| |
4 - Star Overall Morningstar Rating
ARMADA
CORE EQUITY FUND
CLASS A
(8/1/1997
inception date)
Ratings for the Armada Core Equity Fund Class A
were out of 4231 Domestic Equity Funds ending 2/28/2001
*For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating metric each month by subtracting the return on a 90-day
U. S. Treasury Bill from the funds load-adjusted return for the same period, and then adjusting this excess return for risk. The top 10% of funds in each
broad asset class receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1
star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and
ten-year (if applicable) Morningstar Rating metrics. The Armada Core Equity Fund, Class A was rated against the following numbers of U.S.-domiciled
Domestic Equity funds over the following time periods: 4231 funds in the last three years. With respect to these Domestic Equity funds, the Armada
Core Equity Fund, Class A received a Morningstar Rating of 4 stars for the three-year period.
Ratings are for the share class indicated. Other classes may vary.
The inception date for the Armada Core Equity Fund Class A was 8/1/1997.
Past performance is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investors shares on
redemption may be worth more or less than their original cost. Mutual funds involve risk including possible loss of principal. Performance figures quoted
herein may be lower due to recent market volatility.
For more complete information about Armada Funds, including charges and expenses, obtain a prospectus from SEI Investments Distribution Co. by calling
1-800-622-FUND (3863). Read the prospectus carefully before investing or sending money. National City Investment Management Company serves as adviser
for Armada Funds for which it receives an investment advisory fee. Armada Funds are distributed by SEI Investments Distribution Co., Oaks, PA 19456.
SEI Investments Distribution Co. is not affiliated with National City Investment Management Company and is not a bank.
|
|
Not FDIC Insured No Bank
Guarantee May Lose Value
|
|
|
