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Statutory Prospectus
SMEAD FUNDS TRUST Supplement dated July 24, 2020 to the Prospectus dated March 30, 2020 Smead Value Fund Investor Class Shares (SMVLX) Class A Shares (SVFAX) Class C Shares (SVFCX) Class I1 Shares (SVFFX) Class R1 Shares (SVFDX) Class R2 Shares (SVFKX) Class Y Shares (SVFYX) This Supplement updates certain information contained in the Smead Value Fund Prospectus dated March 30, 2020. You should retain this Supplement and the Prospectus for future reference. Additional copies of the Prospectus may be obtained free of charge by calling the Fund (toll-free) at 877-807-4122 or by visiting the Fund’s website at http://smeadcap.com/smead-value-fund/. The last sentence of the paragraph in the section “Fees and Expenses of the Fund” in the Summary on page 1 of the Prospectus is hereby deleted in its entirety and replaced with the following: More information about these and other discounts and waivers is available from your financial professional and under “Shareholder Information – Class A Sales Charge Reductions and Waivers” beginning on page 18 of the Fund’s Statutory Prospectus, under “Exhibit A – Sales Charge Waivers” on page 39 of the Fund’s Statutory Prospectus, under “Exhibit B – Sales Charge Waivers” on page 41 of the Fund’s Statutory Prospectus and under “Additional Purchase and Redemption Information – Sales Charges on Class A Shares” beginning on page 35 of the Fund’s Statement of Additional Information (“SAI”). The second paragraph in the section “Shareholder Information - Choosing a Share Class - Contingent Deferred Sales Charge Waivers for Class A and Class C shares” on page 20 of the Prospectus is hereby deleted in its entirety and replaced with the following: Other waivers and/or discounts may apply with respect to a particular financial intermediary. -
The Best of the Online Brokers Fidelity and TD Ameritrade Are Number One in Our Latest Rankings of 14 Top Discounters
» INVESTING // TRADING THE BEST OF THE ONLINE BROKERS Fidelity and TD ameritrade are number one in our latest rankings oF 14 top discounters. BY ELIZAbeTH ODY ONE OF THE LESSONS RANK-AND-FILE INVESTORS SEEM requires that customers have at least two years of investing experience to have drawn from the brutal 2007–09 bear market is before opening an account.) that professionals can lose money just as easily as they unfortunately, brokers can charge you in many other, less-visible ways. can. a corollary is that keeping costs down is crucial. many now charge nominal fees for as a result, many have decided to take investing into sending paper statements (rather than electronic ones) or for sending you their own hands. “since 2008, our the rankings—from commissions to copies of old statements. other largest source of new accounts—after customer service to whether customers charges aren’t so nominal. merrill people transferring their accounts can purchase stocks overseas—is of edge, which is bank of america’s new from other discount brokers—has supreme importance in determining online-brokerage platform, scored been investors coming from full- who ends up on top. worst for annoying fees. it levies as service brokers or from advisers,” so rather than rank the brokers much as $100 annually for customers says don montanaro, chief executive based solely on what we think is im- with less than $50,000 combined in of tradeking, a discount broker. portant, we decided to ask you, our bank of america and merrill edge competition among discounters is readers, what you value in a broker. -
August 5, 2016 Mr. Robert Dev. Frierson Secretary Board Of
