0001104659-12-062261.txt : 20120907 0001104659-12-062261.hdr.sgml : 20120907 20120907153702 ACCESSION NUMBER: 0001104659-12-062261 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120907 DATE AS OF CHANGE: 20120907 EFFECTIVENESS DATE: 20120907 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TURNER FUNDS CENTRAL INDEX KEY: 0001006783 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-00641 FILM NUMBER: 121079942 BUSINESS ADDRESS: STREET 1: 1235 WESTLAKES DRIVE, SUITE 350 CITY: BERWYN STATE: PA ZIP: 19312 BUSINESS PHONE: 6106763097 MAIL ADDRESS: STREET 1: 1235 WESTLAKES DRIVE, SUITE 350 CITY: BERWYN STATE: PA ZIP: 19312 FORMER COMPANY: FORMER CONFORMED NAME: TIP FUNDS DATE OF NAME CHANGE: 19970618 0001006783 S000006684 TURNER LARGE GROWTH FUND C000018210 Institutional TTMEX C000029560 Investor TCGFX 0001006783 S000006687 TURNER CONCENTRATED GROWTH FUND C000018213 Investor TTOPX 497 1 a12-20395_3497.htm 497

 

TURNER FUNDS

 

Turner Concentrated Growth Fund

Turner Large Growth Fund

 

Institutional Class

Investor Class

 

Supplement dated September 7, 2012

to the Prospectus dated January 31, 2012

 

THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED IN THE PROSPECTUS AND SHOULD BE READ IN CONJUNCTION WITH THE PROSPECTUS.  CAPITALIZED TERMS USED IN THIS SUPPLEMENT AND NOT OTHERWISE DEFINED SHALL HAVE THE MEANING GIVEN TO THEM IN THE PROSPECTUS.

 

On September 7, 2012, the Board of Trustees (the “Board”) of the Turner Funds approved the reorganization of Turner Concentrated Growth Fund (the “Concentrated Growth Fund”) into Turner Large Growth Fund (the “Large Growth Fund”).  The Board’s decision to reorganize the Concentrated Growth Fund is subject to shareholder approval. If you are a shareholder of record of the Concentrated Growth Fund as of a record date (the “Record Date”) expected to be established in October 2012, you will be eligible to vote at a Special Meeting of Shareholders.  If you become a shareholder after the Record Date, you will not be eligible to vote at the Special Meeting. All shareholders of record as of the Record Date will receive a proxy statement relating to the proposed reorganization describing its terms in detail.  This Special Meeting is expected to take place during the first quarter of 2013.

 

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In anticipation of the reorganization, the Board has determined to close the Concentrated Growth Fund to new investors effective December 28, 2012.

 

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.