|By PR Newswire||
|July 30, 2014 04:22 PM EDT||
INDIANA, Pa., July 30, 2014 /PRNewswire/ -- Stewart Capital Advisors, LLC (SCA), a subsidiary of S&T Bank, is pleased to announce that the Stewart Capital Mid Cap Fund (SCMFX) has been named to the Charles Schwab's Mutual Fund OneSource Select List® for the third quarter of 2014. The Mutual Fund OneSource Select List is a list of no-load and no-transaction fee mutual funds that have passed rigorous screening for performance, risk, and expenses by the Charles Schwab Investment Advisory, Inc.
The Fund is one of only six mid-cap funds among the 20 third-party funds selected for the Small- and Mid-Cap U.S. Stock Category. The Select Lists are widely used by portfolio and financial consultants in portfolio construction for their clients, and they are important tools available for self-directed individual investors at Schwab to help them make informed investment decisions.
"We are pleased and excited to learn that the Stewart Capital Mid Cap Fund has been selected to be on the Mutual Fund OneSource Select List®," said Malcolm Polley, president and chief investment officer, Stewart Capital Advisors. "Our process focuses on buying businesses not stocks, on long-term trends not short term noise; and we are thrilled to have independent validation of the portfolio team's discipline and hard work."
The Stewart Capital Mid Cap Fund seeks long-term capital appreciation by investing primarily in equity securities of a relatively small number of intensively researched U.S. companies the adviser believes sell at a discount to their true business worth or intrinsic value.
The Fund invests primarily in undervalued mid-cap stocks and therefore is subject to the possibility that value stocks or mid-cap stocks may temporarily fall out of favor or perform poorly relative to other types of investments. While stocks of mid-cap companies may be slightly less volatile than those of small-cap companies, they still involve substantial risk. Because the fund invests in a relatively limited number of securities, it may present greater risk than a more broadly diversified portfolio.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
You should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. For a prospectus, or a summary prospectus, that contains this and other information about the Fund, please contact Schwab's Mutual Fund OneSource® service at 800.435.4000 or go to www.schwab.com/funds. Please read the prospectus, or summary prospectus, carefully before investing.
Stewart Capital Mutual Funds are distributed by UMB Distribution Services, LLC, located at 235 West Galena Street, Milwaukee, WI, 53212.
About Charles Schwab Mutual Fund OneSource Select List
More information on the Charles Schwab's Mutual Fund OneSource Select List, as well as the full list of funds, can be found on the Mutual Funds page of the Charles Schwab website under OneSource Select List. The OneSource Select List is provided for informational purposes and should not be considered as an individualized recommendation. Schwab produces the list quarterly to help investors navigate the vast number of funds available through Schwab and identify funds that might be appropriate for their portfolios.
About Stewart Capital Advisors, LLC
Stewart Capital Advisors, LLC (SCA), a subsidiary of S&T Bank, is based in Indiana, Pennsylvania and is an SEC registered investment advisory firm specializing in the management of value-styled portfolios, in addition to serving as the investment adviser for Stewart Capital Mutual Funds. SCA offers separate account management for public funds, corporations, endowments, foundations, and other subadvised accounts. For more information, visit stewartcap.com. SCA currently has over $1 billion in assets under management.
SOURCE Stewart Capital Advisors, LLC
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