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International Stock Fund

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Fund Objective: The International Stock Fund seeks long-term growth of capital.
 
Investment Strategies: The International Stock Fund invests at least 80% of its assets in foreign equity securities. The fund invests primarily in relatively large capitalization stocks of issuers located or operating in developed countries. The subadviser typically maintains the fund's portfolio in stocks which it believes have a low market price relative to their perceived value based on fundamental analysis of the issuing company and its prospects. This is sometimes referred to as a "value" approach. It may also invest in foreign debt and other income bearing securities at times when it believes that income bearing securities have greater capital appreciation potential than equity securities.
 
Fund Updates
Shareholder Newsletter(288 KB)
 
Style
Portfolio Management

Subadvised by Lazard Asset Managment

   

The fund is managed by Madison Asset Management. Lazard Asset Management subadvises the fund. Lazard is well known on Wall Street for well over a century of disciplined, globe-spanning investment experience.


Key Highlights (as of Friday September 03, 2010)
  Class A Class B Class Y
Daily Price 9.79 9.62 9.80
Ticker Symbol MINAX MINBX  
Inception Date 12/29/1997 12/29/1997  6/30/2006


Quarterly Performance Fund Fact Sheet (pdf)
Prospectus and Financial Reports

Links to other MEMBERS Funds information:
Daily Price Summary
Performance Summary
Account Applications and Forms
Tax Information

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Portfolio Highlights (as of June 30, 2010)
Top Ten Fund Holdings (as of June 30, 2010):  
Sanofi-Aventis S.A. 2.9%
Novartis AG 2.6%
Yahoo! Japan Corp. 2.4%
Anheuser-Busch InBev N.V. 2.4%
Unilever PLC 2.3%
Daito Trust Construction Co., Ltd. 2.2%
Siemens AG 2.0%
Canon, Inc. 2.0%
Esprit Holdings, Ltd. 1.9%
GlaxoSmithKline PLC 1.9%
   
Developed Market Stocks 87.6%
Emerging Market Stocks 8.5%
Cash 3.9%
   
% of Fund in Top Ten Securities 22.6%
Turnover 85.20%
Net Assets $88.3 million
 

Foreign securities have additional risks, including exchange rate changes, political and economic unrest, relatively low market liquidity and the potential difference in financial and accounting controls and standards.

 

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*MEMBERS® Mutual Funds are distributed by Mosaic Funds Distributor, LLC.

For more complete information about MEMBERS® Mutual Funds, including charges and expenses, obtain a prospectus from your representative, by calling 1-800-877-6089 or by clicking on the prospectus section to view or download a prospectus. Read it carefully before you invest or send money. Consider the investment objectives, risks and charges and expenses of the investment carefully before investing. The prospectus contains this and other information about the investment company.

MEMBERS® Mutual Funds are not deposits in, or obligations of, and are not guaranteed by, any financial institution and are not federally insured.




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