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Home > Financial Services > Mutual Funds > Archer Funds
Archer Funds
Archer Balanced Fund seeks total return. The fund invests up to 75 percent of assets in equity securities. Investments will primarily be made in large companies with market capitalizations over 10 billion dollars. It may also invest in the equities of small- and mid-capitalization companies. It will generally invest in common stocks and convertibles. It may also choose to invest in REITs. The fund will invest at least 25 percent of assets in fixed income securities. It also seeks to maintain maturities ranging from one to five years. It will invest not more than 5 percent of assets in below investment grade debt.
The Fund may invest up to 15 percent of its assets (measured at the time of purchase) in equity or fixed income securities of foreign companies operating in developed countries, through sponsored or unsponsored American Depository Receipts (ADRs) traded on U.S. stock exchanges. ADRs typically are issued by a U.S. bank or trust company and represent ownership of underlying securities issued by a foreign company.
For cash management purposes, the Fund may also invest in short-term, high quality money market instruments. These investments can be short-term obligations of the U.S. government, its agencies or instrumentalities, bank obligations, commercial paper or money market mutual funds. By keeping some cash or cash equivalents, the Fund may be able to avoid realizing gains and losses from selling stocks when there are shareholder redemptions. However, the Fund may have difficulty meeting its investment objective when holding a significant cash position.
ARCHX min initial investment is 2,000 dollars. Min initial investment with AIP is 250 dollars. Min Subsequent Investment is 100 dollars.
Do not 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.
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