Investment Strategy
The Aston/River Road Dividend All Cap Value Fund invests in a diversified, multi-cap portfolio of income producing equity securities with yields that management believes will exceed the Russell 3000 Value Index.
Objective
The Fund seeks to provide high current income and, secondarily, long-term capital appreciation.
Note: Mid-cap stocks are considered riskier than large-cap stocks due to greater potential volatility and less liquidity.
| Fund Overview |
| Inception Date |
6/28/2007 |
| Ticker |
ARIDX |
| Cusip |
00080Y876 |
| Load |
None |
| Fund Statistics (as of
6/30/2008) |
|
|
$56,527,053.50 |
| Expense Ratio |
1.11% |
| Turnover |
88% |
| Weighted Average P/E |
12.40 |
| Weighted Average P/B |
1.75 |
| Median Market Capitalization (in millions) |
$3,940.00 |
|
|
| Sector Breakdown (as of
8/31/2008) |
| Financials |
23.86% |
| Energy |
19.66% |
| Consumer Staples |
10.59% |
| Consumer Discretionary |
10.56% |
| Ultilities |
7.39% |
| Cash Equivalents & Other |
7.29% |
| Industrials |
6.35% |
| Information Technology |
5.12% |
| Materials |
4.71% |
| Telecommunication Services |
2.48% |
| Health Care |
2.00% |
| Utilities |
0.00% |
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.