MarketWatch: For stock market investors, there really is a great future in plastic
It’s about how, not where, people spend money, says fund manager Tom Plumb, who’s loaded up on Visa, Mastercard and Discover Financial Services. The Plumb Balanced Fund is unusual in that the stock portion consists of growth-style stocks. That helps to explain how the mutual fund has fared.
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Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-866-987-7888 or visiting www.plumbfunds.com.
Click here for holdings and most recent quarter-end performance for the Plumb Equity Fund and Plumb Balanced Fund.
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Earnings growth is not a measure of the Fund’s future performance.
Gross expense ratio: 1.38%
Plumb Balanced Fund Earns Five Stars; Equity Fund Earns Four Stars
The Plumb Balanced Fund (PLBBX) received a five-star overall rating from Morningstar among 680 funds in Morningstar’s Allocation -50% to 70% Equity Category as of March 31, 2018. The Plumb Equity Fund (PLBEX) received a four-star overall rating among 1,410 funds in the Large Growth Category also as of March 31. The funds are part of Wisconsin Capital funds, which began offering their investment strategies as mutual funds in May 2007. Read more
Morningstar Ratings for the Plumb Balanced Fund (PLBBX) as of 3/31/2018, among moderate target risk funds: 3-yr (5 stars / 680 funds), 5-yr (5 stars / 628), 10-yr (4 stars / 442), for the Plumb Equity Fund (PLBEX) as of 3/31/2018, among large growth funds: 3-yr (5 stars / 1213 funds), 5-yr (4 stars / 1099), 10-yr (3 stars / 779).
The Morningstar Rating™ for funds, or “star rating,” is calculated for mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period has the greatest impact because it is included in all three rating periods.
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