Address And Details

30 Hudson Street , Jersey City, NJ 07302
Fund Manager Francis J. Ok
Manager Tenure 24 Years 10 Months

Strategy And Objective

The Fund seeks investment results that correspond to the total return performance (reflecting reinvestment of dividends) of common stocks in the aggregate, as represented by the S&P 500 Index. The Fund normally invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in stocks as represented in the Standard & Poor's 500 Index ("S&P 500 Index) in the same proportion, to the extent feasible. The Fund may invest up to 20% of its total assets in options and futures contracts to maintain cash reserves, while being fully invested, to facilitate trading or to reduce transaction costs. The Fund may invest in such derivatives to try to enhance returns or reduce the risk of loss by hedging certain of its holdings. MacKay Shields LLC, the Fund's Subadvisor, uses statistical techniques to determine which stocks are to be purchased or sold to replicate the S&P 500 Index to the extent feasible. From time to time, adjustments may be made in the Fund's holdings because of changes in the composition of the S&P 500 Index. The correlation between the investment performance of the Fund and the S&P 500 Index is expected Tobe at least 0.95, before charges, fees and expenses, on an annual basis. A correlation of 1.00 would indicate perfect correlation, which would be achieved when the net asset value of the Fund, including the value of its dividend and capital gains distributions, increases or decreases in exact proportion to changes in the S&P 500 Index.

Net Asset Value

as of 6:07 PM ET 09/17/2021

Performance

  • 1 Week
  • -0.54%
  • 1 Month
  • -0.22%
  • 3 Months
  • +5.30%
  • 1 Yr Return
  • +22.55%
  • 5 Yr Return
  • +21.28%

Equity Sector Breakdown

Technology 31.71%
Finance 16.04%
RetailTrade 12.14%
NonDurables 9.53%
IndustrialCyclical 8.00%
Health 7.14%
Services 3.26%
Utilities 2.84%
Energy 2.34%
ConsumerDurables 1.85%

Asset Allocation

Asset Type % Of Allocation
Stocks 97.26%
ForeignStocks 2.12%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 512.78 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.20 -0.23 -0.22
Beta 1.00 1.00 1.00
R Squared 1.00 1.00 0.99
Std Deviation 18.52 14.99 13.40
Sharpe Ratio 1.00 1.18 n/a

Purchase Information

as of 6:14 PM ET 09/16/2021
Minimum Initial $1000000
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +30.81%
  • +40.41%
+30.81% +40.41%
3 Year
  • +17.81%
  • +18.40%
+17.81% +18.40%
10 Year
  • +16.00%
  • +14.50%
+16.00% +14.50%
Life Of Fund
  • +10.85%
  • +10.72%
+10.85% +10.72%

Top 10 Holdings

Symbol Company Name % Of Assets
AAPL APPLE INC 5.70%
MSFT MICROSOFT CORP 5.23%
AMZN AMAZON COM INC 4.08%
FB FACEBOOK INC 2.15%
GOOGL ALPHABET INC CLASS A 1.95%
GOOG ALPHABET INC CLASS C 1.91%
TSLA TESLA INC 1.50%
BRK.B BERKSHIRE HATHAWAY INC CL B 1.44%
JPM JPMORGAN CHASE & CO 1.29%
JNJ JOHNSON & JOHNSON 1.18%

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