Advance Capital I Balanced Retail
Advance Capital I IncOne Towne Square,Suite 444Southfield, MI 48076
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Phone: 800-345-4783
| Category: | Moderate Allocation | | Fund Family: | Advance Capital I | | Net Assets: | 164.97M | | Year-to-Date Return: | 6.53% | | Yield: | 1.67% | | Morningstar Rating: |  | | Fund Inception Date: | Aug 4, 1987 |
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Christopher M. Kostiz
Lead Manager since Jan 31, 1995 | | | 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: | 10,000 | | Min Initial Investment, IRA: | 2,000 | | 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 capital growth, current income and preservation of capital.
The fund invests in a mixed portfolio of common stocks and investment grade bonds, and normally invests approximately 60% of its total assets in common stocks and 40% in fixed income securities. Under normal circumstances, equity securities will represent at least 25% of total assets. Fixed income securities may represent as much as 75%, but not less than 25% of total assets. The fund invests in stocks of companies that are considered to have good growth potential, regardless of the size of the company. It may hold a limited amount of cash to be used for redemptions. |
| Last Dividend
(Apr 29, 2013)
:
| 0.02 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| 49.00% | | Average for Category: | 71.92% |
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| Expense | ADBAX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 1.07% | 0.98% | | Prospectus Net Expense Ratio: | 1.06% | N/A | | Prospectus Gross Expense Ratio: | 1.06% | N/A | | Max 12b1 Fee: | 0.25% | N/A | | Max Front End Sales Load: | N/A | 5.29% | | Max Deferred Sales Load:
| N/A | 2.51% | | 3 Yr Expense Projection*: | 337 | 597 | | 5 Yr Expense Projection*: | 585 | 921 | | 10 Yr Expense Projection*: | 1,294 | 1,819 |
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0.10(0.54%) May 17