Centerstone Investors Fund
Data updated: 2021-03-01
C000167586 — Centerstone Investors Fund. Commodity · $239.35M AUM · 2.17% expense ratio · 2.7% 1-yr return. Holdings, fees, performance and SEC filings.
C000167586 Fund Overview
Centerstone Investors Fund is a US mutual fund managed by Centerstone Investors Trust, categorised as Commodity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Centerstone Investors Trust
- Category: Commodity
- Assets under management: $239.35M
- 1-year return: 2.7%
- SEC CIK: 0001663503
- SEC series ID: S000053249
- Share class ID: C000167586
C000167586 Investment Objective and Strategy
Centerstone Investors Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Centerstone Investors Trust.
Investment objective
The investment objective of the Centerstone Investors Fund (the Investors Fund) is to seek long-term growth of capital.
Principal investment strategy
To achieve its objective of long-term capital growth, the Investors Fund will normally invest at least 60% of its net assets in equity and equity related securities and up to 40% of its total assets in fixed income instruments (without regard to credit rating or time to maturity). The Investors Fund may also invest in cash and cash equivalents. The Investors Fund primarily invests its assets in common stocks (and securities convertible into common stocks) of U.S. and foreign companies. The Investors Fund may also invest in foreign and domestic preferred equity securities and American Depositary Receipts (ADRs). The Investors Fund may generally invest in the following fixed income securities: notes, bills and debentures, bank debt obligations, high-yield debt securities rated below investment grade, convertible securities, Rule 144A securities (Rule 144A securities are restricted securities that can be resold to qualified institutional buyers but not to the general public); and securities issued by supranational organizations and sovereign debt securities.
The Investors Fund may invest up to 20% of its total assets in lower-rated or defaulted debt securities (including so-called junk bonds), corporate debt, comparable unrated debt securities, or other indebtedness (or participations in the indebtedness) of such companies. The Investors Fund may also invest up to 10% of its total assets in precious metals such as gold or silver, or in instruments related to such precious metals such as commodity contracts, options on such contracts, structured notes and exchange-traded funds (ETFs). The Investors Fund may invest in the foregoing securities or assets directly or gain exposure to such securities or assets indirectly by investing in ETFs or other investment companies. The Investors Fund particularly seeks companies that have financial strength and stability, strong management and fundamental value.
The Adviser will follow a global, bottom-up oriented long-term investment philosophy. The Investors Fund will focus its investments in areas where the Adviser finds the most compelling opportunities at any given moment and on situations that, in the Advisers opinion, have the potential for capital appreciation. The investment philosophy and strategy of the Investors Fund seeks a margin of safety in investments with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to intrinsic value is sought even for the best of businesses, with a deeper discount demanded for companies that the Adviser views as under business model, balance sheet, management or other stresses.
Investment decisions for the Investors Fund are made without regard to the capitalization (size) of the companies in which it invests. The Investors Fund may invest in any size company, including large, medium and smaller companies. Under normal circumstances, the Investors Fund anticipates it will allocate a significant amount of its net assets to foreign investments. That generally means that at least 15% of the Investors Funds net assets will be allocated to foreign investments (the Investors Fund expects at least 30% of its equity investments will normally be in foreign equities). The Adviser may invest the Investors Funds assets in any region of the world. It may invest in companies based in emerging markets, typically in the Far East, Latin America and Eastern Europe, however, the emphasis will be in companies operating in developed countries, such as those of the U.S., Canada, Japan and Western Europe.
The Investors Fund may invest a portion of its assets in derivative instruments. These include forward contracts and futures contracts. The Investors Fund may invest in derivatives primarily to seek to hedge exposure to certain markets and securities and/or for speculative (i.e., non-hedging) purposes. The Investors Fund may seek to hedge its exposure to foreign currencies, typically through the use of foreign currency derivatives, including currency forward contracts and may engage in currency transactions with counterparties to gain or reduce exposure to certain currencies or to generate income or gains. The Adviser will consider selling a security when it determines that such security no longer offers fundamental value or financial strength and stability.
C000167586 Performance
Total returns for C000167586 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 2.7% |
C000167586 Risk Information
Risk metrics for C000167586, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 28.6%
C000167586 Costs and Fees
C000167586 costs about $217 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.17%
- Gross expense ratio: 2.24%
- Portfolio turnover: 50%
- Brokerage commissions: 8.40 bps of average net assets (SEC N-CEN)
C000167586 Cashflows
Over the 12 months to 2020-12, Centerstone Investors Fund had net inflows of $258.55M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-12 | $14.52M |
| 2020-11 | $7.92M |
| 2020-10 | $6.98M |
| 2020-09 | $13.43M |
| 2020-08 | $7.97M |
| 2020-07 | $10.00M |
C000167586 Debt Constituents
No individual debt constituents are reported in Centerstone Investors Fund's latest SEC N-PORT filing.
C000167586 Prospectus and SEC Filings
Official Centerstone Investors Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-08-10
- Prospectus (485BPOS) — filed 2019-08-19
- Prospectus supplement (497) — filed 2018-08-21
- Portfolio holdings (N-PORT) — filed 2021-03-01
- Portfolio holdings (N-PORT) — filed 2020-11-25
- Portfolio holdings (N-PORT) — filed 2020-08-28
- Annual census (N-CEN) — filed 2020-06-15
- Annual census (N-CEN) — filed 2019-06-14
Related Funds
Other Commodity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.