|
DAILY NAV* |
DAILY CHANGE* |
|
PORTFOLIO ASSETS $309.01 Million |
* Daily data as of . All other data as of 03/31/2025
| Fund Inception Date | 04/14/1997 |
| Ticker Symbol | WMKGX |
| CUSIP | 951025204 |
| Number of Stocks | 54 |
Portfolio Manager
Robert "Bob" McGee, CFA®
Senior Vice President and Chief Investment Strategist
Bob McGee, CFA®, Senior Vice President and Chief Investment Strategist, WesBanco Trust and Investment Services, is responsible for developing and communicating the company's investment and economic outlook, as well as providing portfolio management and asset allocation guidance. He is President and Portfolio Manager of the WesMark Funds, serving as lead portfolio manager for the WesMark Balanced Fund, WesMark Government Bond Fund, WesMark Large Company Fund, WesMark Small Company Fund, and WesMark Tactical Opportunity Fund.
Bob joined WesBanco Trust and Investment Services in 2023 and has more than 30 years of experience in investment research, portfolio management and portfolio construction. He has a deep understanding of the global and local financial markets and a proven track record of success in managing investment portfolios.
Bob earned a Bachelor of Arts in Finance from Indiana University of Pennsylvania and a Masters of Business Administration from Carnegie Mellon University. Mr. McGee is also a Chartered Financial Analyst.
Investment Objective
WesMark Large Company Fund seeks to achieve capital appreciation. The Fund primarily invests in a diversified portfolio of equity securities in companies with prospects for above-average sustainable growth while trading at reasonable valuations. The majority of the stocks in the Fund will have a market capitalization level that is consistent with the S&P 500 Index at the time of purchase.
Portfolio Management Strategy
- Fund seeks to provide growth of investors' capital through an actively managed portfolio composed of domestic equities will have a market capitalization level that is consistent with the S&P 500 Index at the time of purchase;
- Invests in companies expected to achieve above average profitability ratios such as operating profit margins or return on equity, while trading at reasonable valuations;
- 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.
Top 10 Holdings
as of 03/31/2025, subject to change
| Apple Inc. | 7.8% |
| Microsoft Corp. | 6.3% |
| Alphabet Inc. | 5.2% |
| Amazon.com Inc. | 4.6% |
| Mastercard Inc. | 3.7% |
| NVIDIA Corp. | 3.5% |
| Meta Platforms Inc. | 3.5% |
| Broadcom Inc. | 3.2% |
| JP Morgan Chase & Co. | 2.6% |
| RTX Corp. | 2.5% |
| Totalas a % of Net Assets | 42.9% |
Holdings are subject to change and do not constitute a recommendation or solicitation to buy or sell a particular security. Current and future portfolio holdings are subject to risk.
Fund Performance
Month End Fund Performance as of 04/30/2025, subject to change
| Cumulative | Annualized | Expense Ratio† | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | Ticker | Performance Inception |
Daily NAV‡ | 3 MO | YTD | 1 YR | 5 YR | 10 YR | Net | Gross | |
| Large Company Fund | WMKGX | 4/14/1997 | -11.89% | -8.67% | 5.94% | 12.85% | 9.22% | 1.16% | 1.16% | ||
| S&P 500 Total Return Index | -7.50% | -4.92% | 12.10% | 15.61% | 12.32% | ||||||
Quarter End Fund Performance as of 03/31/2025, subject to change
| Cumulative | Annualized | Expense Ratio† | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | Ticker | Performance Inception |
Daily NAV‡ | 3 MO | YTD | 1 YR | 5 YR | 10 YR | Net | Gross | |
| Large Company Fund | WMKGX | 4/14/1997 | -7.23% | -7.23% | 2.88% | 16.30% | 9.41% | 1.16% | 1.16% | ||
| S&P 500 Total Return Index | -4.27% | -4.27% | 8.25% | 18.59% | 12.50% | ||||||
†The Expenses for the Fund as disclosed in the prospectus dated 03/04/2025. The Expense Ratio represents the operating costs borne by the fund, expressed as a percentage of the fund's average net assets, listed as "Total Annual Fund Operating Expenses" in the Fees and Expenses of the Fund table in the prospectus.
‡ 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.
The S&P 500® measures the performance of 500 large-cap U.S. companies. The S&P 500 is not adjusted to reflect sales charges, expenses or other fees that the SEC requires to be reflected in the Fund's performance. The index is unmanaged and unlike the Fund, it is not affected by cash flows. It is not possible to invest directly in an index.
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 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 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
