Summit Everest I
312 Walnut Street Suite 2500 Cincinnati OH 45202
Map
Phone: 888-259-7565
| Category: | Large Value | | Fund Family: | Summit Mutual Funds | | Net Assets: | 66.10M | | Year-to-Date Return: | -34.79% | | Yield: | 2.39% | | Morningstar Rating: |  | | Fund Inception Date: | 29-Dec-99 |
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James R. McGlynn
Lead Manager since
29-Dec-99 | | | McGlynn is managing director and portfolio manager with Summit Investment Partners, his employer since 1999. Previously, he was a portfolio manager for Tom Johnson Investment Management from May 1991 to 1999. Prior to that, he was a portfolio manager with Securities Management and Research from 1987 to 1991. He also served as an assistant portfolio manager for American National Insurance Company. McGlynn holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $250,000 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks primarily long-term capital appreciation, current income is a secondary objective. The fund invests primarily in common stocks. It seeks special opportunities in securities that are selling at a discount. The fund may invest all or a portion of assets in preferred stocks, bonds and convertibles. It may invest up to 20% of assets in financial futures contracts and options and stock index futures contracts and options. |
| Last Dividend
(20-Dec-07):
| 1.04 | | Last Cap Gain
(20-Dec-07):
| 5.03 | | Annual Holdings Turnover
| 51.00% | | Average for Category:
| 60.91% |
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| Expense | SAEVX | Category
Avg | | Total Expense Ratio: | 0.91%
| 1.28% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.42% | | Max Deferred Sales Load: | 0.00%
| 2.66% | | 3 Yr Expense Projection*: |
$295 | $591 | | 5 Yr Expense Projection*: |
$511 | $885 | | 10 Yr Expense Projection*: |
$1,135 | $1,741 |
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2.63% Nasdaq 0.00%
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