Spirit of America Utilities Fund A (SOAUX)

Overview

The fund specializes in investing in the utility sector, focusing on companies that provide essential services to the public. It aims to allocate at least 80% of its net assets, along with any borrowed funds, into a diversified mix of securities and other assets belonging to utility and utility-related companies. These entities primarily operate in the delivery of electricity, natural gas, water, and various telecommunications services such as internet, email, data communications, and mobile infrastructure. This investment approach is designed to tap into the steady demand for utilities and related services, leveraging the sector’s potential for stable returns.

Products and Services

• Electricity

  Investing in companies that generate, transmit, and distribute electricity to consumers and businesses. The focus is on entities that exhibit potential for growth and sustainability, catering to the ongoing demand for electric power.

• Natural Gas

  Allocating assets to companies involved in the extraction, distribution, and sale of natural gas. These companies are essential for heating, cooking, and electricity generation, underscoring their importance in the energy sector.

• Water Services

  Investments target companies that provide water supply and treatment services. These companies play a critical role in ensuring access to clean and safe water for residential, commercial, and industrial use, highlighting their societal and economic significance.

• Internet Services

  Focusing on companies that offer internet connectivity and related services. In the digital age, these entities are vital for enabling access to information, e-commerce, and communication, reflecting their growing relevance.

• Email (Electronic Mail)

  Investing in platforms and providers that facilitate electronic mail services. Email remains a fundamental tool for personal and professional communication, and companies leading in this area offer potential for investment growth.

• Data Communications

  Allocating funds to companies that specialize in data communication technologies and services. These businesses are at the heart of modern telecommunications, providing the infrastructure needed for high-speed data transfer and connectivity.

• Mobile and Cellular Infrastructure

  Targeting investments in companies involved in the development and maintenance of mobile and cellular infrastructure. These companies support the seamless operation of mobile communication and data services, essential for the connectivity of today’s mobile-first world.