greenieS
Verified member
Class A Mutual Financial Services Fund
Class A for mutual financial services funds is supported by Franklin Templeton Investments, a leader in mutual fund investments for institutional investors and individual investors. The fund was established in 1997 and has been managed by Andrew Sleeman since December 2009. TFSIX seeks to generate a total return by appreciating capital, with a secondary focus on current income, investing a minimum of 80% of the fund's assets in corporate securities. financial services. . Sleeman and the investment management team are concentrating the fund's assets of $ 605.84 million on companies that believe they have a value inclination based on their intrinsic value.
TFSIX generated a ten-year annual return of 3.89% for investors. It has an expense ratio of 1.44%, which is slightly below the category average of 1.52%. Investors pay a pre-sale charge of 5.75% for any purchase of the fund and a minimum of $ 1,000 is required for an initial investment. TFSIX's top holdings include American International Group at 3.49%; CIT Group, Inc. at 3.29%; XL Group PLC at 2.95%; Wells Fargo & Company at 2, 22%; and MetLife, Inc. at 2, 20%.
Schwab Financial Services Fund
The Schwab Financial Services Fund is provided to investors through Charles Schwab Mutual Funds and was established in 2000. Wei Li is the fund's portfolio manager and has held the position since June 2013. The Schwab Financial Services Fund seeks to generate long-term capital growth by investing. most of its assets of $ 77.52 million in securities of companies operating in asset management; brokerage operations; commercial banks; financial services companies; insurance companies; real estate investment trusts or REITs, companies; and savings and loan associations.
Since its inception, SWFFX has generated an annual 10-year return of 3.32%, with an expense ratio of 0.90%. It does not impose an advance or deferred sales tax on investors, but requires a minimum initial investment of $ 100 for qualified and unqualified accounts. Top investments include JPMorgan Chase & Co. at 6.00%; Wells Fargo & Company 5, 99%; Berkshire Hathaway, Inc. at 5.48%; Corporation of America Corporation at 5.32%; and Citigroup Inc. at 5, 27%.
Emerald bank fund and class A finance
Emerald Banking and Finance Class A is made available to investors through the Emerald Investment Group and has been established since 1997. Steven E. Russell has been the fund's administrator since March 2012. HSSAX provides investors with access to the equity market. financial services companies investing a minimum of 80% of its assets of USD 218,58 million in common and preferred stocks of companies engaged in banking or financial services. The investment objective of the fund is the long-term growth through capital appreciation, the current income being as a secondary objective.
Since its inception, HSSAX has offered investors an annual return of 10.45%, with an expense ratio of 1.60%. It charges an advanced sales charge of 4.75% on new investments, but does not impose a deferred sales tax on the redemption of shares. Investors are required to invest at least $ 2,000 for unskilled accounts. In September 2015, among the top holdings were Bank of Ozarks at 3.42%; Tree.com, Inc. at 2.98%; Republic of California at 2.89%; PacWest Bancorp at 2.69%; and FCB Financial Holdings, Inc. at 2.62%.
T. Rowe Financial Services Fund
The T. Rowe Price Financial Services Fund was established in 1996 and is managed by Gabriel Solomon. It aims to generate a long-term capital increase and a modest level of income by investing a minimum of 80% of the fund's assets of $ 652.61 million in common shares of companies operating in the financial services sector. The fund manager has the ability to invest in companies that provide financial software or in those that earn at least 50% of the revenue from operating in the financial services industry. Companies included in PRISX are subjected to a bottom-up analysis to assess the potential for capital appreciation over time.
Since its inception, PRISX has generated an annual return of 10, 56%, with an expense ratio of 0, 87%. No advance or deferred sales tax is assessed for investors, but a minimum of $ 2,500 is required as an initial investment in unqualified accounts. Top investments include JPMorgan Chase & Co. at 4.84%; Citigroup, Inc. at 4.77%; Corporation of America Corporation at 4.11%; State Street Corporation at 3, 21%; and First Niagara Financial Group at 3.02%.
Selected bank portfolio Loyalty
The selected portfolio fund Fidelity Select is managed by John Sheehy and was established in 1986. It aims to provide investors with capital appreciation by investing in common shares of companies operating in the banking industry. Sheehy and the investment management team invest at least 80% of the fund's assets of $ 670.92 million in domestic and foreign issuers of banking organizations, each of which follows a fundamental analysis to determine the financial stability and position of the industry.
FSRBX generated a 10-year annual return of 2, 03%, with an expense ratio of 0, 79%. Investors do not charge an upfront or deferred sales tax for the purchase or redemption of shares, but an initial investment of $ 2,500 is required for unqualified accounts and qualified accounts. The top holdings include Wells Fargo & Company at 10.49%; US Bancorp at 7, 15%; Bank of America Corporation at 5.79%; JPMorgan Chase & Co. at 4.92%; and Citigroup, Inc. at 4.90%.
