1st Source Monogram Long/Short
3435 Stelzer Rd Suite 1000
Map
Phone: 800-766-8938
| Category: | Long-Short | | Fund Family: | Coventry | | Net Assets: | 126.39M | | Year-to-Date Return: | 2.76% | | Yield: | 1.74% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Aug-03 |
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Michael Shinnick
Lead Manager since
01-Aug-03 | | | Shinnick serves as portfolio manager with 1st Source Corporation Investment Advisors, Inc. and joined 1st Source Bank in May 2003. From 1994 to 2000, He was a principal and then a partner with Diamond Technology Partners, Inc. He worked in Diamonds financial services practice advising clients in the insurance, brokerage and mutual fund industries. From 2000 to 2001, he was an officer with Zurich Financial Services, Inc. From 2002 to May 2003, he was a private investor. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $25 | | Min Subsequent Investment: | $25 | | Min Subsequent Investment, IRA: | $25 | | Min Subsequent Investment, AIP: | $25 |
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| The investment seeks capital appreciation. The fund normally purchases common stocks ("long” equity positions) of U.S. traded companies that the advisor has identified as undervalued and sells short those stocks that the advisor has identified as overvalued. It can make investments within any market sector and in any company that has a public market capitalization of at least $100 million. It is nondiversified. |
| Last Dividend
(25-Aug-08):
| 0.02 | | Last Cap Gain
(12-Dec-07):
| 0.32 | | Annual Holdings Turnover
| 179.00% | | Average for Category:
| 290.27% |
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| Expense | FMLSX | Category
Avg | | Total Expense Ratio: | 1.75%
| 2.21% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.50% | | Max Deferred Sales Load: | 0.00%
| 2.19% | | 3 Yr Expense Projection*: |
$629 | $981 | | 5 Yr Expense Projection*: |
$1,080 | $1,698 | | 10 Yr Expense Projection*: |
$2,333 | $3,378 |
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1.49% Nasdaq 
0.27%
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