New Century Balanced is
dedicated to a philosophy...diversification can reduce risk without
sacrificing performance. The Portfolio's objective is to earn income
and, as a secondary objective, to provide capital growth. New
Century maintains rigorous investment qualifications for the mutual funds in
which it invests: strong performance, reasonable risk-adjusted
returns and consistent management styles. Diversification does not
assure or guarantee better performance and cannot eliminate the risk
of investment loss.
Diversification through a blend
of value and growth investments allocated among large-cap,
mid-cap, small-cap and international equity positions and among
domestic, high-yield and foreign fixed-income positions.
Access to no-load mutual funds,
institutional funds and ETFs
Disciplined ranges in both equity and
fixed-income categories reduce risk
Investments are not limited to a
single fund family or institution
Active management consistently
monitors fund objectives and performance
Simplified year-end tax reporting on
a single tax statement
The New Century Balanced
Portfolio seeks to achieve its investment objective by investing
primarily in shares of registered investment companies that
emphasize investments in equities such as common stocks, preferred
stocks or securities convertible into stocks (domestic and foreign),
in fixed income securities such as fixed rate debt, variable rate
debt or high yield, lower rated debt instruments (domestic and
foreign), or in a composite of such securities.
The Balanced Portfolio will use a variety of investment techniques
designed to generate dividends (including dividends of funds in
which we invest that are derived from interest) and other income.
The Balanced Portfolio will diversify its equity and fixed
income investments by investing primarily in investment companies
that concentrate in different segments of the equity markets and
investment companies that concentrate in different segments of the
fixed income markets. For
example, the portion of the Balanced Portfolio that is invested in
equities may be invested in investment companies that emphasize
growth, growth and income, equity income, small-capitalization and
foreign equities. The
portion of the Balanced Portfolio that is invested in fixed income
securities may be invested in investment companies that emphasize
domestic, high yield (including lower rated) and foreign fixed
Balanced Portfolio will maintain not less than 25% of its assets in
fixed income investments by selecting underlying funds that invest
in such securities.
Solomon, who has 14 years
of investment experience,
joined New Century Portfolios in 2015 as Vice President and
Portfolio Manager for the Capital, Balanced, and International
Assistant Portfolio Manager for the Alternative Strategies Portfolio.
Mr. Solomon has been with Weston Financial Group, Inc. since July 2014 as Vice
President and Portfolio Manager, and most recently, Mr. Solomon also
assumed the role of Director of Investment Research for Weston
Financial Group, Inc. Mr. Solomon is a Committee Member
at the Boston Security Analyst Society and CFA Institute Member.
William F. LeFavor, is a Vice President of the New Century
Portfolios and has been an Assistant
Capital, Balanced, and International Portfolios since 2012. Mr.
LeFavor has been with the Weston Financial Group, Inc. since 2005
an Assistant Vice President and a Financial Counselor. Mr. LeFavor is a CFPģ
practitioner and also a Registered Representative of Weston
Securities Corporation, the Trustís principal underwriter.
The performance data quoted represents past performance. The
investment return and principle value of an investment will
fluctuate so that an investor's shares, when redeemed, may be worth
more or less than the original investment. Past performance does not
guarantee future results, and current performance may be lower or
higher than the performance data quoted. Total return figures are
net of fees and include reinvestment of all dividends and capital
For the fiscal year ended 10/31/16, The New
Century Balanced Portfolio had an expense ratio of 1.50% with an
acquired fund expense ratio of 0.65%. The Acquired Fund Expense
Ratio reflects the fees and expenses incurred by the New Century
Balanced Portfolio for the fiscal year ended 10/31/16, as
a result of its investment in other registered investment companies.
These expenses are not incurred directly by shareholders.
Investors should take into consideration the investment objectives,
risks, charges and expenses of the New Century Portfolios carefully
before investing. The Prospectus contains these details and other
information and should be read carefully before investing. Click
here to view a current Prospectus.
Morningstar Ratings reflect risk-adjusted performance and are
derived from a weighted average of the fundís 3-, 5- and 10-year (if
applicable) Ratings. For the periods ended February 28, 2017 the fund
received 2-Stars Overall among 723 funds, 2-Stars for the 3-year,
5-year and 10-year
periods among 723, 616 and 429 funds, respectively, in the Morningstar Allocation--50% to 70% Equity category.
The Morningstar Ratings formula measures the amount of variation in a fundís performance and gives more emphasis to downward variations. Ratings are subject to change every month. The top 10% of the funds in the category receive 5 stars; the next 22.5% 4 stars; the next 35% 3 stars; the next 22.5 2 stars; and the last 10% 1 star.
©2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Copyright 2000 -
2017 by Weston
Securities Corporation. All rights reserved.