Download Investment Security Group May 2014 Volume V, Number V

Investment Security Group
May 2014
Volume V, Number V
Replacing Perkins Mid Cap Value Fund
Due to declining performance (relative to their peer group) and some “strategy drift” (frequent holdings
outside of the intended mid-cap space), we have elected to sell longtime holding Perkins Mid Cap
Value(JMCVX) in favor of Schwab U.S. Mid-Cap ETF(SCHM). Schwab U.S. Mid-Cap ETF seeks to track the
Dow Jones U.S. Mid-Cap Total Stock Market Index, which consists of the next 500 stocks after the largest
500, which we believe represents an appropriate selection of mid-cap (ie. “mid-sized”) stocks for your
portfolios. Additionally, the fund has the lowest expense ratio of any mid-cap ETF fund and on the Schwab
platform may be traded without a transaction fee.
This trade will apply to all of our managed accounts. Please contact your ISG advisor should you have any
further questions.
Sincerely,
The ISG Investment Team
Investment Security Group – 4601 DTC Blvd., Suite 600, Denver, CO 80237 - (303)759-9808