1919 Financial Services Fund Class C (SFSLX)

Overview

The fund is prominently focused on investing in the financial services industry, particularly targeting companies that are evaluated as undervalued. This strategic approach is underpinned by the belief that such investments have a higher potential for capital appreciation. By allocating at least 80% of its net assets into equity securities within the financial services sector, the fund leverages the expertise of its Adviser to identify these favorable investment opportunities. Apart from its primary focus on domestic markets, the fund also extends its investment strategy to encompass foreign financial services companies, allowing for a diverse and potentially more resilient investment portfolio. This international diversification is a critical component of the fund's strategy to capitalize on global financial trends and opportunities.

Products and Services

The fund offers a comprehensive suite of investment products and services designed to meet the needs of investors seeking exposure to the financial services sector through a variety of instruments:

• Equity Securities of Financial Services Companies: The core of the fund's investment strategy, focusing on purchasing equity in companies within the financial sector that show signs of undervaluation. This product aims to provide investors with significant growth potential by identifying and investing in companies that are expected to appreciate in value over time.
• Securities of Foreign Financial Services Companies: Expanding the investment horizon, the fund includes opportunities in international markets, offering exposure to financial services companies outside the domestic sphere. This enables investors to diversify their portfolios and potentially benefit from the growth of financial markets globally.
• Fixed Income Securities: For diversification and risk management, the fund may allocate parts of its assets to fixed income securities. This includes a range of debt instruments that offer regular income, serving as a stable component in an investor's portfolio.
• High Yield Securities or "Junk Bonds": In pursuit of higher returns, the fund may invest in high yield securities, also known as "junk bonds." These are bonds with lower credit ratings that offer higher interest rates to compensate for the increased risk.
• Shares of Open-end Funds or ETFs: The fund may also invest in shares of other investment funds, including open-end funds and ETFs (Exchange Traded Funds). This strategy allows for further diversification and access to a broad range of financial instruments and sectors, managed by external experts.