Rochdale Investment Trust eliminates sales charges for some funds

By Toni Weeks

San Diego, March 28 - The board of trustees of Rochdale Investment Trust approved the elimination of all sales charges, including sales charges calculated on purchases and deferred sales charges on redemptions, for some of its funds, according to a 497 filing with the Securities and Exchange Commission.

The redemption fee for shares purchased within 45 days will still be enforced for those funds.

The new policy applies to the Rochdale Large Growth Portfolio, the Rochdale Large Value Portfolio, the Rochdale Dividend & Income Portfolio, the Rochdale Intermediate Fixed Income Portfolio, the Rochdale Fixed Income Opportunities Portfolio and the Rochdale Emerging Markets Portfolio.

The filing also made one addition to its redemption fee policy, noting that some rebalancing transactions in retirement accounts may not be charged a redemption fee.

New York-based Rochdale Investment Management LLC is the investment adviser to the portfolios.

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