August 5, 2016 CORPORATION Mr. Robert deV. Frierson 211 Main Street Secretary San Francisco, CA 94105 Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, DC 20551 Docket No. R-1537; RIN 7100-AE51 Legislative and Regulatory Activities Division Office of the Comptroller of the Currency 400 7th Street S.W., Suite 3E-218 Mail Stop 9 W-11 Washington, D.C. 20219 Docket ID OCC-2014-0029 Mr. Robert E. Feldman Executive Secretary Attention: Comments/Legal ESS Federal Deposit Insurance Corporation 550 17th-Street, N.W. Washington, D.C. 20429 RIN: 3064-AE04 RE: Net Stable Funding Ratio Proposed Rulemaking Ladies and Gentlemen: The Charles Schwab Corporation ("Schwab")1 appreciates the opportunity to comment on the interagency notice of proposed rulemaking, Net Stable Funding Ratio: Liquidity Risk Measurement Standards and Disclosure Requirements, issued by the Office of the Comptroller of the Currency ("OCC"), Board of Governors of the Federal Reserve System 1 The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with more than 330 offices and 10 million active brokerage accounts, 1,6 million corporate retirement plan participants, 1.1 million banking accounts, and $2.62 trillion in client assets as of June 30,2016. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, money management, custody, and financial advisory services to retail investors and independent investment advisors. Through its operating subsidiaries, the company offers a full range of securities brokerage, banking, wealth management and Financial advisory services to individual investors and independent investment advisors. -
Stock Market Investing for Everyone
STOCK MARKET INVESTING FOR EVERYONE STOCK MARKET INVEST ING FOR EVERYONE How You Can Beat Wall Street At Their Own Game Audiobook Figures and Charts Kevin J. Davey 1 Kevin J. Davey Copyright © 2019 by Kevin J Davey. All Rights Reserved. All rights reserved. No part of this book may be reproduced in any form or by any electronic or mechanical means including information storage and retrieval systems, without permission in writing from the author. The only exception is by a reviewer who may quote short excerpts in a review. ISBN: 9781701767720 (paperback) Printed in the United States of America First Printing: October 2019 Visit my website at KJTradingsystems.com 2 STOCK MARKET INVESTING FOR EVERYONE CHAPTER 1–WHY SHOULD YOU INVEST IN STOCKS? Figure 1- Growth of Bank CD vs. S&P500 3 Kevin J. Davey CHAPTER 2-WHAT EXACTLY ARE STOCKS? Some of the most popular US brokers include: TD Ameritrade-www.tdameritrade.com Vanguard-www.vanguard.com Charles Schwab-www.schwab.com Fidelity-www.fidelity.com Interactive Brokers-www.interactivebrokers.com Tradestation-www.TradeStation.com E*Trade-www.etrade.com Merrill Edge-www.merrilledge.com Robinhood-www.robinhood.com Figure 2-Vanguard's Order Entry Screen 4 STOCK MARKET INVESTING FOR EVERYONE CHAPTER 4-STOCKS, CATEGORIZED Figure 3- Soon ETF Investments Will Surpass Mutual Fund Investments 5 Kevin J. Davey CHAPTER 5-ANALYZING AND TRADING STOCKS, UTILIZING RISK CAPITAL Figure 4- Typical Technical Analysis On A Price Chart 6 STOCK MARKET INVESTING FOR EVERYONE CHAPTER 6-INTRODUCING STOCK INVESTING TIERS- THE STOCK PICKING PYRAMID Figure 5- The Stock Market Picking Pyramid 7 Kevin J. -
The RIC Report
The RIC Report Investment Strategy | Global 08 January 2013 2013: back to the future Research Investment Committee MLPF&S The Cliff Compromise Kate Moore Equities rallied sharply in the first days of the New Year, following the last minute Global Equity Strategist MLPF&S congressional compromise on the Fiscal Cliff. While the deal was far from perfect, it averted not only a disaster for the US economy, but also a potentially painful hit Michael Hartnett to risk asset markets. Economist Ethan Harris points out that the compromise was Chief Investment Strategist a significant and very important first step to resolving the US fiscal picture. And MLPF&S critically for investors, consumers, and business leaders, it provided a measure of Swathi Putcha clarity. Though policy uncertainty will linger in early 2013, our base case for a Global Equity Strategist gradual pickup in economic growth throughout the year remains intact. MLPF&S The winners of 2012 See Team Page for Full List of Contributors Asset markets were fueled once again by policy and liquidity in 2012. Global central banks cut interest rates 75 times over the last year, while the balance sheets of the major CBs continued to inflate. Global equities returned a solid 17%, outpacing both bonds (5%) and commodities (-0.3%). EM equities outperformed DM equities, while EM and high yield bonds led fixed income. But in our view, the three most memorable stories of 2012 were the positive surprises in US housing, bank stocks, and Europe. Asset allocation & three reasons to own equities now After fixating on policy in the US and Europe over the last year, the RIC recommends investors focus back on the future of asset returns. -
