Crossmark’s Steward Global Equity Income Fund Receives Lipper Award
Houston, Texas – March 11th, 2021 – Crossmark Global Investments is pleased to announce that Refinitiv has awarded the Crossmark Steward Global Equity Income Fund (ticker: SGISX) (the “Fund”) with a Lipper Fund Award for Best Global Equity Income Fund in the ten-year performance category for the period ending November 30, 2020. The Fund has received a Lipper Award for different time periods for seven consecutive years.
The Fund seeks income and long-term capital appreciation by investing in domestic and international dividend-paying stocks. It applies a proprietary set of value screens allowing investors to avoid owning securities in companies choosing to profit from businesses at odds with values-based investing. The Steward Fund Screens exclude companies materially involved with alcohol, tobacco, gambling, life ethics, and mature content. The same screening process is applied to the five other values-based equity and fixed income funds that together constitute the Steward Family of Funds.
The number of peer funds included in the category was 15 for the 10-year period. Each 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.
“It is an honor to have our Global Equity Income Fund recognized by Lipper for the seventh year in a row,” said John Wolf, Managing Director. “These awards validate our commitment and dedication to providing first-class investment solutions to our clients, while honoring their socially responsible investment values.”
“This year’s Refinitiv Lipper Fund Awards recognized the steadfast resolve of award-winning managers and firms who successfully navigated one of the sharpest market downturns and recoveries on record enabling investors to maintain a level of economic confidence amidst a backdrop of uncertainty,” says Robert Jenkins, Head of Research at Lipper Refinitiv. “In a year that endured the impacts of an unprecedented global humanitarian crisis, in which markets reflected investors’ emotions of shock and optimism, there was a degree of solace in having one’s financial fortunes overseen by the stewardship of professional money managers. We congratulate the 2021 Refinitiv Lipper Fund Award winners and wish Crossmark Global Investments continued success.”
The U.S. Lipper Fund Award recognized the Crossmark Steward Global Equity Income Fund (the Fund) on March 11th, 2021, for delivering consistently strong risk-adjusted performance relative to its peers for the 10-year period. The Fund achieved the highest Lipper Leader for Consistent Return (effective return net of expenses) over an individual time period in its classification. In making their evaluations, Lipper reviews funds based on at least 36 months of performance history from the end of the calendar year of the respective evaluation year. More information about the methodology can be viewed here.
About Crossmark Global Investments
Crossmark Global Investments provides a full suite of investment management solutions to institutional investors, financial advisors and the clients they serve. Crossmark has a multi-decade legacy of specializing in faith-based and values-based investing strategies for clients. Founded in 1987, the firm is headquartered in Houston, Texas. Additionally, Crossmark is the exclusive manager of the Crossmark Steward Funds, a fund family that applies an overarching values-based screening methodology to its suite of equity and fixed income funds.
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. A copy of the Steward Funds’ prospectus and performance data current to the most recent month-end may be obtained free of charge by calling Crossmark Distributors at 800.262.6631.
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, 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.
Refinitiv Lipper recognized the Steward Global Equity Income Fund at the U.S. Lipper Fund Awards on March 11, 2021, for delivering consistently strong risk-adjusted performance relative to its peers in the Global Equity Income Funds category for the ten-year period ending 11/30/2020. The number of peer funds included in the category was 15 for the ten-year category.
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
