Stone American Dividend Growth Fund
Fund FactsFund Details
Fund Type
US Equity
Fund Mandate
Pure Total Return®
Manager
Stone Asset Management Limited
Portfolio Manager
Sub-Advisor: SEAMARK Asset Management
Fund Net Assets
$11.9 million
Distribution
For Series A and F: Monthly income and, in December, net capital gains. Distributions will be automatically reinvested unless you elect to receive them in cash. For Series T8A, T8B and T8C: Target annual rate of 8% of the security’s net asset value on the last day of the previous calendar year. Income or return of capital or both monthly and, in December, net capital gains. Distributions will be automatically reinvested unless you elect to receive them in cash.
Inception Date
July 17, 2018
Minimal Initial Investment
$1000 (Series A and F)
Why Invest
- Seeks long-term capital appreciation by investing primarily in a portfolio of large cap dividend-paying equity securities listed on a US stock exchange
- The portfolio manager will invest in a portfolio of securities whose returns, over time, are expected to exceed the S&P 500 Index on a total return basis
- Securities to be selected based on the fundamental approach of identifying companies with superior long-term investment merit.
- Ideal for investor with long-term investment goals and who wants US exposure
- Monthly distributions may be a return of capital.
Portfolio Managers
SEAMARK Asset Management Inc.
Manager Start Date: 2014Experience: Over 30 Years
Purchase Options
| Series | Current NAVPS | Prior NAVPS | NAVPS Change | Net Asset Value | Last Updated | ||
|---|---|---|---|---|---|---|---|
| A | $ 8.1537 | $ 8.0411 | 1.40% | $ 9,989,154.75 | 19-08-2019 | ||
| F | $ 8.7470 | $ 8.6260 | 1.40% | $ 378,654.89 | 19-08-2019 | ||
| O | $ 10.0000 | $ 10.0000 | 0.00% | $ 10.00 | 19-08-2019 | ||
| T5A | $ 10.1097 | $ 9.9702 | 1.40% | $ 17,164.41 | 19-08-2019 | ||
| T5F | $ 10.0000 | $ 10.0000 | 0.00% | $ 10.00 | 19-08-2019 | ||
| * Closed to new purchases. | |||||||
Fund Performance (%)
| Series | 1 Month | 3 Month | 6 Month | Year To Date | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception |
|---|---|---|---|---|---|---|---|---|---|
| F | 1.3 | (2.4) | 4.1 | 6.1 | (4.2) | 2.2 | 6.3 | n/a | 6.2 |
| Last Update: 7-31-19 | |||||||||
CALENDAR RETURNS
| Series | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| F | (7.0) | 5.2 | 8.0 | 11.9 | 8.4 | ||||||
Growth of $10,000 Since Inception
Portfolio Composition (%)
Top 10 Holdings (%)
| HOLDINGS | ||
|---|---|---|
| 1 | Bank of America Corp. | 4.7% |
| 2 | JPMorgan Chase & Co. | 4.6% |
| 3 | Northern Trust Corp. | 4.6% |
| 4 | State Street Corp. | 3.5% |
| 5 | Exxon-Mobil Corp. | 3.3% |
| 6 | Royal Dutch Shell PLC | 3.2% |
| 7 | Applied Materials Inc. | 3.1% |
| 8 | United Parcel Service Inc. | 3.0% |
| 9 | International Business Machines Corp. | 3.0% |
| 10 | Nestle SA | 2.9% |
| TOTAL | 35.9% | |
Fund Management Expense Ratio
| As of December 31, 2018 | |
|---|---|
| A | 3.62 |
| F | 2.47 |
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