WesMark Funds

WesMark Tactical Opportunity Fund


Selected Data as of September 30, 2017
Portfolio Assets
$22.07 Million
Inception Date
03/01/2017
Ticker Symbol
WMKTX
CUSIP
951025600
Number of Issues
25
   
Investment Objective
The WesMark Tactical Opportunity Fund seeks to achieve capital appreciation by resourcefully shifting the asset mix of the Fund in response to changing prospects for returns in capital markets. The portfolio’s asset allocation, which is designed to benefit from inconsistencies presented in, but not limited to, valuation levels, interest rate outlook, and economic and market opportunities. It is expected that during normal market conditions that the Fund's allocation to equities or fixed income investments will not exceed 85% of the Fund’s assets. With respect to its investment in equity securities, the Fund may invest in large cap stocks, small- and mid-cap stocks and international equity securities (including emerging market equity securities). With respect to its investment in fixed income securities, the Fund may invest in domestic or foreign securities, corporate or sovereign, and of any quality or duration.
 
Portfolio Management Strategy
  • The Fund seeks to provide growth of investors’ capital through dynamically investing across asset classes to deliver returns over a variety of market conditions.

  • Our strategy is driven by monitoring numerous business cycle indicators, combined with real-time evaluation of fundamentals, valuations, and asset class trends in order to create a more broadly diversified portfolio, which is expected to have less correlation to broader asset classes.

  • Our proactive and disciplined approach attempts to reduce overall volatility and produce a more consistent compounding of returns.
Risks
The Tactical Opportunity Fund will make dynamic changes to the Fund's asset class mix based on a number of factors including but not limited to economic opportunities and expected changes in asset class valuations or underlying fundamentals. As a result, the Fund's exposure to different asset classes may not be optimal for market conditions at a given time.

An investment in the Fund involves risks, including loss of principal. The Fund anticipates that it will predominately invest in exchange-traded funds (ETFs), this may result in higher fees and expenses for a Fund, because the Fund and its shareholders will bear a pro rata portion of the ETF's fees and expenses. Investment in the Fund is subject to investment risks, including, without limitation, market risk, credit risk, interest rate risk, risks related to ETF net asset value and market price, foreign securities risk, commodity risk, manager risks, risks of investing in real estate investment trust (REITs), and risks related to company size. More information about these and other risks can be found in the Fund's prospectus.

Diversification does not eliminate the risk of experiencing investment losses.

 

 
SCOTT LOVE
Portfolio Manager

 


 

 

The WesMark Tactical Opportunity Fund is new and has limited operating history.

For more complete information, view the prospectus or contact your investment professional for a prospectus. You should consider the fund's investment objectives, risks, charges, and expenses carefully before you invest. Information about these and other important subjects is in the fund's prospectus, which you should read carefully before investing.

Mutual funds are not bank deposits or obligations, are not guaranteed by WesBanco Bank or its affiliates, and are not insured or guaranteed by the FDIC, the Federal Reserve Board, or any other government agency. Investment in mutual funds involves risk, including possible loss of the principal amount invested.

The WesMark Funds are not offered for sale in all states or jurisdictions. Shares of the WesMark Funds may not be offered or sold in any state or jurisdiction unless registered or qualified in that jurisdiction or unless an exemption from registration or qualification is available. As of January 1, 2011 shares of the WesMark Funds are not offered for sale in Alaska, Guam, Maine, Nevada, New Hampshire, Puerto Rico, South Dakota, Vermont, Virgin Islands, or Wisconsin. In addition to the jurisdictions listed above, shares of the WesMark West Virginia Municipal Bond Fund are not offered for sale in Alabama, Kansas, Massachusetts, New Mexico, Oregon, South Carolina or Wisconsin. Prospective investors should inquire as to whether shares of a particular fund are available for offer and sale in their state of residence. Call 800-864-1013 for more details. The information on this website is neither an offer to sell nor a solicitation of an offer to buy in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful in such state or jurisdiction.