KANSAS CITY, Mo.--(BUSINESS WIRE)--Scout Investments, Inc. (Scout) announced today that the Scout Mid Cap Fund (UMBMX) received a 2017 Lipper Fund Award as best mid-cap core fund for the 10-year period ending November 30, 2016.
“Lipper’s recognition of the Scout Mid Cap Fund highlights the value of our consistent, active approach to finding attractively valued, high-quality mid-cap companies,” said Patrick Dunkerley, Lead Portfolio Manager. “I’m proud of our team’s strong results for shareholders and am thrilled our investment approach has been recognized with a Lipper Award,” added Andy Iseman, Chief Executive Officer of Scout Investments.
The Scout Mid Cap Fund is managed by a team of five investment professionals led by veteran Patrick Dunkerley, Lead Portfolio Manager. The remaining members of the team are Co-Portfolio Managers John Indellicate, Derek Smashey and Jason Votruba along with Craig West, Senior Investment Analyst. The investment process combines top-down macroeconomic analysis with detailed bottom-up research to construct a diversified portfolio of mid-cap companies.
The Lipper Fund Awards were presented in New York City on March 23, 2017, and recognize fund management firms and individual funds that have excelled in providing consistently strong risk-adjusted performance relative to peers.
About Scout Investments
Scout Investments, Inc., a global asset manager headquartered in Kansas City, Mo., manages more than $27B* in equity and fixed income investment strategies for institutions and individual investors (*as of December 31, 2016). The Scout Funds are distributed by UMB Distribution Services, LLC, (235 W Galena St, Milwaukee WI 53211) an affiliate of UMB Financial Corporation and managed by Scout Investments, Inc., a subsidiary of UMB Financial Corporation. Please visit scoutinv.com for more information on our firm and our products.
About the Lipper Fund Awards
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world’s top funds, fund management firms, sell-side firms, research analysts, and investor relations teams.
The Lipper Fund Awards are calculated for periods over 36, 60 and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over 3-, 5- or 10-years. 81 Mid-Cap Core Funds were eligible for this award for the 10-year period ending November 30, 2016. For more detailed information about Lipper’s methodology please click here. The Fund may have experienced negative performance during one or more of the time periods represented by the Lipper award.
Past performance is no guarantee of future results.
The Fund’s prospectus or summary prospectus, available by calling 800.996.2862, or visiting scoutinv.com, include investment objectives, risks, fees, expenses, and other important information. Please read and consider carefully before investing.
Mid cap risk considerations: Mid-cap stocks may temporarily fall out of favor or perform poorly relative to other types of investments. While stocks of mid-cap companies may be slightly less volatile than those of small-cap companies, they still involve substantial risk. Real Estate Investment Trusts (REITS) may be affected by economic conditions including credit risk, interest rate risk and other factors that affect property values, rents or occupancies of real estate. Foreign investments present additional risks due to currency fluctuations, economic and political factors, government regulations, differences in accounting standards and other factors. Investments in emerging markets involve even greater risks. Groups of stocks, such as value and growth, go in and out of favor, which may cause certain funds to underperform other equity funds.
The Fund may, at times, experience higher-than-average portfolio turnover which may generate significant taxable gains and increased trading expenses which in turn may lower the Fund’s return. Diversification does not guarantee a profit or guarantee against a loss.
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NOT FDIC INSURED – NO BANK GUARANTEE – MAY LOSE VALUE