As a risk-conscious manager, Roosevelt believes that protection in down markets can be more meaningful than maximizing excess return on the upside. Roosevelt's emphasis on risk management has produced favorable results, including the protection of capital in down markets and lower volatility than the benchmark and Morningstar peer group.
| Category: Mid-Growth |
3 Year |
5 Year |
| Morningstar Risk |
Low |
Low |
| Standard Deviation |
3 Year |
5 Year |
| Roosevelt Multi-Cap Fund (BULLX) |
16.94 |
17.69 |
| Russell 3000® Index |
21.22 |
21.37 |
Cat. Mid-Cap Growth Avg
|
20.56 |
21.94 |
| Capture Ratio |
|
|
| Up Market Capture* |
69.29% |
81.46% |
| Down Market Capture* |
94.88% |
77.78% |
Source: Morningstar, PSN Informa, 12/31/11
*Versus the Russell 3000 Index
Performance data quoted represents past performance; past performance
does not guarantee future results. The investment return and principal
value of an investment will fluctuate so that an investor's shares, when
redeemed, may be worth more or less than their original cost. Current
performance of the Fund may be lower or higher than the performance
quoted. Performance data current to the most recent quarter end is
available on our website, www.rooseveltmcf.com or by calling
1.877.322.0576.
The Russell 3000® Index is a widely recognized unmanaged index of equity prices and is representative of a broader market and range of securities than is found in the Fund’s portfolio.
Standard Deviation shows the degree of variation in the Fund’s returns and can serve as a useful measure of the Fund's risk. It is measured using monthly observations, but expresses the result on an annualized basis. Market Capture Ratios are a statistical measure of the Fund's overall performance in up markets (positive return periods) and down markets (negative return periods). The market capture ratios are used to evaluate how well an investment performed relative to an index during periods when that index has risen or fallen. The ratio is calculated by dividing the Fund's returns by the returns of the index during the up market or the down market, and multiplying that factor by 100.
Morningstar Risk scores for a given time period (three, five, or 10 years) reflect the Fund’s Morningstar risk score plotted on a bell curve: Monthly calculations are based on whether the Fund scores in the top 10% of its category, its risk score is considered High; if it falls in the next 22.5% Above Average; a place in the middle 35% is Average; those lower still, in the next 22.5%, are Below Average and the bottom Low. Overall Morningstar risk score is a weighted average of the available three, five, and 10 year Morningstar risk scores. Investments with less than three years of performance history are not rated. ©Morningstar, Inc. All Rights Reserved.
At Roosevelt, we view performance from a long-term perspective, not quarter by quarter or year by year. Our goal is to outperform over full market cycles while minimizing risk. Our insistence on mitigating risk and employing a time-tested investment selection process has served investors well since the Fund’s inception.
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent quarter end is available on our website, www.rooseveltmcf.com or by calling 1.877.322.0576.
*Total Annual Operating Expense Ratio for the Fund is referenced in the 3/30/11 prospectus.
The Russell 3000® Index and the S&P 500 Index are widely recognized unmanaged indices of equity prices and are representative of a broader market and range of securities than is found in the Fund’s portfolio. Index returns do not reflect the deduction of expenses, which have been deducted from the Fund’s returns. The Index returns assume reinvestment of all distributions and do not reflect the deduction of taxes and fees. Individuals cannot invest directly in the Index, however, an individual can invest in exchange traded funds or other investment vehicles that attempt to track the performance of a benchmark index. Russell 3000 and S&P 500 Index Performance: the Portfolio Accounting System of Axys 3.6.0 - an Advent licensed product, and PSN Informa.
As a fundamental manager, we believe that people and teamwork matter. The Fund has been managed since its inception in 2001 by Arthur Sheer, Roosevelt Investment’s Chief Investment Officer. Assisting Mr. Sheer on the Fund is a team of experienced portfolio managers and research analysts.
