Upright Investments Trust - Upright Growth Fund (UPUPX)

Overview

The fund is an investment vehicle focusing on a diversified portfolio that includes common stock, preferred stock, and convertible securities. It is designed for investors looking to capitalize on both the United States and international markets, as it allocates up to 25% of its assets to securities traded primarily in foreign markets. The strategy is firmly grounded in seeking out companies that not only exhibit potential for significant long-term growth but are also considered to be reasonably priced or undervalued by the fund's advisers. This allows for a balanced approach to investing, aiming to maximize returns while carefully managing risk.

Products and Services

• Common Stock Investments

These are shares of publicly traded companies in the United States, representing ownership in those companies. This component of the portfolio is aimed at investors seeking growth through equity investments in the domestic market.

• Preferred Stock and Convertible Securities

Investments in preferred stocks and convertible securities offer a blend of fixed income and potential for appreciation. Preferred stocks provide dividend payments before any dividends are distributed to common stockholders, often making them a more conservative investment than common stock. Convertible securities, on the other hand, can be converted into a predetermined number of shares of common stock, usually at the discretion of the holder, providing a potential upside if the company's stock performs well.

• Foreign Market Securities

Up to 25% of the fund's assets are invested in securities that are principally traded in foreign markets. This diversifies the portfolio geographically and offers exposure to the growth potential of international markets, aiming to benefit from the dynamics of global economic developments.

• Growth and Value Investing

The fund focuses on companies that are believed to have significant potential for long-term growth and are reasonably priced or undervalued. This dual approach of targeting growth and value investing aims to balance the pursuit of high growth opportunities with investments in companies that are assessed to be trading below their intrinsic value, potentially offering more safety and stability.