PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Fidelity Independent Advisor

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Top ETF Mutual Fund Navigator NAVFX Changes Name to ETF Market Opportunity Fund ETFOX - The Navigator Fund (NAVFX), which recently earned five stars from Morningstar and the distinction of Lipper Leader for Preservation of Assets from Lipper Fund Services, announced that it will be changing its name to the ETF Market Opportunity Fund
Top ETF Mutual Fund Navigator NAVFX Changes Name to ETF Market Opportunity Fund ETFOX

 

NewswireToday - /newswire/ - Old Chatham, NY, United States, 2009/02/02 - The Navigator Fund (NAVFX), which recently earned five stars from Morningstar and the distinction of Lipper Leader for Preservation of Assets from Lipper Fund Services, announced that it will be changing its name to the ETF Market Opportunity Fund.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The new symbol for the ETF Market Opportunity Fund will be ETFOX.

ETFOX, launched in early 2004, has a beta of 0.75 and has bested the S&P 500 by more than 3% a year, after management fees, since inception. At least 80% of the fund is invested in ETFs, and while the fund can employ both small cap equity and cash equivalents, it has been classified as “Large Growth” by Morningstar.

Fund manager Paul Frank utilizes both a mathematical model, based on the Sharpe ratio and Modern Portfolio Theory, and a “fundamental filter” to minimize both security specific risk and systematic risk. Frank has managed the day to day operations and portfolio composition of the fund since inception on April 30, 2004.

The Objective of the Fund

• The ETF Market Opportunity Fund seeks capital appreciation.

The Principal Investment Strategies and Policies of the Fund
• Under normal market conditions the Fund invests primarily in common stocks and exchange traded funds.
• The Fund invests in common stocks and exchange traded funds without regard to market capitalization.
• The Fund’s investment strategy includes both growth and value style investing.
• The Fund is a “non-diversified” portfolio, which means it can invest in fewer securities at any one time than diversified portfolios. Also, the Fund may participate in a limited number of industry sectors.

• The Fund may hold all or a portion of its assets in cash or cash-equivalents like money market funds, certificates of deposit, short-term debt obligations, and repurchase agreements, either due to pending investments or when investment opportunities are limited. Under these circumstances, the Fund may not participate in stock market advances or declines to the same extent it would had it remained more fully invested in common stocks.

• The Fund may invests in exchange traded funds that hold foreign securities and American Depositary Receipts ("ADRs").
• The Fund may engage in short-term trading.
• The Fund may invest in other securities as described in the Statement of Additional Information, which is available upon request.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Fidelity Independent Advisor

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


Top ETF Mutual Fund Navigator NAVFX Changes Name to ETF Market Opportunity Fund ETFOX

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Paul Frank - FidelityAdviser.com 
1-800-239-9136 support[.]etfmutualfund.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Fidelity Independent Advisor securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Fidelity Independent Advisor / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations
Western Union Business Solutions Announce Mark Davis As Head of Australia and New Zealand
Tabarak Investment Capital and Elite Capital & Co. Limited in Discussion to Finance Projects
Consulting Magazine Unveils the Profession’s Fastest Growing Firms At Inaugural Gala
Hills Invest Signs An Agreement with The Afore Profuturo in Mexico
TRA Searches for TPA Acquisition Opportunities

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)