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IronBridge Large Cap Fund board OKs lower management fee, expense cap
By Toni Weeks
San Diego, March 30 - The board of directors of IronBridge Funds, Inc. approved a reduction in management fees for the IronBridge Large Cap Fund, according to a 497 filing with the Securities and Exchange Commission.
The management fees have been reduced to 0.65% from 0.75% of the average daily net assets. The cap on the fund's operating expenses has also dropped, to 0.8% from 0.85%.
The filing also stated that the directors of IronBridge Funds are Walter H. Clark, James W. Haugh and James M. Snyder.
Oakbrook Terrace, Ill.-based IronBridge Capital Management, LP serves as the fund's investment adviser.
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