There are a lot of countervailing forces right now both in the economy and the market and of course we can look at events like rate hikes, things along those lines and they eventually show up in the technicals, but the bigger question becomes, as they start to show up in the technicals, what are they showing us?
Click below to listen to Buck Klintworth, Senior Vice President and Portfolio Manager at Chase Investment Counsel, on Money Life with Chuck Jaffe.
The Chase Growth Fund is distributed by Quasar Distributors, LLC.
Safe haven – A type of investment that is expected to retain or increase in value during times of market turbulence. Investors seek out safe havens in order to limit their exposure to losses in the event of market downturns.
The Chase Growth Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The Statutory and Summary prospectuses contain this and other important information about the investment company and may be obtained by calling (888) 861-7556 or visiting www.chasegrowthfund.com. Read carefully before investing.
Mutual fund investing involves risk, principal loss is possible. The Chase Growth Fund may invest in mid-cap companies, which involve additional risks such as limited liquidity and greater volatility. The Chase Growth Fund may invest in foreign securities traded on U.S. exchanges, which involve greater volatility and political, economic and currency risks and differences in accounting methods. Growth stocks typically are more volatile than value stocks; however, value stocks have a lower expected growth rate in earnings and sales.
The S&P 500 is an unmanaged index which is widely regarded as the standard for measuring large-cap U.S. stock market performance.
The S&P MidCap 400 Index, more commonly known as the S&P 400, is a stock market index from S&P Dow Jones Indices. The index serves as a gauge for the U.S. mid-cap equities sector and is the most widely followed mid-cap index.
It is not possible to invest directly in an index.
As of March 31, 2023, the top ten holdings in the Chase Growth Fund were: Nvidia Corporation 6.0%, Microsoft Corp 4.8%, Visa Inc 3.9%, W W Grainger Inc 3.7%, Crocs Inc 3.6%, Apple Inc 3.5%, Ulta Beauty Inc 3.1%, Graphic Packaging Hldg Co 3.1%, Visteon Corp 3.1%, and Salesforce Inc 3.1%. Holdings are subject to change at any time.
The opinions expressed are those of the author and should not be considered a forecast of future events, a guarantee of future events nor investment advice.