Morningstar rating:
Rated against 1,778 large blend funds
Overall Morningstar RatingTM (based on risk-adjusted performance as of February 28, 2010)
Lipper rating*:
Long-term growth of capital and income.
To pursue its objective, the Fund invests in a diversified portfolio consisting primarily of common stocks. The Fund normally invests at least 80% of its net assets in common stocks. Any change in this 80% policy approved by the Board may not take effect until shareholders have received written notice of the change at least sixty (60) days before it occurs. Current yield is also a consideration for the Fund.
The Fund may be suitable for moderately aggressive investors hoping to achieve long-term growth with current income.
| Date of inception: | 11/18/82 |
|---|---|
| Investment advisory fees: |
0.60%** |
| Other expenses: |
0.34% |
| Total annual fund operating expenses: |
0.94% |
| Less advisor's fees waived/expenses: |
-0.04%† |
| Total net annual fund operating expenses: |
0.90%‡ |
| Lead Portfolio Manager: | James A. Reed, JD, CFA |
| Co-Portfolio Managers: | James L. Moffett, CFA, and Larry L. Valencia, CFA |
| Ticker: | UMBSX |
| Cusip: | 81063U404 |
*
** Under its Investment Advisory Agreement with Scout Funds, on behalf of the Scout Stock Fund and the Scout Growth Fund, Scout Investment Advisors, Inc. will receive investment advisory fees from the Funds based upon an annual rate of 0.60% on the first $1 billion of average daily net assets and 0.575% on average daily net assets over $1 billion.
† Scout Investment Advisors, Inc. has entered into an agreement to waive fees and/or make expense payments through October 31, 2009, so that actual total annual fund operating expenses of the Scout Stock Fund do not exceed 0.90%.
‡ As of June 30, 2009.