Investment objective & strategy
As of April 29, 2025 · prospectusObjective. The Fund seeks to maximize long-term capital appreciation, while incorporating Catholic values investing principles in the investment process.
Strategy. The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The Fund primarily invests in companies the Adviser believes are likely to have above-average growth in revenues and/or earnings, above-average returns on shareholders equity, potential for above-average capital appreciation, and/or companies the Adviser believes have attractive relative valuations. The Fund may invest in equity securities of small, mid and large capitalization companies, including dividend paying securities. From time to time, in pursuing its investment strategies, the Fund may hold a significant percentage of its investments in specific sectors of the economy, such as the information technology sector. However, as the sector … The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The Fund primarily invests in companies the Adviser believes are likely to have above-average growth in revenues and/or earnings, above-average returns on shareholders equity, potential for above-average capital appreciation, and/or companies the Adviser believes have attractive relative valuations. The Fund may invest in equity securities of small, mid and large capitalization companies, including dividend paying securities. From time to time, in pursuing its investment strategies, the Fund may hold a significant percentage of its investments in specific sectors of the economy, such as the information technology sector. However, as the sector composition of the Funds portfolio changes over time, the Funds exposure to the information technology sector may be lower at a future date, and the Funds exposure to other market sectors may be higher. The Fund seeks to invest in the equity securities of high quality companies, as determined by the Adviser, that typically exhibit certain characteristics, including high profitability levels, strong balance sheet quality, competitive advantages, ability to generate excess cash flows, meaningful management ownership stakes, attractive reinvestment opportunities, and/or strong market share positions. These equity securities primarily consist of common stocks, American Depositary Receipts (ADRs), and real estate investment trusts (REITs). The Fund practices socially responsible investing within the framework provided by the United States Conference of Catholic Bishops Socially Responsible Investment Guidelines (Catholic Guidelines). The Catholic Guidelines reflect the United States Conference of Catholic Bishops investment guidelines with respect to companies that engage in, participate in, or otherwise support activities related to, among other things, abortion, contraceptives, embryonic stem cells, human cloning, human rights, weapons production, and pornography. The Funds investment approach incorporates the Catholic Guidelines through a combination of screening portfolio companies based on criteria set forth in the Catholic Guidelines, dialogue with companies whose policies and practices conflict with the Catholic Guidelines, and/or potentially excluding from the Funds portfolio the securities of those companies that are unwilling to alter their policies and practices over a reasonable period of time. The Adviser monitors companies selected for the Fund for policies on various issues contemplated by the Catholic Guidelines. If the Fund invests in a company whose policies and practices are inconsistent with the Catholic Guidelines, the Adviser may attempt to influence the company or sell the companys securities or otherwise exclude future investments in such company.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ALPHABET INC CL A | — | $3.16M | 5.79% |
| NVIDIA CORP | — | $2.62M | 4.79% |
| MICROSOFT CORP | — | $2.22M | 4.07% |
| L3HARRIS TECHNOLOGIES INC | — | $2.07M | 3.79% |
| APPLE INC | — | $2.03M | 3.72% |
| CORTEVA INC | — | $1.88M | 3.45% |
| STRYKER CORP | — | $1.81M | 3.31% |
| AMAZON.COM INC | — | $1.67M | 3.05% |
| TRIMBLE INC | — | $1.63M | 2.99% |
| SHERWIN WILLIAMS CO | — | $1.60M | 2.94% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| LKCM Equity Fund · LKEQX | 41% | 0.80% |
| LVIP Nomura Social Awareness Fund | 31% | 0.43% |
| DANA EPIPHANY EQUITY FUND · ESGIX | 31% | 0.85% |
Advisers
| Firm | Role |
|---|---|
| LUTHER KING CAPITAL MANAGEMENT CORPORATION | Adviser |
Footnotes
- Expense ratio as of April 29, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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