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(St. Louis, MO – November 07, 2006) In the Wall Street Journal’s “Mutual Fund Quarterly Review – Category Kings” two Commerce Funds were recognized for outstanding performance during the past year.
The Commerce Large-Cap Growth Fund finished ninth among a total of 712 comparable funds with a 10.21 percent one-year total return. The Commerce Mid-Cap Growth Fund, with a 13.14 percent one-year total return, finished sixth among 600 similar funds. On a percentage basis, both mutual funds ranked among the top 2 percent in the country during the past year.
Joe Williams, director of equity strategy at The Commerce Trust Company, credits the funds’ strong performance to the bank’s disciplined, consistent process over full market cycles.
Both the Large-Cap Fund (CFGRX) and the Mid-Cap Fund (CFAGX) have earned three-star overall ratings (as of 6/30/06) from Morningstar. Both of these Commerce funds have been available for five years and are available through Goldman Sachs, as well as direct from Commerce.
About Commerce Bank
Commerce Bank is the principal subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH), a $15.2 billion regional bank holding company. For more than 140 years, Commerce has been meeting the financial services needs of individuals and businesses. Commerce provides a diversified line of financial services, including business and personal banking, wealth management and estate planning and investments through its affiliated companies. Commerce currently operates in approximately 360 locations in Missouri, Illinois and Kansas. Commerce also has operating subsidiaries involved in mortgage banking, credit related insurance, venture capital and real estate activities.
For more information contact:
Jeanne Howard, Director of Regional Marketing
(314) 746-3672
www.commercebank.com
mymoney@commercebank.com
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