Sound Shore Fund

Press & What’s New:

For the period ending June 30, 2010, the Fund's 1-, 5-, and 10-year average annual returns were 7.80%, -0.81%, and 3.94%, respectively. Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. As stated in the current prospectus, the Fund’s annual operating expense ratio (gross) is .94%. Please click here for the Fund's most recent month-end performance, top 10 holdings and related information.

The recent growth rate in the stock market has helped to produce short-term returns that are not typical. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes.

The views in these article reprints and hyperlinks were those of Fund management as of each article's publication date and may be subject to change. These articles should not be considered as an offer to sell or a solicitation of an offer to buy shares of any other securities mentioned.

The article excerpts and hyperlinks reference individual securities that may or may not currently be held by the Fund. The Fund's 6/30/2010 numeric ranking within Morningstar's Large Value category for the 1-, 3-, 5-, and 10-year periods were 1234 of 1238 funds, 380 of 1135 funds, 313 of 952 funds and 93 of 494 funds. The Fund’s numeric rankings are based solely on total return performance. Earnings Per Share(EPS) is the portion of a company's profit allocated to each outstanding share of common stock. The S&P 500 Index consists of 500 widely held common stocks. This Index, calculated by Standard and Poor’s, is a total return index with dividends reinvested. The Russell 1000 Value Index consists of stocks in the Russell 1000 Index with lower price-to-book ratios and lower forecasted growth values. The Dow Jones Industrial Average consists of 30 stocks that are considered to be major factors in their industries and that are widely held by individuals and institutional investors. One cannot invest directly in an index.

SOLID PROFITS FROM SOUND INVESTMENTS
Louis Rukeyser’s Mutual Funds, June 2010

Sound Shore's disciplined, fundamental value investment process was recently profiled by reporter Peter Stass.

To read the article click here.

U.S. BUYSIDE
Oil and Gas Investor Magazine, June 2010

Sound Shore's investment team member Jim Clark was recently interviewed by Oil & Gas Investor Magazine about the firm's investment process and several energy holdings.

To read the article click here.

HAPPY 25TH BIRTHDAY SOUND SHORE FUND!!!
May 2010

We are proud to report that on May 17th 2010, the Sound Shore Fund celebrated its 25th birthday. As we noted in the Fund’s first quarter 2010 shareholder report, during the ten year period ending March 31, 2010, a $10,000 investment in the Sound Shore Fund would have grown to $15,884, while a comparable investment in the S&P 500 would have declined to $9,365. Thanks to our fellow shareholders for their investment alongside ours in The Sound Shore Fund.

SOUND SHORE ON INVESTING INTO THE HEADWINDS
Morningstar.com, April 2010

Morningstar recently interviewed the Sound Shore team regarding its investment process, several holdings, and perspectives on the most recent bear market.

Please click here to read the article.

A LOW-PROFILE MARKET BEATER
MoneyShow.com, April 2010

Sound Shore was recently highlighted as “A Low Profile Market Beater” by Morningstar’s mutual fund research team on the MoneyShow.com website.

To read the article click here.

BEST FUNDS THROUGH THICK AND THIN
Money Magazine, February 2010

We are proud to report that Money Magazine recently has named the Sound Shore Fund to its annual recommended list of best mutual funds for the 13th consecutive year. The magazine’s 2010 “Money 70” honor roll included funds that combined long-term competitive performance with low expenses, a consistent investment strategy, experienced managers, and trustworthiness.

“Diversification and asset allocation do not guarantee a profit, nor do they eliminate the risk of loss of principal. Moreover, there can be no guarantee that any strategy will be successful.”

To read the article click here.

Past Headlines:

2009 HEADLINES

HOW THE BEST LARGE-CAP MANAGERS RISE ABOVE THE REST
Morningstar Advisor, November 2009

The Sound Shore Fund was recently highlighted in Morningstar Advisor’s article “How the Best Large Cap Managers Rise Above the Rest.”

To read the article click here.

WHAT TO DO WITH $1,000, $10,000 OR $50,000
Money Magazine, November 2009

Money Magazine recently included the Sound Shore Fund in a recommended list of ideas for how to invest $10,000 today.

Read more here.

SOUND SHORE CAN GET YOU WHERE YOU WANT TO GO
Morningstar’s Take, August 2009

Morningstar mutual fund research recently profiled the Sound Shore Fund as one that, “has the traits that one looks for in a long-term core holding.”

Click here to view article.

EVIDENCE INDICATING THAT ACTIVE MANAGERS OUTPERFORM
Advisor Perspectives, June 2009

A recent article from Adviser Perspectives written by David Solow, an independent registered investment adviser, provides evidence and analysis indicating that truly active managers, as measured by “Active Share,” have delivered market beating results over time.

Click here to view article.

SOUND SHORE’S OUTPERFORMANCE DURING MARKET DOWNTURNS IS JUST ONE OF ITS ATTRACTIONS
Morningstar’s Take, March 2009

Morningstar mutual fund analyst Gregg Wolper recently profiled the Sound Shore Fund in an article titled “Sound Shore’s outperformance during market downturns just one of its attractions”.

Click here to view article.

The Best Funds You can Buy
Money Magazine, February 2009

Money Magazine has named the Sound Shore Fund to its 2009 list of best mutual funds for the 12th consecutive year. Mutual funds included in the “Money 70” were selected for their competitive performance, low expenses, manager tenure and experience, and stewardship, according to the magazine.

100 Great Funds, Our Best Picks For These Tough Times
SmartMoney, February 2009

We’re happy to report that the Sound Shore Fund was listed in SmartMoney’s “100 Best Time-Tested Funds”. From a universe of more than 5,000 mutual funds, the magazine selected only those “that survived the ups and downs”.

