 |
 |
Armada Large Cap Value Fund - Institutional
(formerly Armada Equity Income Fund)
|
 |
|
|
 |
Fund
Overview |
Performance | Fund Management
|
FUND
OVERVIEW
|
|
as of May 31, 2001 (Institutional Shares)
|
|
Who Should
Invest
|
|
|
Our
Investment Philosophy
|
|
The Armada Large Cap Value Fund's investment objective is to provide capital appreciation by investing in a diversified portfolio of publicly traded large capitalization equity securities. Equity securities include public and privately issues equity securities, common and preferred stocks, warrants, rights to subscribe to common stock movement of equity indices. The investment objective may be changed without a shareholder vote.
The fund normally invests at least 80% of its net assets in common stocks and securities convertible into common stocks of value-oriented companies. The Fund may invest up to 20% of its total assets at the time of purchase in foreign equity securities. In buying and selling securities for the Fund, the Adviser attempts to emphasize equity securities that the Adviser believes are undervalued relative to the general market. The Fund will generally sell securities when they fail to satisfy investment criteria.
|
|
Disclosure
|
|
| NOT FDIC INSURED. NO BANK
GUARANTEE. MAY LOSE VALUE. This information must be preceded or accompanied
by a current prospectus for the Armada Funds. Read it carefully before you invest
or send money. National City Investment Management Company serves as investment advisor and custodian for the
Armada Funds. The Armada Funds are distributed by SEI Investments Distribution
Co. which is not affiliated with National City Investment Management Company.
|
|
| |