Aquila Three Peaks Opportunity Growth Fund had a notable year in 2019. It was recognized by The Wall Street Journal as a Mid Cap Core Category King during the months of May, July, August, October, November and most recently for one-year performance as of December 31, 2019, when the Fund ranked 5th out of 360 funds in the Lipper Mid Cap Core equity category with a total return of 35.9%. The Fund was also recently recognized by Investor’s Business Daily on a list of growth funds leading the market. We credit this success to our distinctive management process that is rooted in intense research and built on our experience in the high yield market. See the Fund Fact Sheet for quarter-end standardized performance.
In selecting investments for Aquila Three Peaks Opportunity Growth Fund, we begin with the universe of companies we know best – those we follow in managing Aquila Three Peaks High Income Fund. We look for issuers of high-yield corporate debt and companies generating free cash flow and improving the corporate balance sheet by paying down debt.
We attempt to mitigate risk by looking for companies in industries with relatively consistent revenue generation (non-cyclical industries), that have demonstrated the ability to grow even in a low-growth economy. Our strategy is to maintain a broadly diversiﬁed, well researched, well balanced portfolio to reduce volatility. We implement this strategy through a fundamental, bottom-up analysis of each company in which we invest.
If you are looking for an equity fund with a management strategy unlike many of its peers, take a closer look at Aquila Three Peaks Opportunity Growth Fund.
Performance quoted in the Wall Street Journal report may not be current. For current quarter-end standardized performance and disclosure information, please click here. Performance data represents past performance, but does not guarantee future results. Investment return and principal value will fluctuate; shares, when redeemed, may be worth more or less than their original cost; current performance may be lower or higher than the data presented.
Mutual fund investing involves risk; loss of principal is possible.
Performance data represents past performance, but does not guarantee future results. Investment return and principal value will ﬂuctuate; shares, when redeemed, may be worth more or less than their original cost; current performance may be lower or higher than the data presented. Current month-end performance is available at: 800-437-1020 or on this site . An explanation of the share classes appears in the Fund prospectus.
Investment Considerations for Aquila Three Peaks Opportunity Growth Fund: An investment involves certain risks including market risk, financial risk, interest rate risk, credit risk, and risks associated with investments in highly-leveraged companies, lower-quality debt securities, foreign markets and foreign currencies, and potential loss of value.
Investment Considerations for Aquila Three Peaks High Income Fund: Investments in bonds may decline in value due to rising interest rates, a real or perceived decline in credit quality of the issuer, borrower, counterparty, or collateral, adverse tax or legislative changes, court decisions, market or economic conditions. The Fund’s portfolio will typically include a high proportion, perhaps even 100%, of high-yield / high-risk securities rated below investment grade. High-yield corporate bonds generally have greater credit risk than other types of fixed-income securities and may be especially sensitive to economic and political changes or adverse developments specific to the company that issued the bond. The return of principal for the bond holdings in this fund is not guaranteed.
Lipper, Inc., a mutual fund rating service, compiles performance data used to derive their own ranking data. Lipper rankings are based on total return calculations without an adjustment for sales charges. As of December 31, 2019, Lipper placed Aquila Three Peaks Opportunity Growth Fund Class Y in the 4th percentile for the 1-year period within their Mid-Cap Core Category, which on that date included 360 funds. Lipper ratings for other periods are included with the standardized performance data linked in this post.
Before investing in a Fund, carefully read about and consider the investment objectives, risks, charges, expenses, and other information found in the Fund prospectus. The prospectus is available on this site, from your financial advisor and when you call 800-437-1020.