Long-Tenured Hirobumi & Partners Municipal Bond Fund Manager to Retire in March 2018

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Mr. Fujita gathered an experience of more than 25 years in fixed income management.

Hirobumi & Partners, a registered investment advisory firm independent of any financial institution that offers a full line-up of investment advisory services for corporate and individual investors today announced that Junko Fujita, a Long-Tenured Municipal Bond Fund Manager in Hirobumi & Partners’ Fixed Income Group, will retire at the end of March 2018.

Ms. Fujita has managed the Hirobumi & Partners Tax-Exempt Money Market Fund and the Hirobumi & Partners Short-Term Tax-Exempt Fund, respectively. As principal and head of the short-term municipal team within Hirobumi & Partners Fixed Income Group, Ms. Fujita has oversight management responsibility for all six tax-exempt money market portfolios, municipal bond fund cash reserves, Hirobumi & Partners Short-Term Tax-Exempt Fund, and Hirobumi & Partners Municipal Cash Management Fund.

“Junko was a pioneer in building our municipal bond fund capabilities and the broader fixed income management function at Hirobumi & Partners. She has not only successfully served as a fund manager for more than two decades, but she has also developed a deep and talented team of portfolio managers and traders to oversee Hirobumi & Partners’ tax-exempt money market funds,” said Toshi Shizuka, Head of Asia Pacific Fixed Income at Hirobumi & Partners. “We are grateful to Junko for her service and dedication to our shareholders.”

Upon Ms. Fujita’s retirement in March, Masahito Yoshika will assume portfolio management responsibility for Hirobumi & Partners Tax-Exempt Money Market Fund and Hirobumi & Partners Short-Term Tax-Exempt Fund. The funds’ investment policies, objectives, and fundamental strategies will remain the same. In addition, Mr. Yoshika will assume oversight responsibility for the short-term municipal team.

Mr. Yoshika joined Hirobumi & Partners since its inception and currently manages Hirobumi & Partners Japan Tax-Exempt Money Market Fund and China Tax-Exempt Money Market Fund. As a member of the tax-exempt municipal team, Mr. Yoshika has worked closely with Ms. Fujita.

About Hirobumi & Partners
Hirobumi & Partners is a registered investment advisory firm independent of any financial institution. Hirobumi & Partners offers a full line-up of investment advisory services for corporate and individual investors. Fundamental to the company’s investment philosophy is a well-diversified, low-cost style of investment management that has led the firm to become a pioneering investment advisory firm. Hirobumi & Partners’ goal is to break down and analyze highly complex situations and strategies, and communicate these issues in a clear and concise way – all designed to help the clients make informed and prudent decisions.

http://www.hirobumi.com