Betting on Yahoo Beyond the Alibaba trade
By Steve Schaefer
The views expressed in the article are those of the author and participants as of February 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 12/31/2014: By Ticker Symbol; YHOO 4.5%, BABA -2.4%, 4689-JP -0.4%.
Through 12/31/2014, the Appleseed Fund (APPLX) generated a one year return of -1.68%, a three year annualized return of 9.88%, a five year annualized return of 6.28% and an annualized return of 7.19% 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%.
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.
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The Appleseed Fund is distributed by Unified Financial Securities, 2960 N. Meridian St., Suite 300, Indianapolis, Indiana 46208-4715. (Member FINRA).