Is GuideStone a member of SIPC?
No, only a broker-dealer can be a member of SIPC. Your GuideStone mutual funds are purchased directly from GuideStone and are held by the funds’ transfer agent, not by a broker-dealer.
What are Asset Allocation Funds?
Each Asset Allocation Fund is a “fund of funds.” It invests in a different mix of the Select Funds to meet a specified investment strategy. The Adviser believes blending investment styles and money managers may reduce risk over the long term.
What are Date Target Funds?
Each Date Target Fund is a “fund of funds.” It invests primarily in a diversified mix of the Select Funds based on an asset allocation strategy that gradually reduces stock exposure and increases bond exposure as the targeted retirement date approaches. The Adviser believes blending asset classes, investment styles, and money managers may reduce risk over the long term.
What are Fund Expenses?
Every mutual fund has operating expenses to pay for services such as advisory, distribution, administration and custody. The fund’s expenses are shown as an annual percentage of its average annual net assets. Operating expenses are deducted from fund assets so you pay these expenses indirectly.
What are Growth Funds?
Growth funds invest in the stock of growth oriented companies seeking maximum growth of revenues and earnings with little regard for dividends. Generally, companies with high relative rates of growth tend to reinvest more of their profits into the company and pay out less to shareholders in the form of dividends. As a result, investors in growth funds tend to receive most of their return in the form of capital appreciation.
What are GS2 and GS4?
These are the designations for the two share classes of GuideStone Funds. For complete information on each share class, please refer to the prospectus.
What are Select Funds?
Select Funds invest directly in different types of fixed income obligations, stocks or other investments to meet their respective investment objectives.
What are Value Funds?
Value funds generally emphasize stocks of companies that are believed to be fundamentally attractive based on certain valuation factors. These stocks generally have growth prospects regarded as subpar by the market. Reflecting these market expectations, the prices of value stocks typically are below-average in comparison with such factors as revenue, earnings, book value and dividends.
Who is GuideStone Capital Management?
GuideStone Capital Management serves as the investment adviser to the Funds. The Adviser is an affiliate of GuideStone Financial Resources of the Southern Baptist Convention (“GuideStone Financial Resources”). Rather than making the day-to-day investment decisions for the Select Funds, the Adviser retains the services of other investment management firms to do so. It also allocates the Date Target Funds’ and Asset Allocation Funds’ investments among the Select Funds.