Centaurus Financial - we invest in your success

Home > Financial Services > Mutual Funds > Sequoia

Sequoia

Sequoia Fund's investment objective is long-term growth of capital. In pursuing this objective, the fund focuses principally on common stocks that it believes are undervalued at the time of purchase and have potential for growth. A guiding principal is the consideration of common stocks as units of ownership of a business and the purchase of them when the price appears low in relation to the value of the total enterprise. The balance sheet and earnings history and prospects of each investment are extensively studied to appraise fundamental value.

The Fund invests primarily in common stocks. The Fund invests in the securities of a limited number of companies that it believes have attractive long-term economic prospects relative to their market price. While the Fund normally invests in U.S. companies, it also may make limited investments in foreign securities. The Fund usually invests cash reserves in U.S. Government securities.

The company fund seeks growth of capital. The fund invests primarily in a limited number of common stocks that it believes have attractive long-term economic prospects relative to their market price. It may also invest up to 15 percent of assets in foreign securities. The fund will usually invest cash reserves in U.S. government securities.

The Fund has discontinued indefinitely the sales of its shares to new investors. The Fund will continue to accept additional investments from existing stockholders, and will continue to reinvest dividends and capital gains distributions for the accounts of existing stockholders who have elected those options. The decision to discontinue sales to new investors reflects management's belief that unrestrained growth in the Fund's net assets might impair investment flexibility and would not be in the best interests of existing stockholders.

An investor should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The performance data shown represents past performance and assumes reinvestment of dividends. Their past performance does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Financial Services Companies all are here at FinancialBrowsers.com

Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.

Back to Mutual Funds

MISCELLANEOUS

SUBCATEGORIES

Copyright © 2013 financialbrowsers.com and Vertical Alliance Group, Inc. All rights reserved.
NOTICE: We collect personal information on this site.
To learn more about how we use your information, see our Privacy Policy