Eric M. Kobren
President and Portfolio Manager

Eric has more than 25 years experience in the investment field. He graduated cum laude from Bernard Baruch College (CUNY) in 1974. After receiving his MBA from Columbia University in January, 1976, he worked in professional staff positions with Merrill Lynch and E.F. Hutton in New York. In 1982, Eric joined Delphi Management, a highly regarded institutional money management firm in Boston, as Vice President, Research and Trading. In 1983, he was named Group Marketing Director at Fidelity Investments.

In 1985, Eric founded the Mutual Fund Investors Association, Inc. (MFIA) and began publishing Fidelity Insight a monthly investment report covering the Fidelity family of mutual funds. Today, MFIA provides independent information, analysis and advice to mutual fund investors through both Fidelity Insight and FundsNet Insight, an additional monthly report covering the funds available through the fund networks of Charles Schwab, Fidelity and TD Waterhouse, that Eric began in 1994.

In 1987 he established a private money management service, Kobren Insight Management (KIM), which manages money for wealthy individuals and institutions through mutual funds, variable annuities, and individual bonds. Kobren Insight Management also serves as the investment subadvisor to the E*TRADE Kobren Growth Fund that he launched in December of 1996.

In 2001, Eric launched Alumni Partners, a hedge fund of hedge funds that focuses exclusively on hedge funds run by former analysts or fund managers from Fidelity Investments.

In addition to his role as President and Chief Investment Officer for Kobren Insight Management, Eric is also executive editor of Fidelity Insight and FundsNet Insight and is President and Portfolio Manager of Alumni Partners. Eric has been widely quoted in The Wall Street Journal, The Boston Globe, The New York Times, and USA Today. In addition, he has been a frequent participant in Barron's annual Mutual Fund Roundtable and has appeared on a variety of nationally televised programs.

Eric is a Trustee of Children's Hospital, Boston, a member of their investment committee, and Founder of the Boston Children's Heart Philanthropic Committee.

John Russel (Rusty) Vanneman
Managing Director and Co-Portfolio Manager

Managing Director, Director of Research and Co-Portfolio Manager for Kobren Insight Management and E*TRADE Kobren Growth Fund. Rusty has been in the investment business since 1990. Before joining KIM in 2001, Rusty was a Senior Analyst at Fidelity Management and Research Company’s Strategic Advisors. Previously, Rusty was a Managing Analyst for Thomson Financial’s Thomson Global Markets.

Rusty received a B.S. in management from Babson College in 1988, where he graduated with High Distinction. Rusty holds the Chartered Financial Analyst designation and is a member of the CFA Institute.

In November of 2005, Kobren Insight Management, the Kobren Insight Funds became part of E*TRADE Securities LLC. MFIA and Alumni Partners are separate companies not affiliated with E*TRADE Securities LLC.