HSSIX – Emerald Bkg & Finac Evolution - Ins Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth through capital appreciation; income is a secondary objective. The fund has adopted an investment policy that it will, under normal conditions, invest at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in stocks (both common and preferred) of companies principally engaged in banking or financial services, and collective investment vehicles such as mutual funds and exchange-traded funds that invest in companies that are principally engaged in banking and financial services.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FFBFX	Emerald Banking & Finance Evolution Fund - Investor	No Load	Open			Mar 16, 2010	$4.99M	1.780%	High	$2,000	−$1.23M
HSSIX	Emerald Banking & Finance Evolution Fund - Institutional	Institutional	Open			Mar 19, 2012	$19.88M	1.360%	High	$1M	−$816,844.23
HSSAX	Emerald Banking & Finance Evolution Fund - A	Front Load	Open			Feb 18, 1997	$16.54M	1.840%	High	$2,000	−$3.66M
HSSCX	Emerald Banking & Finance Evolution Fund - C	Level Load	Open			Jul 3, 2000	$818,814.00	2.460%	High	$2,000	−$737,631.25

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