The Hodges Fund (HDPMX) recent returns have outperformed the S&P 500 and Eric Marshall shares some stock picks that have helped recent performance.Read source Article
Performance data quoted represents past performance and 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 month end may be obtained by calling 1-866-811-0224. The fund imposes a 1.00% redemption fee on shares held less than 30 days. Performance data does not reflect the redemption fee. If reflected, total returns would be reduced.
Click here for the Hodges Fund performance for the most recent quarter- and calendar year-end.
Mutual fund investing involves risk. Principal loss is possible. The Funds may invest in small- and medium-capitalization companies, which involve additional risks such as limited liquidity and greater volatility. Investments in foreign securities and emerging markets involve greater volatility and political, economic and currency risks and differences in accounting methods. The use of options and future contracts have special risks such as unlimited losses of the underlying holdings due to unanticipated market movements and failure to correctly predict the direction of securities prices, interest rates and currency exchange rates. Funds that make short sales of securities involve the risk that losses may exceed the original amount invested. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Funds that are non-diversified are more exposed to individual stock volatility than a diversified fund. Investments in companies that demonstrate special situations or turnarounds, meaning companies that have experienced significant business problems but are believed to have favorable prospects for recovery, involve greater risk. While the Hodges Funds are no-load, management and other expenses still apply. Please refer to the prospectus for more information.
Earnings growth is not a measure of the Fund’s future performance.
The HDPMX Fund returned 26.65% for the period 12/31/2015 through 8/24/2016 and 25.35% from 12/31/2015 through 8/30/2016.
For the periods ended 12/31/16, the Morningstar Mid Cap Growth Category return was 5.19% for 1 year, 4/23% for 3 year and 11.81% for 5 year.
S&P 500 Index Performance as of 12/31/16: 1 year: 11.96%, 3 year: 8.87%, 5 year: 14.66%, Since Inception (12/18/07): 9.51%.
Vanguard 500 Index Fund (VFINX) Performance as of 9/30/16: 1 year: 15.27%, 3 year: 11.00% 5 year: 16.20%, Since Inception (12/18/07): 6.58%. The Vanguard 500 Index Fund seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks.
Click here for the most recent Hodges Fund holdings.
Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.
Diversification does not assure a profit, nor does it protect against a loss in a declining market.
The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as a representative of the equity market in general.
The Dow Jones Industrial Average is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange and the Nasdaq.
The Nasdaq is a computerized system that facilitates trading and provides price quotations on more than 5,000 of the more actively traded over the counter stocks. Created in 1971, the Nasdaq was the world's first electronic stock market.
One cannot invest directly in an index.
Definitions of Terms:
Consumer Cyclicals: A category of stocks that rely heavily on the business cycle and economic conditions. Consumer cyclicals include industries such as automotive, housing, entertainment and retail. The category can be further divided into durable and non-durable sections. Durable cyclicals include physical goods such as hardware or vehicles, while non-durables represent items like movies or hotel services.
Earnings Per Share (EPS): the portion of a company’s profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company’s profitability.