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The
Fund (“WesMark Growth Fund”) strives to meet its investment
goal by selecting growth-oriented stocks of companies
that are expected to achieve higher than average profitability
ratios such as operating profit margin or return on
equity. These stocks are purchased by the Fund only
when their price-earnings ratio in relation to market
averages such as the Standard & Poor’s 500 Index is
within historical ranges.
Although
a company’s earnings may be continually growing, the
Fund may sell such a company if, in the judgment of
the investment adviser, WesBanco Trust and Investment
Services (Adviser), its stock price is excessively
overvalued.
Most
often, these companies will be classified as “large-”
or “mid-” capitalization companies. The Adviser generally
considers companies with market capitalizations over
$1 billion to fall within these classifications. The
Fund’s investment approach is based on the conviction
that, over the long term, the economy will continue
to expand and develop and that this economic growth
will be reflected in the growth of the revenues and
earnings of publicly held corporations. Under normal
market conditions, the Fund will invest at least 65%
of its assets in equity securities of U.S. companies.
Equity securities include common stocks, preferred
stocks, and securities (including debt securities)
that are convertible into common stocks.
Download
the Second Quarter 2008 Fact Sheet for this Fund
The downloadable Fact Sheet is a PDF and requires
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