State of Nevada Financial Institutions Division Department of Business and Industry 3300 W
STATE OF NEVADA FINANCIAL INSTITUTIONS DIVISION DEPARTMENT OF BUSINESS AND INDUSTRY 3300 W. Sahara Ave. Suite 250 Las Vegas, Nevada 89102 (702) 486-4120 Fax (702) 486-4563 [email protected] Financial Institutions Contact Information (SB 306 - 8.5) Contact information of the person that a borrower may send information and notices to facilitate mediation under the Forclosure Mediation Program: Contact information of the person that a unit owner’s association may send notices concerning the association's lien: Authorized FMP FMP agent of FMP Authorized agent of FMP FMP FMP FMP FMP Submission Date Financial Institution Name Zip Name financial Street Address City State Zip Code Phone Number Email Name financial institution Street Address City State Phone Number Email Code institution (Y/N) (Y/N) 12/9/2015 1st Alliance Lending, LLC Eric Sanders 111 Founders Plaza suite 1300 East Hartford CT 6108 860-656-1537 [email protected] Eric Sanders 111 Founders Plaza suite 1300 East Hartford CT 6108 860-656-1537 [email protected] 3/10/2016 1ST FIDELITY LOAN SERVICING LLC BSI Financial Services C/O Mediation Dept. Y 314 S. Franklin Street – 2ND Floor – PO Box 517 Titusville PA 16354 [email protected] BSI Financial Services C/O HOA-COA Notice Y 314 S. Franklin Street – 2ND Floor – PO Box 517 Titusville PA 16354 [email protected] 10/7/2015 1st State Bank Kirsten A. Parks Y 4800 Fashion Square Blvd, PO Box 1468 Saginaw MI 48605 989-799-7500 [email protected] Kirsten Parks Y 4800 Fashion Square Blvd, PO Box 1468 Saginaw MI 48605 989-799-7500 [email protected] 10/19/2017 2005 Residential Trust 3-1 Robert Yanes Y 117 Wrangler Dr., Suite 100 Coppell TX 75019 714-282-2424 ext. -
No-Load No Transaction Fee Mutual Funds1
No-Load No Transaction Fee Mutual Funds1 Effective as of December 5, 2011 The following list contains No-Load No Transaction fee mutual funds as of 12/5/2011. You should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. AH LISANTI CAPITAL GROWTH DOMESTIC Fund Name Security Symbol ADAMS HARKNESS SMALL CAP GROWTH FUND ASCGX ALPS FUNDS DOMESTIC Fund Name Security Symbol RIVERFRONT LONG TERM GROWTH FUND RLTSX AMANA DOMESTIC Fund Name Security Symbol AMANA GROWTH FUND AMAGX AMANA INCOME FUND AMANX AMERICAN BEACON FUNDS Fund Name Security Symbol AMERICAN BEACON RTRMENT INC AND APP FD AANPX AMERICAN BEACON EMERGING MARKETS FD AAEPX AMERICAN BEACON HIGH YIELD BOND FD AHYPX AMERICAN BEACON INTERNATIONAL EQUITY FD AAIPX AMERICAN BEACON BALANCED FUND AABPX AMERICAN BEACON SMALL CAP VALUE FUND AVPAX AMERICAN BEACON SHORT TERM BOND FUND AALPX AMERICAN BEACON S&P 500 INDEX FD AAFPX AMERICAN BEACON LARGE CAP VALUE FD AAGPX AMERICAN BEACON INTERM BOND FD ABIPX AMERISTOCK DOMESTIC Fund Name Security Symbol AMERISTOCK MUTUAL FUND AMSTX Merrill Edge® is available through Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), and consists of the Merrill Edge Advisory Center™ (investment guidance) and self-directed online investing. MLPF&S is a registered broker-dealer, Member SIPC and a wholly owned subsidiary of Bank of America Corporation. Investment products: Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value AQR FUNDS DOMESTIC Fund Name Security Symbol AQR MANAGED FUTURES STRATEGY -
Tradestation Rated “Best for Frequent Traders” for Third Consecutive Year in Barron’S Magazine’S Annual Ranking of Online Brokerage Firms
