Historical Fund Returns
Fund Fact Sheet
Learn more about the fund in detail through this pdf.
- The Fund will invest in quality, high dividend paying equities with strong balance sheets. The Fund will also only invest in countries with positive macro-economic fundamentals (including but not limited to: trade surpluses, low government debt, high interest rates relative to other developing nations, and low inflation.) Seeks a high level of current income and may also consider the potential for capital appreciation.
- Management adheres to a controlled investment process with Peter Schiff as the Investment Committee Chairman.
The High Yield Fund invests in high yield securities that meet the objectives of the Fund. These securities may be of the same issuer that are in the Value Fund. The Fund may also invest in foreign issuers who are denominated in currencies other than the U.S. dollar and in securities of issuers located in emerging countries denominated in any currency.
The Fund may also engage in foreign currency transactions for hedging purposes including cross hedging or for speculative purposes.
The Fund may make substantial investments in derivative instruments, including options, financial futures, swaps, option on swaps, structured securities and other derivative investments.
Derivative instruments may involve a high degree of financial risk. These risks include the risk that a small movement in the price of the underlying security or benchmark may result in a disproportionately large movement, unfavourable or favourable, in the price of the derivative instrument; risks of default by counterparty; and the risks that transactions may not be liquid.
For Investors who are:
- Speculative and long term
- Income oriented
Special Risk Factors:
Foreign Securities – The Fund invests primarily in foreign securities, which are generally riskier than U.S. securities. As a result, the Fund is subject to foreign risk, meaning that political events (such as civil unrest, national elections and imposition of exchange controls), social and economic events (such as labor strikes and rising inflation), and natural disasters occurring in a country where the Fund invests could cause the Fund’s investments in that country to experience gains or losses.
Currency Risk – Because the Fund generally invests in securities denominated in foreign currencies, the Fund is subject to currency risk, meaning that the Fund could experience gains or losses based solely on changes in the exchange rate between foreign currencies and the U.S.
Offering of the Global High Yield Equity Fund SCC
50,000,000 Shares are being offered at USD 10.00 during the initial offering, which will end on Month, Day, Year and thereafter at the NAV on the applicable Valuation Date.
There is no minimum on the amount to be raised in this offering. Until redeemed, all subscriptions, once made, are irrevocable to the subscriber.
Fees and Expenses
Class O: 4.75% sales load and a 2.00% annual expense ratio