Hickory Fund : Overview

Fund Statistics

As of December 31, 2018
Total Net Assets (Millions) $189.7
Net Asset Value (NAV) as of 03/20/19 $46.76
Expense Ratio %* 1.26%
Sales Charges None
Redemption Charge None
Minimum Investment $2,500
Ticker Symbol WEHIX
CUSIP Number 94904P500
Fund Number 332
Inception Date April 1, 1993
Fund Managers

Morningstar Rating :

As of February 28, 2019

Morningstar Style Box :

As of February 28, 2019
Mid-Cap Blend

Hickory Fund Objective

The Hickory Fund is a concentrated, no-load stock fund that focuses on smaller and medium-sized companies, those with a market capitalization of less than $10 billion at the time of purchase.  The Fund's long-term objective is capital appreciation.

Effective June 30, 2008, Hickory Fund adopted its current principal investment strategy of investing the majority of its assets in smaller- and medium-sized companies. 

 

*6 mos. ended 9/30/18
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The Morningstar RatingTM for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Hickory Fund was rated against the following numbers of Mid-Cap blend funds over the following time periods: 382 funds in the last three years, 335 funds in the last five years, and 235 funds in the last ten years. Past performance is no guarantee of future results.