Meeder Spectrum Fund Institutional Class (SRUIX)

Overview

The described fund operates with a dynamic investment strategy aimed at maximizing returns through a combination of long and short positions in the global securities markets. It showcases a flexible investment approach, targeting a diverse range of assets, including stocks (both common and preferred), underlying funds such as mutual funds (domestic and international), ETFs, closed-end funds, and unit investment trusts. By also allocating portions of its assets towards fixed income securities of any credit quality and cash equivalents, the fund is designed to navigate various market conditions while seeking to achieve its investment objective.

Products and Services

• Equity Investments

The fund invests in both common and preferred stocks, identifying value across a broad spectrum of companies and sectors. This includes direct investments in stocks and indirect investments through underlying funds. The aim is to capitalize on equity markets' growth potential, adjusting the balance between long and short positions based on market analysis and forecasts.

• Investment in Underlying Funds

Part of the investment strategy includes allocations to mutual funds, ETFs, closed-end funds, and unit investment trusts. This approach enables the fund to diversify its holdings beyond individual stocks, gaining exposure to a wide array of assets through professionally managed funds. Whether these funds are domestic or international, they offer access to a variety of sectors and investment styles, enhancing portfolio diversification.

• Fixed Income and Cash Equivalents

In addition to equities and underlying funds, the fund may invest up to 100% of its net assets in fixed income securities. This includes bonds of any maturity and any credit rating, from government bonds to high yield, and unrated securities. Cash equivalent investments further provide liquidity and safety. This flexibility in asset allocation allows the fund to adjust its risk profile and capitalize on interest income and stability offered by fixed income markets.