|Annualized Returns – as of 12/31/2017|
|1 Year||3 Years||5 Years||10 Years||Since Inception|
|Investor Class (APPLX)||17.42%||5.47%||6.55%||7.63%||6.71%|
|Institutional Class (APPIX)||17.57%||5.68%||6.78%||7.79%||6.86%|
|MSCI World Index||22.40%||9.26%||11.64%||5.03%||5.39%|
The funds past performance does not guarantee future results. Italics indicate extended performance, as APPIX did not exist until 1/31/11. APPIX extended performance is an estimate based on the performance of APPLX, adjusted for the difference in fees. The investment return and principal value of an investment in the Fund 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 end may be obtained by calling 1-800-470-1029.
|Investor Class (APPLX)||-2.02%||-18.05%||59.98%||4.92%||13.31%||19.09%||-1.68%||-9.12%||9.94%||17.42%|
|Institutional Class (APPIX)||-2.02%||-18.05%||59.98%||4.92%||13.57%||19.41%||-1.51%||-8.87%||10.16%||17.57%|
|MSCI World Index||9.04%||-40.71%||29.99%||11.76%||15.83%||26.68%||4.94%||-0.87%||7.51%||22.40%|
The Morningstar Rating for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product 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. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
Appleseed Fund star rating of 4 stars depicted in the graphic is the funds overall star rating based on risk adjusted returns as of 12/31/2017 out of 372 funds in the World Allocation category.
As of 12/31/17
3 year, 3 stars out of 372 funds
5 year, 3 stars out of 328 funds
10 year, 5 stars out of 149 funds
The gross expense ratio of the Fund’s investor class is 1.48%, and the institutional class is 1.23%; the net expense ratio after contractual fee waivers through January 31, 2018 is 1.25% and 1.06%. The Fund’s ninety day redemption fee is 2.00%. The Fund’s past performance does not guarantee future results. The investment return and principal value of an investment in the Fund 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 end may be obtained by calling 1-800-470-1029.
The Fund is managed by Pekin Singer Strauss Asset Management, an SEC registered investment firm dedicated to value investing. For more information, visit www.appleseedfund.com.
The Appleseed Fund is distributed by Unified Financial Securities, LLC. (Member FINRA)
© Appleseed Fund 2006 – 2017 |