Piedmont Select Equity
C/O Ultimus Fund Solutions, LLC 225 Pictoria Drive, Suite 450 Greensboro NC 27408
Map
Phone: 888-859-5865
| Category: | Large Growth | | Fund Family: | Piedmont | | Net Assets: | 16.33M | | Year-to-Date Return: | -9.06% | | Yield: | 0.11% | | Morningstar Rating: |  | | Fund Inception Date: | 26-Apr-05 |
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David M. Clark, III
Lead Manager since
20-Jul-06 | | | Clark founded CCM in 1994 and joined Sheets, Smith & Associates, Inc. in 2006. He developed and refined a process of analyzing companies based on value and quality in order to make sound investments with an adequate margin of safety to create value for clients. Prior to opening his investment advisory firm, Clark worked with Prudential Securities. |
| Min Initial Investment: | $5,000 | | Min Initial Investment, IRA: | $4,000 | | Min Initial Investment, AIP: | $5,000 | | Min Subsequent Investment: | $250 | | Min Subsequent Investment, IRA: | $250 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks long-term growth of capital. The fund invests primarily in common stocks of large and medium capitalization companies. It typically invests in common stocks, although it may also invest in other equity securities such as preferred stocks, convertible bonds, convertible preferreds, and warrants. The fund may from time to time invest a portion of assets in debt securities and cash equivalents. At times, it may selectively invest up to 15% of assets in derivatives and other investments for hedging purposes. The fund is nondiversified. |
| Last Dividend
(31-Dec-07):
| 0.01 | | Last Cap Gain
(15-Dec-06):
| 0.04 | | Annual Holdings Turnover
| 82.00% | | Average for Category:
| 98.32% |
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| Expense | PSVFX | Category
Avg | | Total Expense Ratio: | 1.67%
| 1.35% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.41% | | Max Deferred Sales Load: | 0.00%
| 2.68% | | 3 Yr Expense Projection*: |
$644 | $622 | | 5 Yr Expense Projection*: |
$1,145 | $957 | | 10 Yr Expense Projection*: |
$2,522 | $1,889 |
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1.49% Nasdaq 
0.27%
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