Advance Capital I Core Equity Inst
Advance Capital I IncOne Towne Square,Suite 444Southfield, MI 48076
Map
Phone: 800-345-4783
| Category: | Large Value | | Fund Family: | Advance Capital I | | Net Assets: | 12.26M | | Year-to-Date Return: | 10.43% | | Yield: | 0.63% | | Morningstar Rating: |  | | Fund Inception Date: | Jan 1, 2008 |
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Christopher M. Kostiz
Lead Manager since Jan 1, 2008 | | | Christopher M. Kostiz, earned his undergraduate degree in Finance from Michigan State University and his MBA in Finance from Wayne State University. Mr. Kostiz currently serves as President of ACM and Senior Portfolio Manager for the Advance Capital I, Inc. Funds. In his role, he directs the strategy and structure of the Funds. Mr. Kostiz has served as manager of the Retirement Income Fund and the Balanced Fund since 1995, as a portfolio manager of the Equity Growth Fund since 2002 and the Core Equity Fund since inception in 2008. |
| Min Initial Investment: | 250,000 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks long-term growth of capital.
The fund strives to reach its investment objective under normal market and economic conditions by investing, under normal circumstances, at least 80% of net assets in the equity securities of a diversified group of large company stocks with a market capitalization of more than $4.5 billion at the time of purchase. These companies may be headquartered in the U.S. or in foreign countries. Generally, the fund will invest in 75 to 125 stocks at any given time. |
| Last Dividend
(Dec 30, 2012)
:
| 0.07 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 19, 2013)
:
| 42.00% | | Average for Category: | 91.94% |
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| Expense | ADCNX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.04% | 1.21% | | Prospectus Net Expense Ratio: | 1.15% | N/A | | Prospectus Gross Expense Ratio: | 1.15% | N/A | | Max 12b1 Fee: | 0.00% | N/A | | Max Front End Sales Load: | N/A | 5.39% | | Max Deferred Sales Load:
| N/A | 2.37% | | 3 Yr Expense Projection*: | 365 | 533 | | 5 Yr Expense Projection*: | 633 | 833 | | 10 Yr Expense Projection*: | 1,398 | 1,678 |
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0.05(0.40%) May 23