BOSTON, MA--(Marketwire - February 11, 2011) - The Eventide Gilead Fund (
Performance as of 1/31/2011:
1 month | 3 months | 1 year | Inception (annualized) | |||
Eventide Gilead | 3.66% | 16.00% | 24.90% | 14.07% | ||
S&P 500 | 2.37% | 9.23% | 22.19% | 2.67% |
Performance as of 12/31/2010:
1 month | 3 months | 1 year | Inception (annualized) | |||
Eventide Gilead | 10.24% | 15.69% | 18.46% | 12.95% | ||
S&P 500 | 6.68% | 10.76% | 15.06% | 1.80% |
Expenses ratios- Gross Expenses 4.13%, Net Expenses 1.63%. The advisor has agreed to maintain the Fund's total annual operating expenses at 1.63% until October 31, 2011.
Eventide invests in companies that operate with integrity and create value for customers, shareholders, and society. According to Fund portfolio manager Finny Kuruvilla, MD, PhD, "Eventide actively manages the Gilead Fund in pursuit of performance that is not merely reflective of the movement of broad market indices. We believe this provides better diversification benefits for our investors and allows for a greater potential for outperformance."
The Gilead Fund is managed by Eventide Asset Management, LLC, a Boston-based investment advisor practicing values-based and socially responsible investing.
Eventide Gilead Fund's no-load class (ETGLX) was named Category King in February, March, May, June, and October of 2009 and January 2011 by the Wall Street Journal for being among the top funds in the midcap core category by year-to-date or trailing one-year performance. The performance pertains to the no-load* class. The Fund offers multiple classes of shares for which performance will differ, based upon fees and commissions. *Other expenses that apply to a continued investment in the fund are described in the Fund's prospectus.
The S&P 500 is an index created by Standard & Poor's and is considered to represent the performance of the stock market generally. It is not an investment product available for purchase.
Performance is historic and does not guarantee future results. Investment return and principal value will fluctuate with changing market conditions so that when redeemed, shares may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain the most recent month end performance information or the fund's prospectus please call the fund, toll free at 1-877-771-EVEN (3836). You can also obtain a prospectus at www.eventidefunds.com
An investor should consider the Fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the Eventide Gilead Fund can be found in the Fund's prospectus. Please read the prospectus carefully before investing. The Fund is distributed by Matrix Capital Group, Inc., New York, NY 10017.
Contact Information:
Contacts:
The Eventide Gilead Fund
Robin John
877-771-EVEN (3836) x55