J. Schmid, both formerly Mason Street where they provided portfolio research, also joined Van Cleave at Deutsche Asset.
According to an SEC filing dated December 6, Van Cleave became portfolio manager of the Scudder Capital Growth Fund (SDGAX), the Scudder Growth Fund/A (KGRAX) and the Scudder Large Company Growth Fund/A (SGGAX).
For the 12-month period ended November 29, the Mason Street Growth Stock fund declined 16.4%, while the average large-cap growth fund plunged 22.1%. For the three-year period ended November 29, the fund dropped an annualized 9.3%, while the peer group declined 16.3%.
