Upright Growth & Income Fund (UPDDX)

Overview

The fund is managed by an adviser who employs a hybrid investment strategy, attempting to meet its investment objective by integrating three distinct investment styles: value investing, equity income, and balanced investing. A principal focus of the fund is to invest between 50% to 80% of its net assets into a broad spectrum of equity securities domiciled in the U.S., ensuring a diversified portfolio across various companies and industries. Additionally, the fund aims to seek equity securities that generate above-average dividend yields, at least on par or exceeding the average dividend yield of the S&P 500, or exhibit potential for increasing dividends. This focus reflects a dual strategy of pursuing growth through equity appreciation while also targeting income generation through dividends.

Products and Services

• Value Investing

  This investment style focuses on identifying and investing in undervalued companies that have the potential for significant appreciation. The fund's adviser analyzes various metrics and market indicators to select these companies, aiming to buy their stocks at prices less than their intrinsic value.

• Equity Income Investing

  Equity income investing is centered around selecting stocks that generate a steady and reliable stream of income through dividends. The fund prioritizes purchasing securities that offer dividend yields higher than the average of the S&P 500 or those with prospects for dividend growth. This approach provides investors with an income stream in addition to the potential for capital appreciation.

• Balance Investing

  Balanced investing encompasses a strategic mix of growth and income investments to seek overall portfolio stability and potential return. The fund's adviser leverages this style to diversify across various asset classes, sectors, and securities to manage risk while striving for competitive returns over time.