2008 HEADLINES

Value Amid The Storm
Barrons, October 2008

Barron’s magazine recently interviewed the Sound Shore team regarding its investment process and recent holdings. The article, “Value Amid the Storm,” can be accessed below…

To view and read the article Click here.

SOUND SHORE EATS ITS OWN COOKING
Morningstar Advisor, Fall 2008

The Fall 2008 edition of Morningstar Advisor magazine listed the Sound Shore Fund as one of only 27 domestic equity mutual funds out of a universe of 2,895 funds where each portfolio manager of the Fund has at least $1 million invested in their product. Morningstar based its analysis on required disclosure filed with the Securities & Exchange Commission as of 12/31/07. In addition to these individual investments by our senior managers, we are also proud that all employees with a minimum of one year on the Sound Shore team participate in our profit sharing plan which is invested exclusively in the Sound Shore Fund.

It’s Almost Time to Roll Out the Red Carpet
Morningstar, September 2008

Sound Shore Fund nominated by Morningstar for its 2008 Domestic Stock Manager of the Year award!

Morningstar says that the Sound Shore Fund “avoided nearly all of the financials that suffered the worst subprime-mortgage damage, as well as homebuilders. As a result, the fund’s moderate year to date loss puts it ahead of 98% of it category peers. Over the long haul, the fund’s results have shone in both absolute and relative terms.”

Winning With Out-of-Favor Stocks
Kiplinger, September 2008

Sound Shore Management’s bottom-up, company by company investment process was recently profiled by Kiplinger.com in an article titled “Winning With Out-of-Favor Stocks.”

John DeGulis, Co-Portfolio Manager, Sound Shore Fund
The No-Load Fund Investor, August 2008

Sound Shore’s Co-Portfolio Manager, John DeGulis was recently interviewed by the Editor and Publisher, Mark Salzinger of The No Load Fund Investor newsletter.

To read the interview and more about Sound Shore’s investment process, Click here to view article.

Sound Shore Shows Impressive Coping Skills
Morningstar's Take, June 2008

Senior mutual-fund analyst, Greg Wolper of Morningstar recently published an article titled, “Sound Shore Shows Impressive Coping Skills”. He references Sound Shore’s strategy and how it has “led to long-term success.” He closes the article with, “all in all, this fund itself makes for an appealing long-term holding.”

The Money 70
Money Magazine, February 2008

We are pleased to be named to the February, 2008 “Money 70” list of best mutual funds and remain a recommended fund for the 11th consecutive year.” Money’s criteria focus on “low expenses, a strong record for putting share-holder interests first, a consistent investment strategy and experienced managers.”

2007 HEADLINES

The Stockpickers
MarketWatch, December 2007

In an interview with Murray Coleman for the Dow Jones MarketWatch publication of “The Stockpickers”, Fund co-portfolio manager, John DeGulis discusses three stocks that have helped Sound Shore find “relative bargains in tech, health care and media”.

The Money 70
Money Magazine, February 2007

For the tenth year in a row, the Sound Shore Fund made Money magazine’s annual list of best mutual funds. The “Money 70,” recommends funds that are described as being, “built to last, no matter what the market brings.”

2006 HEADLINES

Long-Term Leaders
SmartMoney, October 2006

In SmartMoney’s fund screen, “Long-Term Leaders,” the Sound Shore Fund was one of ten mutual funds highlighted in the article. SmartMoney’s screen “started with funds whose managers had been in place for longer than a decade…then narrowed the field by demanding performance during that time period was in the top 25% of a fund’s given category. Finally (they) weeded out any fund charging higher than a 1.5% expense ratio. Funds that charge a load were also allowed, since many long-term managers are employed by independent fund shops.”

Better Know a Stock Picker
The Motley Fool, September 2006

The Sound Shore Fund and it’s “highly competitive” team were featured in Tim Beyers weekly edition of “Better Know a Stock Picker.” Beyers states that, “It’s remarkably difficult to beat the market consistently, yet they’ve done it for more than 20 years without charging exorbitant fees.”

The Money 65
Money Magazine, February 2006

The Sound Shore Fund was featured in the “Money 65,” Money magazine’s 2006 list of low-cost, well-managed mutual funds. This is the ninth consecutive year that Sound Shore has been included in Money’s lineup.

7 Great Funds to Buy Now
SmartMoney, February 2006

The Sound Shore Fund was highlighted in an article titled "7 Great Funds to Buy Now" in the February 2006 issue of SmartMoney. The article refers to the Fund's 20-year track record: "That's good enough to put it in the top 5 percent of its category..."

2004 HEADLINES

Our Favorite Large-Value Funds
Morningstar Fund Picks & Pans, January 2004

The Sound Shore Fund was one of the six picks for "Our Favorite Large-Value Funds" by Morningstar.

The following has been excerpted from Kunal Kapoor's January 21, 2004 article "Our Favorite Large-Value Funds."

"The newest entrée on our list might be an unfamiliar one to many of our readers, but we think that it's well worth looking at. Two of the fund's managers, Harry Burn and Gibbs Kane, have been around since its inception in 1985, while the third and most recent addition, John DeGulis, has served as an analyst on the fund since 1995. It's true that much has changed since the fund's launch, but it has stuck to its old-fashioned sensibility: The managers employ a strict value discipline and mostly invest in mid- and large-cap companies. Expenses are also low, partly because the fund doesn't charge 12b-1 or pay for shelf space, and the firm's profit-sharing plan is invested in the fund."