Who Should Invest: Investors seeking competitive income with long-term growth potential, who are comfortable with greater volatility than CDs, money markets and T-Bills. The fund may be used to diversify a balanced portfolio containing common stocks to lower overall variability of returns.
Strategy: The fund consists of a AA rated portfolio of investment grade bonds with an emphasis on lower and moderate duration securities. The portfolio is well-diversified among several categories including: US Treasuries and agency securities, commercial and residential mortgage-backed securities, asset-backed securities, corporate bonds and high-grade global fixed income securities.
Performance Summary
(Period ending July 31, 2010)
A brief record of the historical performance of the Fixed Income Fund (yellow) against the relevant benchmark (white) follows:
|
Historical Performance
|
Baptist Foundation of SC
Fixed Income Fund
|
Composite Index
|
|
Qtr
|
2.3%
|
2.2%
|
|
1 Yr
|
6.8%
|
5.7%
|
|
3 Yrs
|
6.4%
|
6.1%
|
|
5 Yrs
|
5.4%
|
5.2%
|
|
10 Yrs
|
5.4%
|
5.2%
|
|
2009
|
7.1%
|
4.3%
|
|
2008
|
2.8%
|
5.1%
|
|
2007
|
7.4%
|
7.8%
|
|
2006
|
4.2%
|
4.2%
|
|
2005
|
1.0%
|
1.1%
|
|
2004
|
2.9%
|
2.7%
|
|
2003
|
4.1%
|
3.6%
|
|
2002
|
8.4%
|
7.9%
|
|
2001
|
7.6%
|
7.3%
|
