Bringing you live news and features since 2006 

Information

Stewart Capital mid cap fund now available no-load

RELATED TOPICS​

The Stewart Capital Mid Cap Fund (Ticker: SCMFX) is available for direct purchase to the public as a no-load mutual fund available through most mutual fund supermarket platforms.

"Financial advisors have changed their business models to emphasise fee-based business, and analysis of the business that has come to the Fund via financial advisors validates this trend," says Malcolm Polley, president and chief investment officer, Stewart Capital Advisors.  "After careful consideration and analysis, we have decided to make the mutual fund available as a no-load fund, making the investment process less cumbersome for financial advisors participating in this trend and removing barriers for those investors who choose to manage their own investments."

The Fund is available through the following distribution channels: CommonWealth PPS, CommonWealth Universe, DailyAccess Corporation FRIAG, DailyAccess Corporation Mid-Atlantic, Fidelity Institutional FundsNetwork, Fidelity Retail FundsNetwork, Pershing FundCenter, Pershing FundVest NTF, Schwab Institutional, Schwab Institutional Load Waived, Schwab Institutional NTF, Schwab Institutional Only, Schwab RPS All, Schwab RPS SDE, and Scottrade NTF.

The Stewart Capital Mid Cap Fund received a 5-star Overall Morningstar Rating as of 31 December , 2011. The 5-star rating is the highest rating that Morningstar issues and is based on risk-adjusted performance. The Fund was rated 5 stars among 378 mid-cap blend funds for the overall period; 5 stars among 378 mid-cap blend funds for the three-year period; and 5 stars among 312 mid-cap blend funds for the five-year period ended December 31, 2011. In addition, the Fund received a Morningstar Return rating of High and a Morningstar Risk rating of Below Average.

The Stewart Capital Mid Cap Fund seeks long-term capital appreciation by investing primarily in equity securities of a relatively small number of intensively researched US companies the adviser believes sell at a discount to their true business worth or intrinsic value.

The Fund invests primarily in undervalued mid-cap stocks and therefore is subject to the possibility that value stocks or mid-cap stocks may temporarily fall out of favour or perform poorly relative to other types of investments. While stocks of mid-cap companies may be slightly less volatile than those of small-cap companies, they still involve substantial risk. Because the Fund invests in a relatively limited number of securities, it may present greater risk than a more broadly diversified portfolio.
 

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by