Crossmark’s Steward Global Equity Income Fund Awarded Lipper Award by Refinitiv
Houston, Texas – March 24, 2023 – Crossmark Global Investments, a faith-based investment management firm, is delighted to announce that Refinitiv has awarded the Steward Global Equity Income Fund (ticker: SGISX) (the “Fund”) a 2023 Winner Lipper Fund Award for Best Global Equity Income Fund in the ten-year performance category for the period ending November 30, 2022. This is the ninth consecutive year that the Fund has received an award.
“It is an honor to receive an award that supports our philosophy of providing clients with both values-based products and strong returns,” says Crossmark Global Investments’ Chief Investment Officer, Bob Doll. “To be recognized for nine consecutive years highlights our commitment to helping our clients go further with their investments.”
“The 2023 Refinitiv Lipper Fund Awards recognize those award winning managers who navigated their shareholders through the impacts of a global pandemic and then the perfect storm of economic shocks leading to generational inflation pressure and global central bank interventions. Prospects for potential recessionary forces taking hold and subdued returns across most major asset classes in 2023, highlights the need for adept stewardship of one’s investments. Fund managers will need to guide their investors through these challenging times and position them favorable for the eventual recovery. We applaud the 2023 Refinitiv Lipper Fund Award winners such as Crossmark Global Investments for delivering outperformance and the accompanying comfort of consistency to investors’ portfolios through a cross-current of global economic disruptions.” Robert Jenkins, Head of Research, Lipper, Refinitiv.
The Lipper Fund Awards from Refinitiv recognized the Steward Global Equity Income Fund at the U.S. Lipper Fund Awards on March 23, 2023, for delivering consistently strong risk-adjusted performance relative to its peers in the Global Equity Income Fund category for the 10-year period ending November 30, 2022. The number of peer funds included in the category was 20 for the 10-year period. The award was based on the Fund achieving the highest Lipper Leader for Consistent Return value (effective return net of expenses) over the stated time period. Based on Lipper’s quantitative, proprietary methodology, the awards reflect a truly independent and uncompromised assessment of fund performance. More information on the methodology can be found at this link.
To learn more about Crossmark, visit the firm’s website, crossmarkglobal.com, or LinkedIn page.
About Crossmark Global Investments
Crossmark Global Investments is a faith-based firm that creates, manages, and distributes values-based investment strategies that equip financial intermediaries and their clients to align their wealth with their passions and convictions. For over 30 years, the firm has delivered uniquely constructed products based on its proprietary, disciplined, and repeatable process. Founded in 1987, the firm is headquartered in Houston, Texas.
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 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.
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, creditworthiness, business plan, and overall perception of the viability of the issuer’s business (selection risk). Investments in securities of issuers in foreign countries involve 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.
The Fund’s values-based screening policies exclude certain securities from the universe of otherwise available investments. As a result, the Fund may not achieve the same performance it otherwise may have in the absence of the screening process. If the Fund has invested in a company that is later discovered to be in violation of one or more screening criteria and liquidation of an investment in that company is required, selling the securities at issue could result in a loss for the Fund.
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
NOT FDIC INSURED – MAY LOSE VALUE – NO BANK GUARANTEE