For Immediate Release TradeStation Rated “Best for Frequent Traders” for Third Consecutive Year in Barron’s Magazine’s Annual Ranking of Online Brokerage Firms Also Rated “Best Trading Experience and Technology” and Given Highest Star Rating for “International Traders” Plantation FL, March 11, 2013 – TradeStation, a Monex Group company (TSE: 8698) and award-winning broker-dealer and futures commission merchant, was ranked “Best for Frequent Traders” in Barron’s magazine’s annual review of online brokerage firms, now in its eighteenth year. TradeStation topped 23 other leading online brokers in the frequent trader category, including Interactive Brokers, TDAmeritrade, Charles Schwab, Fidelity, E*TRADE, Scottrade, Merrill Edge, tradeMonster, and optionsXpress. In rating TradeStation “Best for Frequent Traders” and awarding it the highest rating for “Trading Experience and Technology,” Barron’s noted that “TradeStation offers an incredible platform…. The trading experience can be completely customized, allowing you to trade from grids, charts, or market-depth screens.” Winning the “Best for Frequent Traders” ranking for the third consecutive year cements TradeStation’s position as the leading online broker for the active trader and investor markets. TradeStation also received the highest star rating for “International Traders” for the second year in a row and third time overall. Barron’s went on to praise TradeStation for offering traders “help when you first become a TradeStation customer, with support staff figuring out where you are in your trading career and helping you customize the flexible platform for your needs. There are numerous Webinars available throughout the week to keep you in touch with the markets, from a weekly futures market outlook to a daily stock-market session. -
One Or More Unknown Traders in the Common Stock of Certain Issuers, Defendants, and JSC Parex Bank, Relief Defendant
IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA SECURITIES AND EXCHANGE COMMISSION 100 F Street, N.E. Washington, DC 20549, Plaintiff, vs. Civil No. ONE ORMORE UNKNOWN TRADERS IN THE COMMON STOCK OF CERTAIN ISSUERS, ; p : ; :I. :: <>,i:::1:,..: (~l<jlt:. :I. Defendants, ..[.,, ....,... t.. .. ...! I,:! ::. :: 1:;: :i. <::aI..[:! <::I /'ri ,, !.J i. ]::I :i. 1.1 3 and I : 1. : ... :: .....:: : :,I j I,.. :I: i..i .i i.!l-i c: -tj, ,... r i-lil.,.,,::: $, JSC PAREX BANK, x>n.j-l;;:.::;........ <..i... ...,-:; . /.. c..'.:,,k.., :........, ..::. 1,)... 1z.j.. ...,,.:. Relief Defendant. COMPLAINT FOR INJUNCTIVE AND OTHER RELIEF Plaintiff the United States Securities and Exchange Commission ("Commission") alleges: SUMMARY 1. This action stems fi-om a modern-day, technological version of the traditional "pump-and-dump" market manipulation scheme. From at least December 2005 through December 2006, the defendants engaged in a scheme to fraudulently use -- the Internet to intrude into the online brokerage accounts of unsuspecting customers at U.S. broker dealers and place unauthori~ed~tradesin the accounts for the defendants' own pecuniary benefit. The scheme worked like this. First, the defendants purchased in their own accounts shares of stock in a thinly traded company. Shortly thereafter, the defendants, directly or indirectly, intruded into the online brokerage accounts of investors at U.S. broker-dealers, liquidated existing equity positisns and, using the resulting proceeds, purchased and sold thousands, and in one instance millions, of shares of the same thinly traded stocks purchased by the defendants in their own accounts. The unauthorized trading in the third-party accounts created the appearance of trading activity -- and pumped up the price of the stocks. -
Mutual Fund Investing at Merrill Lynch
