The GuideStone Funds™ Defensive Market Strategies Fund-Institutional Share Class was named by Lipper best out of 425 similar funds in the 3-year period and best out of 322 similar funds in the 5-year period in Lipper's Flexible Portfolio Funds category. The 2017 Lipper Fund Awards honor funds for their consistently strong risk-adjusted performance relative to their peers. The accolades were announced at an investment industry awards dinner March 23 in New York. This marks the seventh and eighth times in six years that Lipper has awarded GuideStone® one of its prestigious trophies.
The fund offers a lower-volatility option that aims to deliver equity-like returns at reduced risk when compared to the S&P 500® Index. The fund is designed to participate in the return potential of stocks over time, but at lower risk levels than a traditional stock portfolio.
GuideStone Financial Resources™ President O.S. Hawkins noted the awards bear witness to GuideStone's commitment to honor the Lord by being a lifelong partner with its participants in enhancing their financial security.
"These awards, once again, distinguish GuideStone from all of our peers," Hawkins said. "We are humbled and energized by these awards. As we develop our investment products, we want to ensure that they always reflect the values of the pastors and other church and ministry workers we serve, while not sacrificing performance. We strive for excellence in all we do for God's glory and for the benefit of our participants."
The fund fills a unique position in the market.
"Our team worked diligently in 2011 to create the Defensive Market Strategies Fund, seeking to offer our investors an opportunity to achieve long-term capital appreciation while seeking reduced volatility when compared to the equity markets," said John R. Jones, President of GuideStone Funds and Chief Operating Officer of GuideStone Financial Resources. "We believe this fund helps illustrate the value active management can have in investing environments like we've experienced in the last several months and years."
While this current recognition is the first Lipper trophy for the Defensive Market Strategies Fund, Lipper has previously awarded the GuideStone Funds family with its Best Fund Over 3 Years and Best Fund Over 5 Years in the Corporate Debt A-Rated Funds category for the Extended-Duration Bond Fund in both 2014 and 2015. The MyDestination® 2025 Fund was honored in 2013, and the entire GuideStone Funds complex was honored as the Best Overall Small Fund Family in the U.S., ranking No. 1 out of 182 fund families with up to $40 billion in assets.
"These awards speak to the excellence pursued by our GuideStone Funds team and investment sub-advisers each and every day on behalf of our investors and GuideStone participants," said David S. Spika, Chief Strategic Investment Officer of GuideStone Financial Resources and President of GuideStone Capital Management™, LLC, the adviser to GuideStone Funds. "We believe these awards continue to tell the story that Christian-screened investments do not come with a discount on performance; one can invest according to his or her values and still expect best-in-class returns."
You should carefully consider the investment objectives, risks, charges and expenses of the GuideStone Funds before investing. A prospectus with this and other information about the Funds may be obtained by calling 1-888-GS-FUNDS (1-888-473-8637) or downloading one at GuideStoneFunds.com. It should be read carefully before investing.
GuideStone Funds shares are distributed by Foreside Funds Distributors LLC, not an advisor affiliate.
As of December 31, 2016, GuideStone Funds has $10.6 billion in assets, which makes GuideStone Funds the nation’s largest Christian-screened mutual fund family. No other fund family with a Christian screen exceeds GuideStone Funds in asset size.
The fund may experience negative performance. Lipper designates award-winning funds in most individual classifications for the 3-, 5- and 10-year periods and fund families with high average scores for the 3-year time period.
GuideStone Funds won the Lipper Fund Awards for 2012 Best Overall Small Company Award (1 out of 182 eligible as of November 30, 2011), 2013 Mixed-Asset Target 2025 Fund Award-3 year (1 out of 92 funds as of November 30, 2012), 2014 Corporate Debt A-Rated Fund Award-3 year (1 out of 57 funds as of November 30, 2013), 2014 Corporate Debt A-Rated Fund Award-5 year (1 out of 51 funds as of November 30, 2013), 2015 Corporate Debt A-Rated Fund Award-3 year (1 out of 44 funds as of November 30, 2014), 2015 Corporate Debt A-Rated Fund Award-5 year (1 out of 41 funds as of November 30, 2014), 2017 Flexible Portfolio Funds Award-3 year (1 out of 425 funds as of November 30, 2016) and 2017 Flexible Portfolio Funds Award-5 year (1 out of 322 funds as of November 30, 2016). Awards are based on risk-adjusted total return.
About the 2017 Flexible Portfolio Funds Award (3 year and 5 year): Classification averages are calculated with all eligible share classes for each eligible classification. The calculation periods extend over 36, 60 and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over 3, 5 or 10 years. The GuideStone Defensive Market Strategies Fund-Institutional won for the 3-year and 5-year periods ended 11/30/2016. 425 funds were eligible for the 3-year award and 322 funds were eligible for the 5-year award.
The Defensive Market Strategies Fund may be suitable for investors who have a medium- to long-term investment horizon, possess a moderate tolerance for risk and seek to participate in the return potential of stocks at a slightly lower risk level than an all-stock portfolio. This fund is subject to interest rate risk, meaning, when interest rates rise, the value of the existing bonds decreases and vice versa. Changes in interest rates have a bigger impact on long-duration holdings than on short-duration holdings. The value of convertible securities increases and decreases with the value of the underlying common stock, but may also be sensitive to changes in interest rates. Foreign securities may be subject to greater risk than domestic securities due to currency volatility, reduced market liquidity, and political and economic instability. To the extent that the investment advisor misjudges current market conditions, the fund’s volatility may be amplified by its use of short sales and derivatives and by its ability to select sub-advisers to allocate assets. Short sales by a fund theoretically involve unlimited loss potential since the market price of securities sold short may continuously increase. Leverage may increase the risk of loss and cause fluctuations in the market value of the fund’s portfolio to have disproportionately large effects or cause the NAV of the fund to decline faster than it would otherwise.
Past performance does not guarantee future results. Visit GuideStoneFunds.com for the Funds' current performance.