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Home > Financial Services > Mutual Funds > Wall Street
Wall Street
The Wall Street Fund, symbol was launched on December 23, 1945. The Fund's Advisor and Distributor is the Wall Street Management Corporation, a wholly owned subsidiary of Morse, Williams & Company, Inc. the Wall Street Fund's primary investment objective is capital appreciation, as with all other funds. This is achieved through investments in a diversified portfolio of common stocks, which offer prospects of sustained growth in value. Current income from interest or dividends is a secondary objective. Large, medium and small capitalization growth stocks are selected, based on an analysis of a company's growth prospects, financial ratios, past and expected future performance and the quality of corporate management.
Wall Street Fund’s current income is a secondary consideration. The fund normally emphasizes investment in common stocks; it may also invest in preferred stocks, corporate bonds, and government securities, without restriction as to the percentage of assets invested in any type of security. In selecting investments, management focuses on financial ratios such as pre-tax margins, returns on equity, and cash flows. The fund may invest up to 20 percent of its assets in securities of foreign issuers.
The minimum initial investment is fixed at 1,000 US Dollars for regular accounts, including IRA accounts, Automatic Investment Plans, and Coverdell Education and Savings Accounts. While the Fund pays investment advisory and shareholder servicing fees, there are no sales, redemption or 12b-1 distribution charges imposed on the investor by the fund.
Investors are advised not pay to pay too much attention to the top-performing funds over the past 12 months. Recent performance does not necessarily mean they will always out perform other mutual funds. It is the successful long term mutual funds performance and consistency that you should pay close attention to. You should also watch the annual fees or charges for the mutual funds investment. In general, you don't want to choose a high-expense fund if there is an equally attractive fund with lower expenses.
Wall Street has a well established and experienced team of managers with years of experience they have acquired over years in the industry. They work diligently to make the best returns on your investment and at the same time keeping your invest as secure as possible.
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