|
||||||||
For Terms and Definitions, please click here.
Opinions expressed are subject to change, are not guaranteed and should not be considered investment advice.
Diversification does not assure a profit nor protect against loss in a declining market.
As of December 31, 2011 the standardized performance for the S&P 500 Index is as follows: 1-Year 2.11%, 5-Year -0.25% and 10-Year 2.92%. The S&P 500 Index is an unmanaged index commonly used to measure the performance of U.S. stocks. You cannot directly invest in an index.
The Earnings Growth Rate is not a forecast of the fund’s future performance. Earnings growth for a Fund holding does not guarantee a corresponding increase in the market value of the holding or the Fund.
Performance data quoted 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 calendar quarter-end and month-end may be obtained by clicking the links.
2011 Commentaries
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
2010 Commentaries
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
2009 Commentaries
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
Small-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. Mutual fund investing involves risk. Principal loss is possible.
For Fund holdings information, please refer to the Fund Calendar Quarter Holdings section of this website. Securities and sectors mentioned are not recommendations to buy or sell any security and are subject to change at anytime.
Current and future portfolio holdings are subject to risk.