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Gaming and Casino Fund Plans Asset Growth as Ladenburg Thalmann Asset Management Inc. is named Manager
Dallas, TX (April 3, 2007) - Gaming and Casino Fund (NASDAQ: GACFX) shareholders have approved new
organizational arrangements and a Distribution Agreement between the
Fund, Ahrens Advisors L.P., and Ladenburg Thalmann Asset Management
Inc., a wholly owned subsidiary of Ladenburg Thalmann & Co. Inc.
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Dan Ahrens of Ahrens Advisors, L.P., who founded the Fund in March of
2006, will continue to manage the Fund on a daily basis as the Fund’s
sub-advisor. Ladenburg Thalmann Asset Management Inc. will serve as the
Fund’s new Investment Manager. Ladenburg Thalmann & Co. Inc. is the
Fund’s new principal underwriter and distributor.
“Up until this point, the fund was not actively marketed or
distributed to the public. We expect the new arrangements with Ladenburg
Thalmann will allow for more exposure. Ladenburg Thalmann is an old,
established firm with great resources that can really help this Fund
grow,” said Dan Ahrens, Portfolio Manager.
Philip Blancato, President of Ladenburg Thalmann Asset Management
Inc., said “Ahrens started a Fund with a very good concept specializing
in the gaming and casino sector. We plan to take this Fund to the next
level by greatly increasing the Fund’s public exposure and its
availability in the brokerage community.“
The Fund invests at least 80% of its assets in casinos, gaming
manufacturers, pari-mutuel companies, and lottery support systems, as
well as electronic/video game developers, manufacturers, and
distributors. It is the only U.S. mutual fund to specialize in the
gaming and casino industries.
Before investing you should carefully consider the Fund’s investment
objectives, risks, fees and expenses. This and other information is
contained in the prospectus, a copy of which is available at
www.gamingandcasinofund.comm
or by calling 877-THE-GACF (877-843-4223). Read the prospectus carefully
before investing. The Gaming and Casino Fund is distributed by Ladenburg
Thalmann & Co. Inc. Ladenburg Thalmann Asset Management Inc. is an SEC
Registered Investment Adviser that offers products under the same name.
Additionally, Ahrens Advisors, L.P. is an SEC Registered Investment
Advisor. Ladenburg Thalmann & Co. Inc. is a member of the New York Stock
Exchange and the Securities Investor Protection Corporation. Ladenburg
Thalmann & Co. Inc.’s parent, Ladenburg Thalmann Financial Services
Inc., is listed on the American Stock Exchange and trades under the
symbol “LTS”. Because the fund focuses its investments in the gaming and
casino industries, it may be subject to risks specific to that industry
more than a fund that invests in a wide variety of industries. Gaming
may be subject to legislative risks or changes in tourism and consumer
spending.
Dan S. Ahrens
Ahrens Advisors, L.P.
Mail: 1920 Abrams Parkway #373
Dallas, TX 75214
www.gamingandcasinofund.com
dahrens@ahrensadvisors.com
Phone: 214-934-8160
Fax: 214-276-7372
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