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Core Equity Fund
The Armada Core Equity Fund is for investors who would like to participate in both growth and value management styles. The Fund’s managers include both growth and value choices in the portfolio, and have the flexibility to weight the portfolio more heavily toward whichever style is favored by market conditions.
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xml version="1.0"?> | MARKET WATCH(87:41 to NY open) | | |  | S&PFutures | 891.20 | +1.30 | 0.15% | | | | S&P 500 | 893.58 | +13.67 | 1.55% | | | | DJIA | 8337.65 | +80.04 | 0.97% | | | | NASDAQ | 1425.50 | +30.78 | 2.21% | | | | 10-yr Note | 3.96 | +0.02 | 0.48% | | |
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Ticker Lookup >>
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Investment Strategy
The flexibility to benefit from diverse marketsThe Armada Core Equity Fund’s management team uses a Multiple Attribute Diversification process, in tandem with style flexibility, to build a portfolio that they believe provides the greatest return for the risk taken. The portfolio generally includes equities with consistent, five-year earnings growth rates of 10% or higher, price-to-earnings ratios at least 20% lower than the average of the Standard & Poor’s 500 Index *, and dividend yields at least 20% higher than the average of the Standard & Poor’s 500 Index.
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Growth of a $10,000 Investment
Provides a graphical-view of this fund’s growth of $10,000 without sales charges over a multi-year period.
The graph illustrates two values: growth of principal only and growth of principal including reinvestment
of dividends and capital gains.
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Economic Sector Weightings
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| Chemicals and Allied Products |
14.90% |
| Business Services |
11.40% |
| Industrial Machinery and Equipment |
11.10% |
| Depository Institutions |
10.20% |
| Insurance Carriers |
8.00% |
| Petroleum and Coal Products |
7.20% |
| Communications |
5.50% |
| Electronic and Other Electric Equipment |
4.10% |
| Printing and Publishing |
4.10% |
| General Merchandise Stores |
2.80% |
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Index Comparison
Compare this fund’s performance, over various time periods, to the index of your choice. Just select the time period and index from the drop-down menus.
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Management Team
At Armada, specialization is the key to our investment management philosophy. Our portfolio managers and research analysts work in independent teams. Each team focuses on a single sector or investment style. Their dedication and clear focus are reflected in the unwavering style purity of our funds.
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Returns for the period Jan 20, 2000 to Jan 6, 1998 reflect the performance of the Fund’s Class B Shares, returns for the period Jan 6, 1998 to Aug 1, 1997 reflect the performance of the Fund’s Class A Shares, and returns for the period prior to Aug 1, 1997 reflect the performance of the Fund’s Class I Shares.
For Class H shares, the return since the actual inception date of May 1, 2002 was N/A without sales charge and N/A with sales charge. For Class B shares, the annualized return since the actual inception date of Jan 6, 1998 was 0.43% without sales charge and 0.43% with sales charge.
The Class A shares have a maximum sales charge of 5.50%. The Class B shares have a maximum contingent deferred sales charge of 5.00%. The Class H shares have a 1.00% front end sales charge, in addition to a 1.00% maximum contingent deferred sales charge on shares held less than 18 months. For Class C shares, returns for the period Jan 20, 2000 to Jan 6, 1998 reflect the performance of the Fund’s Class B Shares, returns for the period Jan 6, 1998 to Aug 1, 1997 reflect the performance of the Fund’s Class A Shares, and returns for the period prior to Aug 1, 1997 reflect the performance of the Fund’s Class I Shares.
For Class C shares, the annualized return since the actual inception date of Jan 20, 2000 was -11.86% without sales charge and -11.86% with sales charge.
The Class C shares do not have a front end sales charge, but do have a 1.00% charge on redemptions of shares that are held for less than 18 months.
The Index is not connected with the Armada Core Equity Fund. It is not possible to invest in this or any other index.
Economic sector weightings may or may not total 100%.
Mutual funds involve risks including possible loss of principal. Performance figures quoted herein may be lower due to recent market volatility. Past performance is not indicative of future performance, and the principal value and investment return will fluctuate, so that you may have a gain or loss when you sell your shares. National City Investment Management Company (IMC) serves as investment adviser to Armada Funds, for which it receives an investment advisory fee. Armada Funds are distributed by SEI Investments Distribution Co. (SIDC), Oaks, PA 19456. SIDC is not affiliated with IMC and is not a bank. This must be accompanied or preceded by a current Armada prospectus. Read it carefully before you invest or send money.
Total returns shown reflect reinvestment of dividends and capital gains.
During the reporting periods shown, the administrator, custodian and advisor have waived fees. Without such waivers, performance would have been lower.
During the reporting periods shown, the administrator, custodian and advisor have waived fees. Without such waivers, performance would have been lower.
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