Team Approach

CMI consists of two portfolio managers, David M. Brown and Neil C. Folger, and an administrative staff. While a portfolio manager is individually assigned to each client, all of us in Folger Nolan Fleming Douglas Capital Management, Inc. work together on a coordinated basis in terms of investment philosophy, research, and client service.

CMI is also supported by its Investment Policy Committee. This committee includes the two portfolio managers of the Group and the senior management of Folger Nolan Fleming Douglas, Lee M. Folger, Chairman and Robert B. Leahy, Senior Vice President. The purpose of the Investment Policy Committee is to draw on the combined strengths, talents, and experience of its members to oversee and maintain the investment direction and quality standards of the Group.

For bios of David M. Brown and Neil C. Folger, please see Portfolio Managers.