5 Value Stocks from a Go-Anywhere Investor
By Teresa Rivas
The views expressed in the article are those of the author and participants as of July 2015 and are subject to change based on market conditions and other factors. These views should not be construed as a recommendation for any specific security. Information provided with respect to the Fund’s Portfolio Holdings, Sector Weightings, Number of Holdings, Performance and Expense Ratios are as of the dates described in the article and are subject to change at any time.
The following represents the percentile of holdings mentioned in the article as of 06/30/2015: By Ticker Symbol; YHOO 4.14%, BABA -3.44%, 4689-JP -0.53%, OAK – 3.99%, 005930-KR (Samsung) – 4.23%, SKM – 1.93%, EQC – 3.40%, ADDY – 3.80%, NKE – 0.00%.
Through 06/30/2015, the Appleseed Fund (APPLX) generated a one year return of -4.65%, a three year annualized return of 9.16%, a five year annualized return of 7.90% and an annualized return of 7.03% since the Fund’s inception on 12/08/06.
Appleseed Fund has contractually agreed to limit the net expense rate to 1.20% of net assets of Investor shares and 0.95% of net assets of Institutional shares, exclusive of acquired fund fees, through January 31, 2016. The gross expense ratio of the Fund is 1.43%, and the net expense ratio after contractual fee waivers is 1.30%. The advisor has contracted with the Fund to waive fees to maintain a 1.20% expense ratio (excluding indirect expenses) through January 31, 2016. The Fund’s ninety day redemption fee is 2.00%.
As of 6/30/15, APPLX has an overall rating of four stars.
For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ (based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance, including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (each share class is counted as a fraction of one fund within this scale and rated separately, which may case slight variations in the distribution percentages) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. The Appleseed Fund had the following ratings: 3 stars out of 344 funds for the five year period and 4 stars out of 465 funds for the three-year period for World Allocation Funds.
Performance data quoted above represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month is available by calling us toll free at 1-800-470-1029.
You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses of the Fund before investing. The Fund’s prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund’s prospectus by calling 1-800-470-1029.
The Appleseed Fund is distributed by Unified Financial Securities, 2960 N. Meridian St., Suite 300, Indianapolis, Indiana 46208-4715. (Member FINRA).