2 / 5 Stars
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Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#129 in Moderate Allocation
U.S. News evaluated 251 Moderate Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 9.92 percent over the past year, 7.59 percent over the past three years, 12.10 percent over the past five years, and 4.47 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-2.1%|
|3 Years (Annualized)||7.6%|
|5 Years (Annualized)||12.1%|
|10 Years (Annualized)||4.5%|
The investment seeks to produce capital appreciation with less risk than would be present in a portfolio of only common stocks. The fund invests primarily in shares of the New Covenant Growth Fund (the "Growth Fund") and the New Covenant Income Fund (the "Income Fund"), with a majority of its assets generally invested in shares of the Growth Fund. Between 45% and 75% of the fund's net assets (with a "neutral" position of approximately 60% of the fund's net assets) are invested in shares of the Growth Fund, with the balance of its assets invested in shares of the Income Fund.
Fees are Low compared to funds in the same category.
New Covenant Balanced Growth Fund has an expense ratio of 0.14 percent.
Risk is Average compared to funds in the same category according to Morningstar.