DHFT Diamond Hill Finl (MM)

COLUMBUS, Ohio, Jan. 7 /PRNewswire-FirstCall/ -- Financial Trends Fund, Inc. (NASDAQ:DHFT) announced today that shareholders approved the investment advisory agreement with Diamond Hill Capital Management, Inc. "We are pleased with the results of last week's shareholder vote and look forward to continuing to serve fund shareholders," said Chris Bingaman, Portfolio Manager of the Financial Trends Fund. Also at the meeting shareholders approved an amendment to permit the fund to make short sales of securities and to amend the Articles of Incorporation to delete Article Tenth. About the Fund: Financial Trends Fund, Inc. is a diversified, closed-end fund. The Fund seeks long-term capital appreciation with current income as a secondary objective by investing at least 80% of its assets in stocks of U.S. and foreign financial services companies of any size. About Diamond Hill: Diamond Hill provides investment management services to institutions and financial intermediaries seeking to preserve and build wealth. The firm currently manages mutual funds, separate accounts and private investment funds. For more information on Diamond Hill, visit http://www.diamondhill.com/. DATASOURCE: Financial Trends Fund, Inc. CONTACT: Investors, James F. Laird, +1-614-255-3353, Web site: http://www.diamond-hill.com/

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