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Cardinal Capitalís International Portfolio Awarded Top Ranking in Emerging Manager Awards

RALEIGH, NC Ė Emerging Manager Monthly, in association with eVestment Alliance, awarded Cardinal Capital Managementís Non-U.S. equity portfolio composite 4th overall in the International Equities category for full-year 2008 performance results. Nominees in seven categories were ranked based on the following criterion: excess returns, performance versus peers, asset growth, asset percentage growth and standard deviation.

“This is an important achievement for our non-US equity portfolio to be recognized by a highly regarded institution with such esteem in the investment management industry,” said Glenn Andrews, President of Cardinal Capital Management. “We are honored to be included among the finest investment managers. It further validates our valuation-oriented and disciplined investment style exercised in both our non-US and US equity portfolios.  Our goal for both of these products is to exceed the return of the benchmarked market index, net of fees, while significantly reducing risk. We have managed to succeed in this goal over the fifteen years in the US equity product and since it’s inception for the non-US product.”

Emerging Manager Monthly is the newest product from Financial Investment News and the newsletter for emerging managers and those involved in this unique and exciting sector of the asset management industry and it is the first and only newsletter focusing on the emerging manager sector. Financial Investment News is the premier source for asset management news and money manager searches.

Cardinal Capital Management is an independent, fee-based, SEC-registered investment advisor located in Raleigh, North Carolina. Our clients include successful professionals, business executives, small business owners, retirees, and other individuals who value our high level of experience, expertise, attention to detail and personal service. Our studied and individualized approach to value-based investing is designed to offer excellent returns in a changing market.

"Please remember that different types of investments involve varying degrees of risk, and that past performance may not be indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended or undertaken by Cardinal Capital Management) will be profitable. A copy of our current written disclosure statement discussing our advisory services and fees is available for your review upon request."