Quality Growth Fund
The fund seeks to provide growth of capital, with income as a secondary objective.
| Share Class | Ticker | CUSIP | Inception |
|---|---|---|---|
| Class A | FSQGX | 316786797 | 11/20/92 |
| Class B | FSBQX | 316786433 | 10/11/00 |
| Class C | FSQCX | 316786789 | 4/25/96 |
| Institutional | FQGIX | 316786771 | 8/11/98 |
Investment Approach
We believe that earnings growth and reasonable valuations are the main catalysts which drive stock prices. We buy stocks of companies that —
- Possess prospects for consistent, above-average revenue and earnings growth, improving profit trends, and positive investor sentiment coupled with solid operating momentum
- Have quality management, low debt ratios and strong fundamentals
Sell Discipline
We consider selling one of our holdings when —
- The stock's rising price reaches our valuation target
- We see an unfavorable change in the company's fundamentals, particularly within growth prospects
- There is a deterioration in a company's management or financial reporting
- We discover a better investment opportunity
Portfolio Characteristics
As of 12.31.11
| Total Net Assets | $283,403,127 |
| Number of Securities Held | 67 |
| **Portfolio Turnover Rate | 88% |
| Average Market Capitalization | $88.1B |
| P/E Ratio | 17.8 |
| P/B Ratio | 4.2 |
| Beta | 0.94 |
| *Alpha | -0.16% |
| *Sharpe | 0.04 |
| *R2 | 96.67% |
| *Standard Deviation | 20.42% |
Funds
U.S. Equity Funds
Fixed Income Funds
Money Market Funds
Structured Products
Specialty Products

