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Address And Details

401 Theodore Fremd Avenue, One Corporate Cent , Rye, NY 10580
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Equity Fund seeks to provide capital appreciation. The Equity Funds secondary goal is to produce current income. Under normal market conditions, the Equity Fund invests at least 80% of its net assets (which includes, for purposes of this test, the amount of any borrowings for investment purposes) in common stocks and securities which may be converted into common stocks. The Equity Fund invests in a portfolio of seasoned companies. Seasoned companies generally have market capitalizations of $1 billion or more and have been operating for at least three years. In selecting securities, Westwood Management Corp., the Equity Funds sub-adviser (the Westwood Sub-Adviser), maintains a list of securities of issuers which it believes have proven records and potential for above-average earnings growth. It considers purchasing a security on such list if the Westwood Sub-Advisers forecast for growth rates and earnings exceeds Wall Street expectations. The Westwood Sub-Adviser closely monitors the issuers and will sell a stock if the Westwood Sub-Adviser expects limited future price appreciation, there is a fundamental change that negatively impacts their growth assumptions, and/or the price of the stock declines 15% in the first forty-five days held. The Equity Funds risk characteristics, such as beta (a measure of volatility), are generally expected to be less than those of the Standard & Poors 500 Index (the S&P 500 Index), the Equity Funds benchmark. The Equity Fund may also invest up to 25% of its total assets in foreign equity securities and in European Depositary Receipts (EDRs) or American Depositary Receipts (ADRs), including in those companies located in emerging markets. The Equity Fund may also invest in foreign debt securities.

Net Asset Value

as of 5:50 PM ET 11/30/2021

Performance

  • 1 Week
  • -19.12%
  • 1 Month
  • -18.61%
  • 3 Months
  • -16.20%
  • 1 Yr Return
  • +0.61%
  • 5 Yr Return
  • -3.90%

Equity Sector Breakdown

Finance 27.10%
Technology 20.40%
RetailTrade 11.44%
Health 10.89%
Energy 7.29%
Utilities 5.99%
ConsumerDurables 4.92%
IndustrialCyclical 4.65%
NonDurables 4.09%
Services n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 98.38%
ForeignStocks 2.57%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 49.46 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -5.68 -3.67 -2.54
Beta 0.94 0.93 0.94
R Squared 0.93 0.92 0.92
Std Deviation 17.96 14.94 12.76
Sharpe Ratio 0.78 0.89 n/a

Purchase Information

as of 5:41 PM ET 11/29/2021
Minimum Initial $1000
Minimum Additional $0
Minimum Initial IRA $250

Performance

Timeframe Average Annual Current Performance Monthly As Of 10/31/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 10/31/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +37.37%
  • +26.99%
+37.37% +26.99%
3 Year
  • +13.26%
  • +8.74%
+13.26% +8.74%
10 Year
  • +12.25%
  • +12.94%
+12.25% +12.94%
Life Of Fund
  • +10.21%
  • +10.03%
+10.21% +10.03%

Top 10 Holdings

Symbol Company Name % Of Assets
CVS CVS HEALTH CORP 3.31%
ETN EATON CORP PLC 3.08%
WMT WALMART INC 3.03%
BDX BECTON DICKINSON & COMPANY 3.02%
CSCO CISCO SYSTEMS INC 2.97%
SCHW CHARLES SCHWAB CORP 2.91%
UNH UNITEDHEALTH GROUP INC 2.60%
GS GOLDMAN SACHS GROUP INC 2.59%
MIDD MIDDLEBY CORP 2.59%
MDT MEDTRONIC PLC 2.57%

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