Principled Equity Mk (PEQKL) 25.0000 $PEQKL
Principled Equity Market Fund - Final Liquidation Payment
BusinessWire - Thu Aug 06, 3:18PM CDT
In connection with the previously announced liquidation of the Principled Equity Market Fund (the "Fund"
, the Fund has sent final payments to all of the Fund's shareholders of record for their outstanding shares of the Fund held in account. All outstanding shares received $23.50 per share which reflected the per share amount for the remaining assets of the Fund after payment of any and all expenses, accruals, contingencies and obligations of the Fund through the winding down and termination of the Fund.
Principled Equity Market Fund - First Liquidation Distribution
BusinessWire - Thu Jun 25, 4:14PM CDT
Shareholders of Principled Equity Market Fund (the "Fund" were sent payment for 95% of their shares of the Fund held in account as the first of two liquidation distributions. A second and final liquidation distribution for their pro rata share of the remaining assets of the Fund after payment of any and all expenses, accruals and obligations is expected to be made in August.
Principled Equity Market Fund (PEQKL) Announces Plan of Liquidation
BusinessWire - Tue May 26, 4:01PM CDT
The Principled Equity Market Fund (Fund) launched in December 1996 with the goal of generating growth of assets and returns approximating the return of the S&P 500 index by making prudent, yet socially responsible investments. By combining rigorous market analytics with equally rigorous ESG criteria it has sought to identify companies to invest in that have the potential in concert to track the S&P 500 index while embracing high standards of corporate responsibility.
Principled Equity Market Fund (PEQKL) Performance Close to Benchmark through Third Quarter of the Year
BusinessWire - Wed Oct 22, 1:05PM CDT
William Zink of PanAgora Asset Management, the Fund's portfolio manager reported that The Fund, YTD thru September 2014, underperformed the S&P 500 Index by -0.16% prior to expenses. The Industrials, Energy, Consumer Discretionary and Health Care sectors were the four fund sectors that outperformed their corresponding benchmark sectors by more than 20 basis points for the period. In Industrials, over weights in Union Pac Corp, Southwest Airlines and Norfolk Southern and not owning GE explain most of the positive result. In Energy, an overweight to Williams Cos and not owning Exxon account for most of the excess return. In Consumer Discretionary not owning Amazon and overweights in Direct TV and Home Depot account for the positive results. In Health Care overweights to Allergan and Gilead Sciences and not owning Pfizer account for the bulk of the outperformance. The Financials, Information Technology and Materials sectors detracted from relative performance for the period. In the Financials not owning Berkshire Hathaway and Wells Fargo account for approximately half of the underperformance with the rest spread over multiple securities. Not owning Microsoft was the single largest detractor to performance in the Information Tech sector. In Materials underperformance was spread across multiple positions.
AGN: 232.46 (+0.91), LUV: 40.41 (-0.11)
Principled Equity Market Fund - Final Liquidation Payment
BusinessWire - Thu Aug 06, 3:18PM CDT
In connection with the previously announced liquidation of the Principled Equity Market Fund (the "Fund"
, the Fund has sent final payments to all of the Fund's shareholders of record for their outstanding shares of the Fund held in account. All outstanding shares received $23.50 per share which reflected the per share amount for the remaining assets of the Fund after payment of any and all expenses, accruals, contingencies and obligations of the Fund through the winding down and termination of the Fund. Principled Equity Market Fund - First Liquidation Distribution
BusinessWire - Thu Jun 25, 4:14PM CDT
Shareholders of Principled Equity Market Fund (the "Fund"
were sent payment for 95% of their shares of the Fund held in account as the first of two liquidation distributions. A second and final liquidation distribution for their pro rata share of the remaining assets of the Fund after payment of any and all expenses, accruals and obligations is expected to be made in August. Principled Equity Market Fund (PEQKL) Announces Plan of Liquidation
BusinessWire - Tue May 26, 4:01PM CDT
The Principled Equity Market Fund (Fund) launched in December 1996 with the goal of generating growth of assets and returns approximating the return of the S&P 500 index by making prudent, yet socially responsible investments. By combining rigorous market analytics with equally rigorous ESG criteria it has sought to identify companies to invest in that have the potential in concert to track the S&P 500 index while embracing high standards of corporate responsibility.
Principled Equity Market Fund (PEQKL) Performance Close to Benchmark through Third Quarter of the Year
BusinessWire - Wed Oct 22, 1:05PM CDT
William Zink of PanAgora Asset Management, the Fund's portfolio manager reported that The Fund, YTD thru September 2014, underperformed the S&P 500 Index by -0.16% prior to expenses. The Industrials, Energy, Consumer Discretionary and Health Care sectors were the four fund sectors that outperformed their corresponding benchmark sectors by more than 20 basis points for the period. In Industrials, over weights in Union Pac Corp, Southwest Airlines and Norfolk Southern and not owning GE explain most of the positive result. In Energy, an overweight to Williams Cos and not owning Exxon account for most of the excess return. In Consumer Discretionary not owning Amazon and overweights in Direct TV and Home Depot account for the positive results. In Health Care overweights to Allergan and Gilead Sciences and not owning Pfizer account for the bulk of the outperformance. The Financials, Information Technology and Materials sectors detracted from relative performance for the period. In the Financials not owning Berkshire Hathaway and Wells Fargo account for approximately half of the underperformance with the rest spread over multiple securities. Not owning Microsoft was the single largest detractor to performance in the Information Tech sector. In Materials underperformance was spread across multiple positions.
AGN: 232.46 (+0.91), LUV: 40.41 (-0.11)
