Who Should Invest: Those investors who are seeking higher returns than comparable term CDs and money markets. This fund is designed to provide stability, safety and liquidity.
Strategy: The fund manager invests primarily in U.S. Treasury bills, treasury notes, agency securities, collateralized mortgage obligations, repurchase agreements, commercial paper and other short-term fixed income instruments.
Performance Summary
(Period ending January 31, 2010)
A brief record of the historical performance of the BFSC Money Market Fund (yellow) against the relevant benchmark (white) follows:
|
Historical Performance
|
Baptist Foundation of SC
Money Market Fund
|
Composite Index
|
|
Prior 12-Mo Avg
|
0.40%
|
0.26%
|
| January 2010 |
0.11%
|
0.06%
|
| December 2009 |
0.14%
|
0.08%
|
| November 2009 |
0.16%
|
0.08%
|
| October 2009 |
0.19%
|
0.10%
|
| September 2009 |
0.21%
|
0.12%
|
| August 2009 |
0.25%
|
0.15%
|
| July 2009 |
0.36%
|
0.21%
|
| June 2009 |
0.48%
|
0.29%
|
| May 2009 |
0.59%
|
0.37%
|
| April 2009 |
0.63%
|
0.44%
|
| March 2009 |
0.66%
|
0.51%
|
| February 2009 |
1.05%
|
0.70%
|
| January 2009 |
1.43%
|
1.01%
|
| December 2008 |
1.92%
|
1.43%
|
| November 2008 |
2.60%
|
1.90%
|
| October 2008 |
2.84%
|
2.24%
|
|
September 2008
|
2.58%
|
2.34%
|
| August 2008 |
2.50%
|
2.32%
|
|
July 2008
|
2.52%
|
2.31%
|
|
June 2008
|
2.58%
|
2.35%
|
| May 2008 |
2.74%
|
2.44%
|
|
April 2008
|
2.95%
|
2.67%
|
|
March 2008
|
3.43%
|
3.08%
|
|
February 2008
|
3.87%
|
3.50%
|
|
January 2008
|
4.58%
|
4.38%
|
|
December 2007
|
4.85%
|
4.63%
|
|
November 2007
|
5.01%
|
4.68%
|
|
October 2007
|
5.19%
|
4.91%
|
|
September 2007
|
5.27%
|
5.08%
|
|
August 2007
|
5.22%
|
5.05%
|
|
July 2007
|
5.19%
|
5.00%
|
|
June 2007
|
5.19%
|
4.99%
|
|
May 2007
|
5.19%
|
4.99%
|
|
April 2007
|
5.19%
|
5.00%
|
|
March 2007
|
5.20%
|
5.00%
|
|
February 2007
|
5.20%
|
5.00%
|
|
January 2007
|
5.18%
|
5.00%
|
|
December 2006
|
5.19%
|
5.00%
|
|
November 2006
|
5.18%
|
4.99%
|
|
October 2006
|
5.19%
|
4.99%
|
|
September 2006
|
5.19%
|
5.00%
|
|
August 2006
|
5.20%
|
4.99%
|
|
July 2006
|
5.16%
|
4.94%
|
|
June 2006
|
4.93%
|
4.76%
|
|
May 2006
|
4.84%
|
4.62%
|
|
April 2006
|
4.68%
|
4.47%
|
|
March 2006
|
4.50%
|
4.31%
|
|
February 2006
|
4.30%
|
4.17%
|
|
January 2006
|
4.15%
|
4.01%
|
|
December 2005
|
4.04%
|
3.90%
|
|
November 2005
|
3.81%
|
3.67%
|
|
October 2005
|
3.59%
|
3.48%
|