Merrill Personal Advisor Progra Client Agreement Mutual Fund Investing at Merrill Lynch A Client Disclosure Pamphlet January 2021 Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park New York, N.Y. 10036 1.800.MERRILL 1 CCooddee 331111661199PPMM--00221100 Table of Contents Introduction 2-3 U.S. Registered Mutual Fund Share Classes 3–7 Front-End Sales Charge and Contingent Deferred Sales Charge (CDSC) Waivers and Discounts at Merrill Lynch 7-8 Asset-Based Fee Programs 8-9 Retirement & Benefit Plan Services Programs 9 Merrill Edge® Self-Directed Investing 9-10 Compensation of Merrill Lynch Financial Advisors and Their Managers 10-12 Additional Merrill Lynch Services and Compensation 12-14 Money Market Mutual Funds 14-16 Purchases, Sales and Transfers 16 Other Services 16-17 Appendix 18 Mutual Funds are not FDIC insured; are not deposits or obligations of, or guaranteed by, any financial institution; and are subject to investment risks, including possible loss of the principal amount invested. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Prospectuses for mutual funds can be obtained through the investor’s sign-in area of merrilledge.com. Clients of Merrill Advisory Center can also call 1.888.654.6837. If you’re not currently a Merrill Edge client, please call 1.888.637.3343. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). -
The Evolution of Investing
University of Arkansas, Fayetteville ScholarWorks@UARK Finance Undergraduate Honors Theses Finance 5-2021 The Evolution of Investing Bradyn Papke Follow this and additional works at: https://scholarworks.uark.edu/finnuht Part of the Finance and Financial Management Commons Citation Papke, B. (2021). The Evolution of Investing. Finance Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/finnuht/62 This Thesis is brought to you for free and open access by the Finance at ScholarWorks@UARK. It has been accepted for inclusion in Finance Undergraduate Honors Theses by an authorized administrator of ScholarWorks@UARK. For more information, please contact [email protected]. The Evolution of Investing by Bradyn David Papke Advisor: Dr. Thomas Hayes An Honors Thesis in partial fulfillment of the requirements for the degree Bachelor of Science in Business Administration in Finance Sam M. Walton College of Business University of Arkansas Fayetteville, Arkansas May 7, 2021 1 Introduction We live in a world that is constantly changing. The world of business is no different. The name of the game is innovation. How can companies innovate to stay relevant in the minds of their consumers while also remaining profitable? The investment industry has seen one of the biggest evolutions this century. If someone were asked what the investment industry looked like 15-20 years ago, their response would most likely depict a trading floor, lots of yelling and screaming, money-hungry brokers, and complicated numbers and symbols on a bunch of screens that they do not even want to try to understand. Technology and the idea of Corporate Social Responsibility has vastly changed that view. -
One More Reason to Buy Online by Theresa W
THE DOW JONES BUSINESS AND FINANCIAL WEEKLY www.barrons.com MARCH 20, 2017 SPECIAL REPOR%T Amid price cuts, Fidelity repeats as Barron’s Best Online broker, nosing out Interactive Brokers. One More Reason to Buy Online by Theresa W. Carey The bull market is on sale for online cial-advice decisions. Barron’s own reader sion only for opening a position—$5 for brokerage customers. survey shows that the majority of respon- equities and $1 per contract for options. In the run-up to our 22nd annual rank- dents want to keep their costs at a bare Closing a position is free. ing of Barron’s Best Online Brokers, two minimum. As much as we admire tastyworks, it developments topped all others: The three “But cost is just one piece of the puz- seems unlikely that a small newcomer major indexes—the Dow Jones Industrial zle,” as Metzger says. Barron’s encourages could cause such an upheaval. Schwab, Average, the Standard & Poor’s 500, and investors to look at the entire set of ser- one of the largest online brokers, both by the Nasdaq Composite—all set record vices a broker provides, including research assets under management and by number highs, and six brokers slashed commis- and education offerings, and then decide of clients, isn’t a nimble little sailboat that sions and other fees. At the 16 brokers we whether the commissions assessed provide reacts to every passing breeze. It is, rather, reviewed this year, the average monthly adequate value. a large ship—and it can take time to change cost of trading for an occasional investor Cost is an element in our rankings, and headings.