Investment Strategy
The Aston/Montag & Caldwell Growth Fund invests in high-quality growth companies that are growing near-term earnings faster than the market and trading at a discount to their intrinsic value.
Objective
The fund seeks long-term capital appreciation and, secondarily, current income, by investing primarily in common stocks and convertible securities.
Note: Growth stocks are generally more sensitive to market moves and thus may be more volatile than other stocks.
| Fund Overview |
| Inception Date |
11/2/1994 |
| Ticker |
MCGFX |
| Cusip |
00078H299 |
| Load |
None |
| Fund Statistics (as of
12/31/2009) |
|
|
$2,720,862,677.75 |
| Expense Ratio |
1.08% |
| Turnover |
35% |
| Minimum Investment |
$2,500 |
| Alpha (3 yr.) |
3.72 |
| Beta (3 yr.) |
0.93 |
| R-Squared (3 yr.) |
0.94 |
| Standard Dev (3 yr.) |
18.97 |
| Sharpe Ratio (3 yr.) |
0.02 |
| Weighted Average P/E |
19.86 |
| Weighted Average P/B |
4.43 |
| Median Market Capitalization (in millions) |
$51,553.00 |
|
|
| Sector Breakdown (as of
1/31/2010) |
| Information Technology |
25.53% |
| Consumer Staples |
20.94% |
| Health Care |
17.60% |
| Consumer Discretionary |
11.44% |
| Energy |
8.65% |
| Industrials |
6.30% |
| Financials |
6.01% |
| Cash Equivalents & Other |
1.79% |
| Materials |
1.73% |
| Telecommunication Services |
0.00% |
| Utilities |
0.00% |
*Total Net Assets include N, I and R Classes
Past performance does not guarantee future results. Investment return and principal value of mutual funds will vary with market conditions, so that shares, when redeemed, may be worth more or less than their original cost.
Expense Ratio. A fund's cost of doing business, expressed as a percentage of its assets and disclosed in a prospectus.
Turnover. The number of shares traded for a period as a percentage of the total shares in a portfolio or of an exchange.
Alpha. Measures the difference between a fund’s actual returns and its expected performance, given its level of risk.
Beta. The measure of risk which shows a fund’s volatility relative to an index.
R-Squared. The percentage of a fund’s movement that can be explained by movements in its benchmark index.
Standard Deviation. A statistical measure of the historical volatility of a mutual fund or portfolio, usually computed using 36 monthly returns. More generally, a measure of the extent to which numbers are spread around their average.
Sharpe Ratio. A risk-adjusted measure used to determine reward per unit of risk.