Government Street Equity Fund (GVEQX)

Overview

This fund is focused on capital growth by investing primarily in the equity markets, with a significant portion of its assets allocated in common stocks and shares of Exchange-Traded Funds (ETFs) that also primarily invest in common stocks. The investment strategy is designed to cater to investors seeking exposure to stock markets, specifically those securities that are within the market capitalization range of the S&P 500® Index. By committing at least 80% of its net assets (which includes any borrowed amounts for investment purposes) toward these financial instruments, the fund aims to achieve a balance between risk and potential returns, targeting securities that are deemed to hold value and promise for appreciation.

Products and Services

Given the investment focus of the fund, its portfolio is structured around two main types of financial products:

• Common Stocks:
  These are shares of ownership in publicly-traded companies. The fund invests in a diverse range of such stocks, primarily focusing on companies whose market capitalizations align with that of the constituents of the S&P 500® Index. This approach provides investors with exposure to some of the largest and most stable companies in the U.S., potentially leading to growth in investment value over time.
• Shares of ETFs:
  Exchange-Traded Funds that the fund invests in are those which primarily focus on common stocks themselves. This method offers additional diversification, as these ETFs invest in a broad array of companies across various sectors, essentially layering another level of selection and risk management on top of the fund’s direct stock investments. By including ETFs, the fund leverages their research and market insights, aiming to enhance potential returns for its investors through a combination of strategic selections.