ALPS Fund Services Welcomes New Mutual Fund
Clients in 1st Quarter 2010
April 30, 2010 06:56 PM Eastern Daylight Time
DENVER--(EON: Enhanced Online News)--ALPS Fund Services, Inc., a leading provider of asset servicing to the
investment management industry, announced today the addition of two new mutual fund clients during the first quarter
of 2010. ALPS welcomes the James Advantage Funds and the Caldwell & Orkin Market Opportunity Fund.
James Advantage Funds, located in the Dayton, Ohio area, has been servicing client investment needs since 1972.
James' Board of Trustees selected ALPS for administration, fund accounting, legal, tax and transfer agency services
after a thorough review of multiple provider offerings. "ALPS set themselves apart not only in the day-to-day
operations areas but also in their ability to offer James a customized, flexible technology portal through ALPS Virtual
Access (AVA) and ongoing active distribution support," stated Tom Mangan, Vice President and Chief Financial
Officer at James Advantage Funds.
The Board of Directors of The Caldwell & Orkin Funds, Inc., located in Norcross, Georgia, has selected ALPS
Distributors, Inc. to provide distribution and underwriting services for the Caldwell & Orkin Market Opportunity
Fund. In addition, the Board selected ALPS to provide fund accounting, administration, transfer agency, tax and
legal services to the Fund. "The Fund’s shareholders should benefit from this new partnership with ALPS,” said
Frederick T. Blumer, the Fund’s independent Chairman. “The conversion of fund accounting, administration and
distribution occurred in mid-November 2009 and the transfer agency conversion occurred in mid-February 2010,”
noted William C. Horne, the Fund’s Director of Client Services, Chief Compliance Officer and Treasurer. “Both
conversions were flawless and seamless to our shareholders. Thus far, we’ve been very impressed with the
technology solutions ALPS employs, as well as, the ALPS personnel involved in the conversions,” Ho