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Eugene C. Sit 1938-2008

After a courageous battle with pancreatic cancer, Eugene C. Sit, Founder and Chairman of Sit Investment Associates, passed away on June 24, 2008 at the age of 69.

Sit Investment Associates has planned extensively for succession for the last 15 years and the firm has an extensive and experienced research team with over 30 investment professionals.  Roger Sit, President, CEO, and Global Investment Officer will continue leading Sit Investment in all aspects of the investment process and portfolio management.  Roger joined Sit Investment in January 1998 and has worked closely with Gene during his entire tenure at the firm, including serving as Deputy Chief Investment Officer and Co-Chief Investment Officer.  Prior to joining Sit Investment, Roger was a Vice President and Senior Equity Research Analyst for Goldman Sachs & Company in New York City for seven years.

For more information about Roger Sit and the Sit investment team, please view their biographies.

Gene Sit was a great man.  The Sit Family and the 70+ employees of Sit Investment will continue to carry-on the strong culture and tradition that Sit Investment has operated under for the past 27 years.

August 19, 2008

The Sit Mutual Funds are managed by Sit Investment Associates, Inc., which has been operating under the highest ethical and professional standards since it was founded in 1981 by Eugene C. Sit. We maintain an uncompromising commitment and adherence to our investment philosophy and style, while continually seeking ways to enhance our investment process.

Important Legal Information

The Sit Mutual Funds referred to in this site are offered and sold only to persons residing in the United States, and are offered by Prospectus only. By using this site you agree to our Terms of Use. Information in this site does not constitute an offer to sell, or a solicitation of an offer to buy shares of any Sit Mutual Funds. Shares of the Sit Mutual Funds will not be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Mutual fund investing involves risk. Loss of principal is possible. For more information on any of our Funds, download a Prospectus from this site or call 800-332-5580 to have one sent to you. The Prospectus contains important information about a fund’s investment objectives, risks, and charges and expenses, and should be read carefully before investing.
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