Firm Overview

Sterling Capital Management LLC is a registered investment adviser founded in 1970. An investment firm, Sterling is an independently operated subsidiary of BB&T Corporation, one of the nation's largest financial services holding companies. Sterling is headquartered in Charlotte, NC with offices in Raleigh, NC; Atlanta, GA; Washington, D.C.; San Francisco, CA; Richmond, VA; and Virginia Beach, VA. As of 6/30/2014, Sterling has over $46 billion in assets under management overseen by 103 investment and client service professionals.

Investment Objective

The Fund seeks to provide investment results that correspond as closely as practicable, before fees and expenses, to the total return of the broad range of stocks represented in the Standard & Poor's 500 Composite Stock Price Index.

  • To pursue its investment objective, the Fund presently invests all of its assets in the Master Portfolio, which is a series of Master Investment Portfolio, an open-end, management investment company. The Master Portfolio has substantially the same investment objective as the Fund.
  • The Master Portfolio seeks to replicate the total return performance of the S&P 500 Index.

Investment Considerations

The Fund invests in equity securities which fluctuate with overall market conditions and economic factors. The Fund will purchase, retain or sell securities in an attempt to track the performance of an index and may be subject to additional costs when aiming to correlate with the index. The Fund will not be able to replicate the index exactly due to structure, fees and expenses. The Fund invests in a Master Portfolio and the shareholder is subject to its underlying risks and may bear additional indirect expenses than if invested directly in the securities.

Fund Facts

Class A Shares Class B Shares Class C Shares Inst'l Shares
Ticker BAEQX BBEQX BCEQX BIEQX
Inception Date 09/11/2000 09/11/2000 05/01/2001 05/01/2007
Investment Minimum $1,000.00 $1,000.00 $1,000.00 $1,000,000.00
Subsequent Investment $0.00 $0.00 $0.00 $0.00
Max. Up Front Sales Charge 5.75% NA NA NA
Max. Deferred Sales Charge NA 5.00% 1.00% NA