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Citizens Funds Acquired by Sentinel

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The acquisition of eight mutual funds from Citizen Advisers, Portsmouth, New Hampshire by Sentinel Investments of Montpelier, Vermont, has been completed, resulting in the transfer of nearly $740 million in assets and approximately 20,000 shareholder accounts. The transaction increases Sentinel’s assets under management to approximately $18 billion.

Under the agreement, each of Citizens’ eight funds were reorganized into existing or new Sentinel funds as follows:

Citizens Core Growth Fund and Citizens Value Fund–Sentinel Sustainable Core Opportunities Fund;

Citizens Emerging Growth Fund and Citizens Small Cap Core Growth Fund–Sentinel Sustainable Emerging Companies Fund;

Citizens Global Equity Fund–Sentinel International Equity Fund;

Citizens Balanced Fund–Sentinel Balanced Fund;

Citizens Income Fund–Sentinel Government Securities Fund;

Citizens Money Market Fund–Sentinel U.S. Treasury Money Market Fund.