The power of professional commitment
To continue to provide high quality investment products for our customers, Commerce Bank initiated the development of proprietary mutual funds in late 1993. The Commerce Funds became effective on 12-12-1994 with approximately $251 million in assets. At that time there were six funds, Growth, Aggressive Growth, Balanced, Bond, Short-Term Government and International Equity. In February of 1995, the National and Missouri Tax-Free Funds were added.
Over the next 10 years the Funds grew to total assets of approximately $1.9 Billion and the fund family saw the addition of four new funds, Value, Asset Allocation, Core Equity and Kansas Tax Free. The Aggressive Growth Fund's name was changed to the MidCap Growth Fund and the Balanced Fund was closed.
We currently offer
a family of eight mutual funds
with more than $1 billion in assets under management
covering a range of investment objectives, from current income and capital preservation to aggressive growth.
In always trying to focus on what was in the best interests of our shareholders, Commerce Investment Advisors, Inc. (the investment adviser for the Commerce Funds) has avoided the many problems that have plagued the investment industry. As an example, as early as 2002, we were working on trying to prevent the market timing of our Funds, long before this became an issue in the industry.
The customer service focus we had then is repeated today as we constantly look for ways to improve our product. Shareholder satisfaction continues to be our primary goal.
The Commerce Funds are distributed by Goldman, Sachs & Co.