Roosevelt Investment Committee Members
ARTHUR H. SHEER
BULLX Portfolio Manager
Arthur H. Sheer is the Chairman, Chief Executive Officer, and Chief Investment Officer of The Roosevelt Investment Group, Inc. Mr. Sheer was previously the Founder and Chief Executive Officer of Sheer Asset Management, Inc., which he began in 1990 and later expanded in 2002 with the merger of The Roosevelt Investment Group, Inc. He began his career in 1970 as a Securities Analyst at First National Bank of Chicago, and has held various positions in equity research and investment management at Keystone Custodian Funds and Fidelity Management. He also served as the appointed Chief Investment Officer at J. Rothschild and Rothschild affiliated companies. Mr. Sheer earned his BS in Economics from the University of Rhode Island with Phi Kappa Psi honors, and an MBA from Babson College.
ROBERT L. MEYER, CFA
Managing Director and Portfolio Manager
Robert L. Meyer’s association with Roosevelt Investments began in 2005 when the clients of his predecessor company, Ehrlich Meyer Associates, were brought under Roosevelt management. In 2007, he became a Managing Director and member of the Investment Committee at Roosevelt. His prior experience includes Director of Research at two Wall Street brokerages, Fahnestock & Co. and H.C.Wainwright & Co., following his position as an oil and gas analyst and early member of the Institutional Investor Magazine’s All Star Team while a partner at Wainwright. He is a graduate of Harvard College and Harvard Business School and was awarded a CFA charter in 1970.
JOHN ROSCOE, CFA
Portfolio Manager
John Roscoe joined Roosevelt Investments in 2008 as a Portfolio Manager of equity investments. He is currently a member of the Investment Committee. Prior to Roosevelt, Mr. Roscoe was employed by Morgan Stanley Investment Management, where he held a number of different roles in portfolio management and analysis, most recently as Co-Manager of the Dividend Growth Securities Fund. Before joining Morgan Stanley, he served as an analyst on the global large cap equity team at Rockefeller & Co. and as a manager in the Treasury Division of Pfizer. Mr. Roscoe earned a BS in biology and an MBA with a concentration in Finance from Cornell University, and was awarded a CFA charter in 1995.
JASON SHEER, CFA
Portfolio Manager
Jason Sheer joined Roosevelt Investments in 2005 as a Portfolio Manager of equity investments and a Securities Analyst. Mr. Sheer is a member of the Investment Committee. He earned a BA in Philosophy from Tulane University and an MBA in Finance and Investments from the George Washington University. Mr. Sheer received his CFA charter in 2009. He is also a member of the New York Society of Securities Analysts.
JASON BENOWITZ, CFA
Portfolio Manager
Jason Benowitz joined Roosevelt Investments in 2009 as a Securities Analyst. Prior to Roosevelt, Mr. Benowitz was a Principal at Druker Capital, a long/short hedge fund manager, and a Vice President in the U.S. Equity Research Group at Morgan Stanley Investment Management. He was also an investment banking analyst at Merrill Lynch. Mr. Benowitz earned a BA in Computer Science from Harvard College and an MBA in Finance and Accounting from The Wharton School at the University of Pennsylvania, where he was a Palmer Scholar. Mr. Benowitz received his CFA charter in 2010.
NAINESH SHAH, CFA
Senior Securities Analyst and Portfolio Specialist
Nainesh Shah joined Roosevelt Investments in 2002 as a Senior Securities Analyst, having previously served as a member of the investment management team at Sheer Asset Management. Mr. Shah has 16 years of investment experience and is responsible for equity coverage of a broad spectrum of industries with a particular focus on the financial, communication and technology industries. He is also actively involved in the quantitative analysis employed in the firm’s risk modeling process. A native of Bombay, he earned a bachelor’s degree in Industrial Engineering from the University of Baroda, India, and an MBA in Finance from the Dalhousie University in Halifax, Nova Scotia. Mr. Shah received his CFA charter in 1997 and is a member of the New York Society of Securities Analysts.