Class A for mutual financial services funds is supported by Franklin Templeton Investments, a leader in mutual fund investments for institutional investors and individual investors. The fund was established in 1997 and has been managed by Andrew Sleeman since December 2009. TFSIX seeks to generate a total return by appreciating capital, with a secondary focus on current income, investing a minimum of 80% of the fund's assets in corporate securities. financial services. . Sleeman and the investment management team are concentrating the fund's assets of $ 605.84 million on companies that believe they have a value inclination based on their intrinsic value.
TFSIX generated a ten-year annual return of 3.89% for investors. It has an expense ratio of 1.44%, which is slightly below the category average of 1.52%. Investors pay a pre-sale charge of 5.75% for any purchase of the fund and a minimum of $ 1,000 is required for an initial investment. TFSIX's top holdings include American International Group at 3.49%; CIT Group, Inc. at 3.29%; XL Group PLC at 2.95%; Wells Fargo & Company at 2, 22%; and MetLife, Inc. at 2, 20%.
Schwab Financial Services Fund
The Schwab Financial Services Fund is provided to investors through Charles Schwab Mutual Funds and was established in 2000. Wei Li is the fund's portfolio manager and has held the position since June 2013. The Schwab Financial Services Fund seeks to generate long-term capital growth by investing. most of its assets of $ 77.52 million in securities of companies operating in asset management; brokerage operations; commercial banks; financial services companies; insurance companies; real estate investment trusts or REITs, companies; and savings and loan associations.
Since its inception, SWFFX has generated an annual 10-year return of 3.32%, with an expense ratio of 0.90%. It does not impose an advance or deferred sales tax on investors, but requires a minimum initial investment of $ 100 for qualified and unqualified accounts. Top investments include JPMorgan Chase & Co. at 6.00%; Wells Fargo & Company 5, 99%; Berkshire Hathaway, Inc. at 5.48%; Corporation of America Corporation at 5.32%; and Citigroup Inc. at 5, 27%.
Emerald bank fund and class A finance
Emerald Banking and Finance Class A is made available to investors through the Emerald Investment Group and has been established since 1997. Steven E. Russell has been the fund's administrator since March 2012. HSSAX provides investors with access to the equity market. financial services companies investing a minimum of 80% of its assets of USD 218,58 million in common and preferred stocks of companies engaged in banking or financial services. The investment objective of the fund is the long-term growth through capital appreciation, the current income being as a secondary objective.
Since its inception, HSSAX has offered investors an annual return of 10.45%, with an expense ratio of 1.60%. It charges an advanced sales charge of 4.75% on new investments, but does not impose a deferred sales tax on the redemption of shares. Investors are required to invest at least $ 2,000 for unskilled accounts. In September 2015, among the top holdings were Bank of Ozarks at 3.42%; Tree.com, Inc. at 2.98%; Republic of California at 2.89%; PacWest Bancorp at 2.69%; and FCB Financial Holdings, Inc. at 2.62%.
T. Rowe Financial Services Fund
The T. Rowe Price Financial Services Fund was established in 1996 and is managed by Gabriel Solomon. It aims to generate a long-term capital increase and a modest level of income by investing a minimum of 80% of the fund's assets of $ 652.61 million in common shares of companies operating in the financial services sector. The fund manager has the ability to invest in companies that provide financial software or in those that earn at least 50% of the revenue from operating in the financial services industry. Companies included in PRISX are subjected to a bottom-up analysis to assess the potential for capital appreciation over time.
Since its inception, PRISX has generated an annual return of 10, 56%, with an expense ratio of 0, 87%. No advance or deferred sales tax is assessed for investors, but a minimum of $ 2,500 is required as an initial investment in unqualified accounts. Top investments include JPMorgan Chase & Co. at 4.84%; Citigroup, Inc. at 4.77%; Corporation of America Corporation at 4.11%; State Street Corporation at 3, 21%; and First Niagara Financial Group at 3.02%.
Selected bank portfolio Loyalty
The selected portfolio fund Fidelity Select is managed by John Sheehy and was established in 1986. It aims to provide investors with capital appreciation by investing in common shares of companies operating in the banking industry. Sheehy and the investment management team invest at least 80% of the fund's assets of $ 670.92 million in domestic and foreign issuers of banking organizations, each of which follows a fundamental analysis to determine the financial stability and position of the industry.
FSRBX generated a 10-year annual return of 2, 03%, with an expense ratio of 0, 79%. Investors do not charge an upfront or deferred sales tax for the purchase or redemption of shares, but an initial investment of $ 2,500 is required for unqualified accounts and qualified accounts. The top holdings include Wells Fargo & Company at 10.49%; US Bancorp at 7, 15%; Bank of America Corporation at 5.79%; JPMorgan Chase & Co. at 4.92%; and Citigroup, Inc. at 4.90%.
