Huntington Situs Fund Marks a Decade of Success by Focusing on Strategic
Geographic Investment approach has helped Fund exceed S&P 600 returns since
COLUMBUS, Ohio -- December 03, 2012
Huntington Asset Advisors (HAA), a wholly-owned subsidiary of Huntington Bank
(NASDAQ: HBAN; www.huntington.com), announces that the Situs Fund continues to
perform above its benchmark on the 10-year anniversary of its inception.
Launched in third quarter 2002, the Fund’s unique approach to investing is
designed to offer investors a portfolio comprised of both U.S. and foreign
companies whose situs, or geographical location, gives a competitive advantage
and the potential to outperform.
Situs looks for critical advantages in regions, both domestic and foreign,
that include favorable political, social or economic conditions and population
demographics. Both Class A Shares (Ticker: HSUAX) and Trust Shares (Ticker:
HSUTX) are available.
“By focusing on a strategic combination of U.S. and foreign companies, whose
geographical locations offer a variety of competitive advantages, the Situs
Fund has given investors a potent combination of diversification and above
average returns,” said Huntington’s chief investment officer and Situs Fund
manager, Randy Bateman. “For those who have long-term investment goals, and
seek to complement their large-company stock holdings with a more aggressive
approach to equity investing, the Situs Fund can help provide that
This unique approach has proven successful over its 10-year lifetime. As of
September 30, 2012, the Fund has a Four-Star Morningstar Rating™ for the
overall time period in the Mid-Cap Blend category out of 373 funds. With net
assets of $212 million, the Situs Trust shares reached a total return of 8.43
percent for the quarter ending September 30, 2012. This compares to the 5.40
percent return of the S&P Small Cap Index (S&P 600) and the 5.44 percent
achieved by the S&P 400 Mid Cap Index for the same period. In absolute terms,
for the same period, the Fund has generated a 17.26 percent return in 2012 to
date. Situs also ranked in the top quartile for the 1-, 3-, and 10-year time
periods by Lipper in the Small Cap Blend category. For each respective time
period the Fund ranked 118 out of 712, 104 out of 626 and 46 out of 322 funds,
With more than 35 years of experience in managing fiduciary assets, Bateman is
responsible for $14.6 billion in discretionary assets within Huntington and
oversees Huntington Funds, which represent $3.5 billion in assets. He is also
responsible for Huntington Asset Advisor’s (HAA) two exchange-traded funds
(“ETFs”) that make up the Huntington Strategy Shares family. The investment
managers of Huntington Funds include some of the most experienced people in
the industry. On average, the investment professionals of HAA have worked for
more than 25 years in the investment business.
Lipper rankings are based on Total Return and do not take sales charges into
account. For the 5–year time period ended 9/30/12 the Huntington Situs Fund
Trust Shares ranked 147 out of 535 funds.
For each fund with at least a three-year history, Morningstar calculates a
Morningstar Rating^TM based on a Morningstar Risk-Adjusted Return measure that
accounts for variation in a fund's monthly performance (including the effects
of sales charges, loads, and redemption fees), placing more emphasis on
downward variations and rewarding consistent performance. The top 10% of funds
in each 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. (Each share class is counted as a fraction of one fund within this scale
and rated separately, which may cause slight variations in the distribution
percentages.) For the Overall, 3-, 5- and 10-year periods ended 9/30/12, the
Situs Fund Trust Shares received 4, 4, 3 and 4 stars and was rated among 373,
373, 316 and 199 funds, respectively.
The Overall Morningstar Rating for a fund is derived from a weighted-average
of the performance figures associated with its three-, five- and ten-year (if
applicable) Morningstar Rating metrics. Ratings are for the Trust Share class;
other classes may have different performance characteristics.
Average Annual Total Returns (%) as of
1 year 3 year 5 10 Expense
year year Ratio
Trust Shares 33.61 14.34 2.69 11.41 1.34
Performance data quoted represents past performance which is no guarantee of
future results. Investments return and principal value will fluctuate so that
an investor's shares, when redeemed, may be worth more or less than their
original costs. Mutual Fund Performance changes over time and current
performance may be lower or higher than what is stated. To obtain current to
the most recent month-end performance, call 800-253-0412. Past performance is
not indicative of future results. Diversification does not ensure a profit or
guarantee against loss.
The S&P Small-Cap 600 Index is an unmanaged index which generally represents
all major industries in the small-cap range of the U.S. stock market.
Investments cannot be made in an index.
Mid-cap and small-cap investing involves greater risk not associated with
investing in more established companies, such as greater price volatility,
business risk, less liquidity and increased competitive threat.
International investing involves special risks including currency risk,
increased volatility of foreign securities, political risks and differences in
auditing and other financial standards.
You should carefully consider the investment objectives, potential risks,
management fees, and charges and expenses of the Fund before investing. The
Fund's prospectus contains this and other information about the Fund, and
should be read carefully before investing. You may obtain a current copy of
the Fund's prospectus or summary prospectus by calling 1-800-253-0412. Past
performance is no guarantee of future results. The investment return and
principal value of an investment in the Fund will fluctuate so that an
investor’s shares, when redeemed, may be worth more or less than their
Distributed by Unified Financial Securities, Inc., 2960 North Meridian Street,
Suite 300, Indianapolis, IN 46208. (Member FINRA)
Not FDIC Insured No Bank Guarantee May Lose Value
About Huntington Asset Advisors, Inc.
Huntington Asset Advisors, Inc., a subsidiary of The Huntington National Bank
(www.huntington.com) and its affiliates, have managed money since 1917. Based
in Columbus, Ohio, Huntington sponsors The Huntington Funds mutual funds and
Huntington Strategy Shares ETFs, and manages money for individuals,
institutions, endowments, foundations, retirement plans, IRAs and
municipalities. More information is available at www.HuntingtonFunds.com and
The Huntington National Bank, Member FDIC. The logo mark and Huntington^® are
federally registered service marks of Huntington Bancshares Incorporated.
Huntington Bancshares Incorporated
Cynthia Kincaid, 614-480-5415
Press spacebar to pause and continue. Press esc to stop.