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DALLAS (GS)-GuideStone Funds marked its five-year anniversary as a registered mutual fund family Aug. 28 with a celebration and a challenge to remain competitive, flexible and committed. The investment funds are sponsored by GuideStone Financial Resources of the Southern Baptist Convention.
GuideStone Funds was launched Aug. 27, 2001, with total assets of $7 billion and five years later the opening balance Aug. 28, 2006, was $8.56 billion. GuideStone Funds offers 17 registered fund options in an array of investment classes with 13 different investment objectives and characteristics.
The anniversary also highlights an update of the fund performance pages to include five-year performance data, a user-friendly and interactive Web display and comprehensive information available to GuideStone participants.
"It has been an exciting and challenging five years," said O.S. Hawkins, GuideStone Financial Resources president. "Though the Sept. 11, 2001, terrorist attacks, accounting scandals and a recession during our early days challenged the entire market, I believe where we stand now is a testimony to the hard work and expertise of our GuideStone Capital Management team, which serves as the registered investment advisor for the funds, and our sub-advisers."
When GuideStone Funds was launched in 2001-as AB Funds Trust-eligible investors were limited to Southern Baptist ministers and employees of Southern Baptist agencies, institutions and churches. Today, that market has been expanded to include like-minded evangelical churches and ministries.
For more information about the five-year anniversary, visit www.guidestonefunds.org/5year. For a copy of the prospectus other information about the funds, please call 888-98-GUIDE (888-984-8433) or visit www.GuideStoneFunds.org to view or download a prospectus.
GuideStone Funds shares are distributed by PFPC Distributors, Inc., 760 Moore Rd., King of Prussia, PA 19406.
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