Mutual Fund
The Burkenroad Mutual Fund (HHBUX is the ticker symbol for the load fund and HYBUX is the ticker symbol for the no-load fund), is managed by Hancock Bank. Hancock’s investment managers utilize the Burkenroad Reports as well as other sources, and the fund is primarily composed of stocks followed by the Burkenroad program. Since inception (12/31/01) the fund has outperformed about 94% of domestic equity mutual funds and has significantly outpaced both the Russell 2000 and S&P 500 indexes, although appropriate risk adjustments need to be made.
Read more about this topic: Burkenroad Reports
Famous quotes containing the words mutual and/or fund:
“Then, anger
was a crease in the brow
and silence
a catastrophe.
Then, making up
was a mutual smile
and a glance
a gift.
Now, just look at this mess
that you’ve made of that love.
You grovel at my feet
and I berate you
and can’t let my anger go.”
—Amaru (c. seventh century A.D.)
“I am advised that there is an unexpended balance of about $45,000 of the fund appropriated for the relief of the sufferers by flood upon the Mississippi River and its tributaries, and I recommend that authority be given to use this fund to meet the most urgent necessities of the poorer people in Oklahoma.”
—Benjamin Harrison (1833–1901)