NOTICE: On April 20, 2004 the shareholders of the Large Cap Ultra Fund voted to combine the Large Cap Ultra Fund with the Armada Large Cap Growth Fund by means of Reorganization. The Reorganization took place on April 23, 2004.
The Armada Large Cap Ultra Fund is for investors who seek to grow their principal and can tolerate some fluctuation in the value of their investment. The Fund invests in large companies that are global leaders in their industries and have above average growth potential resulting from competitive advantages, rapidly growing industries, or a new product cycle.
For historical H Share performance, click here.
The Armada Large Cap Ultra Fund is for investors who seek to grow their principal and can tolerate some fluctuation in the value of their investment. The Fund invests in large companies that are global leaders in their industries and have above average growth potential resulting from competitive advantages, rapidly growing industries, or a new product cycle.
as of 10/31/2004 (% of total net assets) Holdings are Subject to Change.
PFIZER INC
4.70%
GENERAL ELECTRIC
4.49%
MICROSOFT CORP
4.40%
INTEL CORP
3.83%
CISCO SYSTEMS INC
3.27%
JOHNSON & JOHNSON
2.19%
DELL INC
2.06%
WAL-MART STORES INC
1.77%
ABBOTT LABORATORIES
1.68%
PEPSICO
1.60%
Investment Strategy
Earnings growth drives stock prices over time
Armada Large Cap Ultra Fund's management team believes that greater returns may be achieved by selecting reasonably valued stocks with capitalizations similar to those of companies in the Russell 1000 Growth Index. Our management team searches for stocks with above average, sustainable earnings growth rates that are greater than the Fund's stock universe, placement of the Fund in the growth model's top three deciles, strong management and a catalyst for future growth.
Growth of a $10,000 Investment
Provides a graphical view of this Fund’s growth of $10,000 with an adjustment for sales charges and expenses,
where applicable from the Fund’s inception. The graph illustrates growth of principal including reinvestment of dividends and capital gains.
Economic Sector Weightings+
TECHNOLOGY
28.30%
HEALTHCARE
21.75%
CONSUMER CYCLICALS
8.99%
FINANCIAL SERVICES
8.61%
INDUSTRIALS
7.57%
CONSUMER NON-CYCLICAL
5.45%
BASIC MATERIALS
4.63%
OTHER
4.31%
COMMERCIAL SERVICES
4.17%
CONSUMER SERVICES
4.10%
FUTURES
2.12%
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. Please keep in mind, the indexes shown are benchmarks for performance and direct investment is not possible.
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.
*The Russell 1000 Growth Index measures the performance of companies in the Russell 1000 Index with higher price-to-book ratios and higher forecasted growth values. The Russell 1000 Index measures the performance of the 1000 largest U.S. companies based on market capitalization. Both indexes are not available for direct investment. Unlike a mutual fund, the performance of the index assumes no taxes, transaction costs, management fees or other expenses.
+The composition of the portfolio is as of 10/31/2004 and is for illustration purposes only. The composition of the portfolio is not a permanent reflection of the Fund. Under normal circumstances, the Fund will invest at least 80% of the value of its net assets in equity securities of large cap companies. Economic sector weightings may not total 100%.
1Performance information before June 10, 2000 represents performance of the Parkstone Large Capitalization Fund, which was reorganized into the Armada Large Cap Ultra Fund on that date.
Total returns reflect reinvestment of dividends, capital gains and applicable sales charges as noted below. Returns also reflect a deduction of all operating expenses and fees for each share class provided. For more complete information on Fund fees and expenses, please read the prospectus.
The inception dates for Class A Shares, Class B Shares and Class C Shares for the Armada Large Cap Ultra Fund are 2/01/96, 2/01/96 and 6/15/00, respectively. All performance shown for each class of shares prior to each respective inception date is based on the performance of Class I Shares, adjusted to reflect each share class’ fees, expenses, and maximum sales charges as specified below.
The maximum sales charge for Class A Shares is 5.50%. With respect to Class B Shares, the maximum contingent deferred sales charge is 5.00%. Class C Shares do not have a front-end sales charge, but do have a 1.00% charge on the redemption of shares that are held for less than 18 months. There are no sales charges for Class I Shares.
Past performance is not indicative of future results. The performance of each class will differ due to differences in sales charge structures and class expenses. Returns and share prices will fluctuate and on redemption, shares may be worth more or less than their original costs.
Shares of Armada Funds are not insured by the FDIC, are not deposits or obligations of, or guaranteed by the bank and involve investment risks, including possible loss of principal. Performance figures quoted herein may be lower due to recent market volatility. 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 Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA, 19406. PFD is not affiliated with IMC and is not a bank.
You should consider the investment objectives, risks, charges and expenses of the Armada Funds carefully before investing. A prospectus may be downloaded and viewed with this and other information about the Funds or may be obtained by contacting an investment professional or by calling 1-800-622-FUND (3863.) Please read it carefully before you invest or send money.
† All market data and information is provided by Standard & Poor's and is for
informational purposes only. Armada does not guarantee that the information
supplied is accurate, complete or timely, or make any warranties regarding the
results obtained by its use.
NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE
You should consider the investment objectives, risks,
charges and expenses of the Armada Funds carefully before investing. A prospectus may be downloaded and viewed with
this and other information about the Funds or may be obtained by contacting an
investment professional or by calling 1-800-622-FUND (3863.) Please read it
carefully before you invest or send money.
National City Investment
Management Company (IMC) serves as investment adviser to Armada Funds for which
it receives an investment advisory fee. Shares of Armada Funds are distributed
by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia,
PA 19406. PFD is not affiliated with IMC and is not a bank.
