Ferreting Out Undervalued Large Caps
By: Kate Stalter
Forbes article featuring Portfolio Manager Randy Cain of the ASTON/Herndon Large Cap Value Fund.
Click here to read the article (869 KB, PDF)
On March 31, 2013 the holdings percentage in the portfolio was as follows: Copa Holdings 2.50%, Exxon Mobil Corp. 2.29%, Apple Inc. 1.59%, Microsoft Corp. 2.00%, and IBM 2.12%. Mention of stocks is not a recommendation to buy or sell securities. Aston Funds has no editorial control over the content of the article or subject matter, and is independent of Forbes.com.
As of 3/31/13 the 12 month turnover of the Fund is 81%. The article refers to the Subadviser’s composite turnover of 65% since the strategy inception on 6/30/02.
Note: Value investing involves buying the stocks of companies that are out of favor or are undervalued. This may adversely affect the Fund’s value and return.
Parameters set by the Subadviser are not a fundamental policy of the Fund and are subject to change at any time.
The Russell 1000 Value Index is an unmanaged capitalization weighted index made up of companies with lower price to-book ratios. Indices are adjusted for the reinvestment of capital gains and income dividends. Individuals cannot invest in an index.
The Russell 1000 Index is unmanaged and has a capitalization-weighted index comprised of approximately 1,000 of the largest companies in the U.S. equity markets, and is a subset of the Russell 3000 Index. Indices are adjusted for the reinvestment of capital gains and income dividends. Individuals cannot invest in an index.
Before investing, carefully consider the fund’s investment objectives, risks, charges and expenses. Contact 800-992-8151 for a prospectus or a summary prospectus containing this and other information. Read it carefully.
Aston Funds are distributed by Foreside Funds Distributors LLC.
Investment Advisor Services:
800-597-9704 or www.astonfunds.com