Crossmark Global Investments’ Steward Global Equity Income Fund Recognized as One of Investor’s Business Daily’s 2021 Best Mutual Funds
Crossmark’s Global Equity Income Fund recognized for consistently outperforming category peers and its benchmark.
Houston, Texas – August 16, 2021 – Crossmark Global Investments, a faith-based investment management firm, announced today that the firm’s Steward Global Equity Income Fund has been recognized as one of the 2021 Best Mutual Funds by Investor’s Business Daily (IBD).
Out of a group of 3,368 mutual funds in operation for at least 10 years, Crossmark’s Steward Global Equity Income Fund was selected by IBD for beating the broad market and surpassing the benchmarks over the last one-, three-, five- and 10-year periods. The Steward Global Equity Income Fund was recognized in the “Best International Mutual Funds” category with 279 other international mutual funds. The evaluation period for this years’ awards ended on December 31, 2020.
“We are pleased to have our Steward Global Equity Income Fund recognized as one of the best mutual funds by IBD this year. Winning this award among top industry peers demonstrates that investors can achieve exceptional returns while remaining aligned with their values,” said John Wolf, portfolio manager of Crossmark’s Steward Global Equity Income Fund.
The Crossmark Global Equity Income strategy seeks to provide high dividend income with long-term capital appreciation. The strategy invests in U.S. and non-U.S. dividend-paying stocks that have demonstrated a higher yield within their respective sectors, increasing dividends and favorable earnings growth. We invest in the common stocks of companies that represent a broad spectrum of the global economy. Although the strategy invests primarily in large cap stocks, it is also able to invest in mid-cap and small-cap stocks. The non-U.S. investments are primarily in the form of depositary receipts which are U.S. dollar denominated instruments representing securities of non-U.S. issuers that are traded in the U.S. and in non-U.S. markets.
The principal risks associated with this strategy are general market risk, equity market risk, selection risk, company risk, and foreign securities risk, each discussed below.
“The Best Mutual Funds list is one of our most popular compilations each year because it helps investors find funds that have outperformed over the short, mid and long term, despite substantial changes in market climates,” said Susan Warfel, managing editor of IBD. “While consistently beating benchmarks over multiple timeframes is impressive for any fund, this year’s winners also had to contend with the instability created by a global pandemic. Their accomplishments are truly commendable.”
About Crossmark Global Investments:
Crossmark Global Investments is a faith-based investment management firm that provides a full suite of investment strategies to institutional investors, financial advisors, and the clients they serve. For over 30 years, we have delivered uniquely constructed products based on our proprietary, disciplined, and repeatable process. We are especially known for helping our clients align their investments with their values by creating socially conscious, responsible investment strategies.
About IBD
Investor’s Business Daily is a leading financial news and research organization recognized for proprietary stock screens, comparative performance ratings and a record of identifying stock leaders as they emerge. IBD’s companion website, Investors.com, offers stock tools and research for investors of every level. These include the IBD University learning center, IBD TV market videos and audio interviews, intraday reports on market action and the IBD Stock Checkup®. IBD hosts popular investment workshops and provides Home Study programs based on top-performing growth strategy, The CAN SLIM® Investing System. The newspaper was founded April 9, 1984 by William J. O’Neil, who originated the investing system that has outperformed major market indexes* for decades.
The Steward Funds are distributed by Crossmark Distributors, Inc., member FINRA. Crossmark Distributors is an affiliate of Crossmark Global Investments, Inc., the Steward Funds’ investment adviser. Crossmark Global Investments is an investment adviser registered with the Securities and Exchange Commission that provides discretionary investment management services to mutual funds, institutions, and individual clients.
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. The Fund’s current performance may be lower or higher than quoted. Before investing in a mutual fund, you should read the fund’s prospectus carefully and consider the fund’s investment objectives, risks, charges, and expenses. The prospectus contains this and other information about the fund. To obtain Fund performance as of the most recent month-end or to obtain a copy of the Steward Funds’ prospectus free of charge, call Crossmark Distributors at 888.845.6910.
The Fund may not achieve its objective if the managers’ expectations regarding particular securities or markets are not met. Equity investments generally involve two principal risks—market risk and selection risk. The value of equity securities will rise and fall in response to general market and/or economic conditions (equity market risk). The value of any individual equity security will rise and fall in response to the market’s perception of the issuer’s revenues, earnings, balance sheet, credit worthiness, business plan, and overall perception of the viability of the issuer’s business (selection risk). Investments in securities of issuers in foreign countries involves additional risks not associated with domestic investments. These risks include, but are not limited to: (1) political and financial instability; (2) currency exchange rate fluctuations; (3) greater price volatility and less liquidity in particular securities and in certain foreign markets; (4) lack of uniform accounting, auditing, and financial reporting standards; (5) less government regulation and supervision of some foreign stock exchanges, brokers and listed companies; (6) delays in transaction settlement in certain foreign markets; (7) less availability of information; and (8) imposition of foreign withholding or other taxes.
