Spirit of America Utilities Fund Institutional Shares (SOIUX)

Overview

The described fund focuses on investing a significant portion of its assets in the utilities sector, targeting at least 80% of its net resources towards utility and utility-related companies. The companies in question are those significantly involved in operations across various utility services such as electricity, natural gas, and water supply, alongside modern utilities like internet services, email, data communications, and mobile or cellular infrastructure. The goal of this investment strategy is to capitalize on the essential services these companies provide, acknowledging their potential for steady demand and, by extension, stable returns on investment.

Products and Services

The fund invests in a variety of utilities and utility-related areas, targeting companies that offer essential services to the public. The aim is to cover a broad spectrum of the utilities sector to ensure diversity and stability in the investment portfolio. The key areas of investment include:

• Electricity: Companies involved in the generation, distribution, and sale of electricity. This includes traditional power suppliers as well as renewable energy providers.
• Natural Gas: Firms engaged in the extraction, production, and distribution of natural gas. Investments may extend to entities specializing in both conventional and unconventional gas sources.
• Water: Investments in companies responsible for the treatment, distribution, and management of water resources. This encompasses both drinking water and wastewater services.
• Internet Services: Companies providing broadband, fiber-optic, and satellite internet services to consumers and businesses. This area recognizes the growing demand for high-speed internet access as a utility.
• Email (Electronic Mail): Entities offering email communication services. While commonly overlooked as a utility, reliable email services are crucial for both personal and professional communications.
• Data Communications: Firms that specialize in the transmission, management, and security of data. This includes data centers, networking companies, and cybersecurity firms.
• Mobile and Cellular Infrastructure: Companies involved in the construction, operation, and maintenance of mobile and cellular networks. This area acknowledges the continued expansion and upgrading of mobile networks to support growing consumer and business demands.