WesMark

 
DAILY NAV* DAILY CHANGE*
PORTFOLIO ASSETS$353.94 Million Average Market Capitalization$236.4 Billion

* Daily data . All other data as of

Inception Date
Ticker Symbol
CUSIP
Number of Stocks 53
Average Price / Earnings Ratio 23.32

Portfolio Manager
David B. Ellwood, CFA®

Executive Vice President & Chief Investment Officer

David B. Ellwood, Executive Vice President and Chief Investment Officer, WesBanco Trust and Investment Services, is responsible for investment research and portfolio management. He is President and Portfolio Manager of the WesMark Funds, serving as lead portfolio manager for the WesMark Growth Fund and the WesMark Balanced Fund.

He has more than thirty-five years of experience in investment research and portfolio management.

A graduate of Wheeling Jesuit University, Mr. Ellwood attained the designation of Chartered Financial Analyst in 1988.

Investment Objective

WesMark Growth Fund seeks to achieve capital appreciation. The Fund invests primarily in a diversified portfolio of equity securities of companies with prospects for above-average long-term growth of earnings. The majority of the stocks held in the Fund will be mid- or large-capitalization growth stocks.

Portfolio Management Strategy
  • Fund seeks to provide growth of investors' capital through an actively managed portfolio composed primarily of mid-cap and large-cap U.S. companies' stocks;
  • Invests in companies expected to achieve above average profitability ratios such as operating profit margins or return on equity;
  • Fund management relies on the portfolio team's depth of experience in stock analysis and selection in determining sector and security allocation. 
Risks
STOCK MARKET RISKS

The value of equity securities will rise and fall, and these fluctuations could be a sustained trend or a drastic movement. The portfolio of a Fund investing in equity securities will reflect changes in prices of individual stocks held in the Fund portfolio or general changes in stock valuations. Consequently, the Fund’s share price may decline. The Adviser attempts to manage market risk by limiting the amount the Fund invests in each company’s equity securities. However, diversification will not protect the Fund against widespread or prolonged declines in the stock market.

RISKS RELATED TO INVESTING FOR GROWTH

Due to their relatively high valuations, growth stocks are typically more volatile than value stocks. For instance, the price of a growth stock may experience a larger decline on a forecast of lower earnings, a negative fundamental development, or an adverse market development. Further, growth stocks may not pay dividends or may pay lower dividends than value stocks. This means they depend more on price changes for returns and may be more adversely affected in a down market compared to value stocks that pay higher dividends.

Top 10 Holdings
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Holdings are subject to change.

Fund Performance
Month End Fund Performance
 as of , subject to change
Cumulative Annualized Expense Ratio      
Ticker Inception Daily NAV Net Gross
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Quarter End Fund Performance
 as of , subject to change
Cumulative Annualized Expense Ratio      
Ticker Inception Daily NAV Net Gross
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The Expenses for the Fund as disclosed in the prospectus dated .

Daily NAV table data as of

Performance data quoted represents past performance which is no guarantee of future results. Investment return and principal value will fluctuate so when shares are redeemed, they may be worth more or less than their original cost. Mutual fund performance changes over time and current performance may be lower or higher than what is stated. To receive performance current to the most recent month-end, please call 1-800-864-1013. See the prospectus for other fees and expenses that apply to a continued investment in the funds.

Waivers/reimbursements are voluntary, and can be terminated at any time.

Total return represents the value of an investment after reinvesting all income and capital gains. 

Small company stocks are less liquid and subject to greater price volatility than large capitalization stocks. A portion of the income generated by the municipal and tax-free funds are subject to the federal alternative minimum tax and state and local taxes.

Bond prices are sensitive to changes in interest rates and a rise in interest rates can cause a decline in their prices.

The WesMark Balanced Fund, WesMark West Virginia Municipal Bond Fund, and WesMark Small Company Growth Fund are each the successor to a common trust fund managed by the Adviser. The quoted performance data includes performance for the corresponding common trust fund during periods before the funds' registration statements became effective (on August 1, 2000 for the Small Company Growth Fund; on March 12, 1997 for the West Virginia Municipal Bond Fund; and on March 24, 1998 for the Balanced Fund), as adjusted to reflect the funds' anticipated expenses. The common trust funds were not registered under the Investment Company Act of 1940 ("1940 Act") and therefore were not subject to certain restrictions imposed by the 1940 Act. If the common trust funds had been registered under the 1940 Act, the performance may have been adversely affected.

These performance numbers are pre-tax. Regulations do not require us to provide after tax returns. For after tax returns, call 1-800-864-1013.

For inquiry call: 1-800-864-1013

RECENT INFORMATION

Quarterly Holdings
    Fact Sheets
      XBRL Documents

      Holdings subject to change.