08/26/2015

Aquila Three Peaks Opportunity Growth Fund – Bloomberg feature

by

Bloomberg Markets published a feature describing the distinctive aspects of the Aquila Three Peaks Opportunity Growth Fund investment strategy, which co-portfolio manager Sandy Rufenacht summarized as “return on debt paydown”.   Investment ideas for the Fund originate with high-yield bond research and the identification of high-yield issuers that plan to pay down debt, thereby improving the corporate balance sheet.  Mr. Rufenacht and co-manager Zach Miller search for companies with balance sheets that “have enough leverage to propel shareholders’ equity, but not so much leverage that they’re looked down on in the high-yield market”.  This brand of high-yield bond research and a conservative approach to the high-yield market are also deployed in the management of Aquila Three Peaks High Income Fund.

Sandy Rufenacht also discussed the Aquila Three Peaks Opportunity Growth Fund investment strategy during a Bloomberg TV interview on August 25, 2015 in which reference was made to the article.

Earlier this year, Lipper recognized Aquila Three Peaks Opportunity Growth Fund with a 2015 Lipper Fund Award based on the 3-year performance period ending 12/31/2014.  The Wall Street Journal has repeatedly included the Fund in its Category Kings report in their mid-cap core category.

In an interview published on the Aquila Group of Funds website, Mr. Rufenacht described his approach to searching for “companies demonstrating their fiscal responsibility by paying down debt and generating the free cash flow to do so—cash flow that ideally is earmarked for debt paydown through covenants.”  Both Aquila Three Peaks Opportunity Growth Fund and Aquila Three Peaks High Income Fund are managed following a consistent and disciplined investment approach aligned with the guiding principles of Aquila Group of Funds.

Additional information on Aquila Three Peaks Opportunity Growth Fund, including current performance, is available on this site.

Before investing in a Fund, carefully read about and consider the investment objectives, risks, charges, expenses, and other information found in the Fund prospectus, which is available on this site, from your financial advisor, and when you call 800-437-1020.