Investments

 Fidelity  -  Integrity  -  Honesty  -  Loyalty

Mutual Funds

Domestic Equity Mutual Funds

Davis NY Venture Fund:  Consistent with the investment discipline honed by the Davis family for over 50 years, the Fund seeks durable, well-managed businesses that can be purchased at value prices and held for the long term. The Fund also focuses on managing risk as the key to delivering reliable long-term investment results.  Davis NY Venture - NYVTX, NYVCX

Evergreen Large Capital Value Fund:  Seeks total return. (Grantham, Mayo, Van Otterloo & Co. LLC, (Edward Choi)).  Evergreen Website - EILAX, EILCX

Vanguard U.S. Value Fund:  The fund invests primarily in U.S. common stocks, with a focus on value stocks—those that are generally out of favor with investors and that typically (but not always) have lower-than-average price/earnings ratios and higher-than-average dividend yields.  (Grantham, Mayo, Van Otterloo & Co. LLC) Vanguard U.S. Value Fund - VUVLX

Vanguard Explorer Fund:  The fund invests in a diversified group of small-company stocks with prospects for above-average growth. The fund is managed by five advisors, each of whom runs its portion of the fund independently—although all emphasize small-capitalization stocks (those of companies with total market values of $100 million to $1 billion).  (One of Many Partners - Grantham, Mayo, Van Otterloo & Co. LLC)  Vanguard Explorer Fund - VEXPX

Specific Manager or Alternative Mutual Funds

Federated Market Opportunity Fund:   Domestic and foreign securities that are undervalued, out of favor or are attractive due to their income-producing potential. The investment strategy is designed to enable the fund to pursue its investment objective while attempting to limit volatility.  (Steve Lehman - Low Beta/Correlation)  Federated Market Opportunity Fund - FMAAX, FMRCX

Domestic Balanced Mutual Funds

MFS Total Return Fund:  Our team-managed balanced fund maintains an investment mix of stocks and bonds, which historically has been allocated at approximately 60% stocks and 40% bonds. The portfolio follows a conservative approach investing in value stocks and a well-diversified mix of generally higher-quality bonds.  MFS Website - MSFRX, MTRCX

Asset Allocation (All Assets) Mutual Funds

Allianz All Asset Fund:  Seeks maximum real return, consistent with preservation of real capital and prudent investment management.  Manager: Rob Arnott.  (Higher Expense Ratio then Normal)   Allianz All Asset Fund - PASAX | PASCX

Blackrock Asset Allocation Fund:  The fund uses an asset allocation strategy, investing varying percentages of its portfolio in three major categories: stock, bonds and, to a lesser extent, money market instruments.  Blackrock Funds - PCBAX | BRBCX

Evergreen Asset Allocation Fund:  Seeks total return.  Manager:  Grantham, Mayo, Van Otterloo & Co. LLC. (Higher Expense Ratio then Normal)  Evergreen Website - EAAFX | EACFX

Foreign Mutual Funds

Global Mutual Funds

First Eagle Global Fund - SGENX, FESGX, SGIIX [Closed] seeks long-term growth of capital by investing in a wide range of asset classes from markets in the United States and around the world.  This truly global fund is managed with a highly disciplined, bottom-up, value-oriented style that may help to minimize risk. Management searches the globe for undervalued common stocks, bonds, preferred and convertible securities and at times, real estate and gold-related investments. First Eagle Global

Global and Foreign Balanced Mutual Funds

MFS Global Return Fund - MFWTX, MFWCX - our team-managed global balanced fund maintains an investment mix of stocks and bonds, which historically has been allocated at approximately 60% stocks and 40% bonds. The portfolio follows a conservative approach investing in large-cap companies trading at attractive valuations and global bonds. MFS Website

Copyright © [2010] [Latrobe Financial Management: Scott Bryan Hill]