Bright Rock Quality Large Cap Fund Institutional Class Receives Overall Five-Star Morningstar Rating

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For Immediate Release


(May 12, 2014) - Bright Rock Capital Management LLC, a wholly owned subsidiary of Rockland Trust, announced today that its flagship Bright Rock Quality Large Cap Fund (BQLCX) has achieved the renowned five-star rating from Morningstar for its Institutional Class shares, the highest rating on the scale. Bright Rock Quality Large Cap Fund received 5 stars for the three-year period ended April 30, 2014 among 1,350 funds in the U.S. Open End Large Blend category, derived from a weighted average of the funds 3, 5, and 10 year risk-adjusted return measure, if applicable.

"We are very pleased to see the Bright Rock Quality Large Cap Fund achieve this milestone," said David B. Smith, CFA and Chief Investment Officer at Rockland Trust. "This rating illustrates Bright Rock Capital's commitment to providing value for investors through our philosophy that strong companies are the foundation of a solid portfolio."

The Bright Rock Quality Large Cap Fund (the "Fund") seeks long-term capital appreciation by investing its net assets primarily in common stocks and equity securities of companies with large-sized market capitalizations ("large-cap companies".) The Fund defines large-cap companies as those with market capitalizations within the range of companies in the Russell 1000® Index at the time of investment. As of May 31, 2013, the market capitalization range of companies in the Russell 1000® Index was between $440 million and $421 billion. The Fund currently holds more than $160 million assets under management (AUM) (as of 5/5/14.)

About Bright Rock Capital Management, LLC

Bright Rock Capital Management, LLC is a wholly-owned subsidiary of Rockland Trust. The firm's sole focus is providing institutional quality investment management services to institutional and high-net worth clients. Bright Rock is a registered investment advisor.

About Rockland Trust

Independent Bank Corp. has approximately $6.2 billion in assets and is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust offers a wide range of banking, investment, and insurance services to businesses and individuals through retail branches, commercial lending offices, investment management offices, and residential lending centers located in Eastern Massachusetts and Rhode Island, as well as through telephone banking, mobile banking, and the Internet. Rockland Trust, which has been named as one of America's "Best Banks" by Forbes for three consecutive years, is an FDIC Member and an Equal Housing Lender. To find out why Rockland Trust is the bank "Where Each Relationship Matters ®", please visit

Past performance is not guarantee of future results.

Source Morningstar: Funds are ranked within their categories according to their risk-adjusted return (after accounting for all sales charges and expenses), and stars are assigned such that the distribution reflects a classic bell-shaped curve with the largest section in the center. The 10% of funds in each category with the highest risk-adjusted return receive five stars, the next 22.5% receive four stars, the middle 35% receive three stars, the next 22.5% receive two stars, and the bottom 10% receive one star.

Morningstar Rating is for the Institutional share class only; other classes may have different performance characteristics.

The Fund's investment objectives, risks, charges, expenses and other information are described in the prospectus, which must be read and considered carefully before investing. You may download the Statutory Prospectus at and Summary Prospectus at, or obtain a hard copy by calling 1.866.273.7223.

Mutual fund investing involves risk. Principal loss is possible. Investments in mid cap companies can involve additional risks such as limited liquidity and greater volatility. Investments in foreign securities can exhibit greater volatility and additional risks include political, economic, and currency risks as well as differences in accounting methods. These risks can be greater for investments in emerging markets. ETF investments involve additional risks such as the market price trading at a discount to its net asset value, an active secondary trading market may not develop or be maintained or trading may be halted by the exchange in which they trade, which may impact the fund's ability to sell its shares. Derivatives, such as options and futures, involve risks different, and in certain cases, greater than the risks presented by more traditional investments. Short selling of securities may result in the Fund's investment performance suffering if it is requires to close out a short position earlier than it had intended. Growth stocks may be more sensitive to changes in current or expected earnings than the prices of other stocks. Value stocks may perform differently from the market as a whole and may continue to be undervalued by the market for long periods of time.

The Russell 1000 Index is a stock market index that represents the highest ranking 1000 stocks in the Russell 3000 Index, which represents about 90% of the total market capitalization of that index.

© 2014 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

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