Flex-funds Defensive Balanced
Flex-funds
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Phone: 800-325-3539
| Category: | Conservative Allocation | | Fund Family: | Flex-funds | | Net Assets: | 46.07M | | Year-to-Date Return: | 9.41% | | Yield: | 0.85% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Jan-06 |
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Dale Smith
Lead Manager since
31-Jan-06 | | | Smith has been associated with Meeder Asset Management as chief financial officer/chief operating officer since March 2005 and chief investment officer since January 2006. He brings 23 years of financial services experience to Meeder Asset Management, with previous positions as senior vice president, financial services at BISYS Fund Services from 1999 to 2004 and senior vice president, Fund Accounting at BISYS Fund Services from 1996 to 1999. |
| Min Initial Investment: | $0 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks growth of capital. The fund primarily invests in both growth funds, as well as in fixed income securities and mutual funds investing in fixed income securities and other debt instruments. It always invests at least 30%, and may invest up to 70%, of its assets primarily in equity mutual funds (?underlying funds?) investing in common stocks. In the underlying funds, current income will usually be of secondary importance. The Adviser overweights mutual fund types that it believes represent above average market potential relative to market risk. |
| Last Dividend
(31-Dec-08):
| 0.07 | | Last Cap Gain
(20-Dec-07):
| 0.50 | | Annual Holdings Turnover
| 204.00% | | Average for Category:
| 75.40% |
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| Expense | FLDFX | Category
Avg | | Total Expense Ratio: | 2.32%
| 0.86% | | Max 12b1 Fee: | 0.45%
| N/A | | Max Front End Sales Load: | %
| 4.94% | | Max Deferred Sales Load: | %
| 2.64% | | 3 Yr Expense Projection*: |
$ 724 | $638 | | 5 Yr Expense Projection*: |
$ 1,240 | $979 | | 10 Yr Expense Projection*: |
$ 2,656 | $1,930 |
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0.34% Nasdaq 
0.10 (1.11%) 
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