USAA Precious Metals and Minerals Fund Receives 2009 Lipper Fund Award
2009年4月9日 - 9:00PM
PRニュース・ワイアー (英語)
Award Marks Fifth Straight Year The Fund Has Earned The Top Spot In
Lipper's Gold-Oriented Funds Category for the 10-Year Period SAN
ANTONIO, April 9 /PRNewswire/ -- USAA, a Fortune 200 financial
services company, today announced that the USAA Precious Metals and
Minerals Fund (USAGX) has earned the Lipper Fund Award* for its
performance in the gold-oriented funds category for the 10-year
period. The 2009 award marks the fifth consecutive year that the
fund has achieved the top spot in this category for the 10-year
period. Co-managed by Mark Johnson, vice president, and Dan Denbow,
assistant vice president of equity investments at USAA, the fund
ranked No. 1 out of 28 funds in the gold-oriented category for the
10-year period ending Dec. 31, 2008. Lipper Fund Awards are
calculated using risk adjusted consistent returns relative to peers
for three different time periods (3-year, 5-year and 10 year).
"This award demonstrates the strength and stability of USAA's
equity management team, and the commitment they have to manage our
members' investments through volatile times," said Chris Claus,
president, USAA Financial Services Group. "USAA strives to deliver
the best combination of service and performance, and our portfolio
managers' expertise helps make that happen." The USAA Precious
Metals and Minerals Fund and the USAA California Money Market Fund
(UCAXX), managed by Regina Shafer, assistant vice president, fixed
income at USAA, also earned multiple Performance Achievement
Certificates** from Lipper for their performance in 2008.
Certificates are awarded to funds with returns that topped their
Lipper category over one, five, 10 or 15-year periods. In the
gold-oriented funds category, the USAA Precious Metals and Minerals
Fund won three certificates for the five, 10 and 15-year time
frames. The USAA California Money Market Fund received a
certificate for ending the year with the highest returns for the
one-year period in the California tax-exempt money market funds
category. These funds are available to individual investors through
usaa.com or by calling 1-800-531-0853. Past performance is no
guarantee of future results. Consider the investment objectives,
risks, charges and expenses of the USAA mutual funds carefully
before investing. Contact us at 800-531-8910 for a prospectus
containing this and other information about the funds from USAA
Investment Management Company, Distributor. Read it carefully
before investing. About USAA USAA, a diversified financial services
group of companies, is among the leading providers of financial
planning, insurance, investments, and banking products to members
of the U.S. military and their families. For the past three years,
BusinessWeek magazine ranked USAA among the top two "Customer
Service Champs," highlighting our legendary commitment of providing
highly competitive financial products for 7 million members. For
more information about USAA, or to learn more about membership,
visit usaa.com. Lipper ranked the USAA Precious Metals and Minerals
Fund three out of 52, and one out of 48 Gold-Oriented funds for the
3- and 5-year periods, respectively and ranked the USAA California
Money Market Fund six out of 62, nine out of 57, and five out of 39
California Tax-Exempt Money Market Funds for the 3-, 5- and 10-year
periods, respectively, ended Dec. 31, 2008. *Gold-oriented Lipper
Fund Awards are for the 10-year risk adjusted performance among 28
eligible funds for the period ended Dec. 31, 2008. Fund
classification averages are calculated with all eligible share
classes for each eligible classification. The calculation periods
extend over 36, 60 and 120 months. The highest Lipper Leader for
Consistent Return (Effective Return) value within each eligible
classification determines the fund classification winner over
three, five or 10 years. **Lipper Performance Achievement
Certificates are awards to fund portfolios that ranked first in
their investment objective/Lipper classification over various time
periods. Certificates are awarded for all investment
objectives/Lipper classifications as well as for the overall fund
universe. Certificates are awarded for the open-end equity funds,
open-end fixed income funds, closed-end funds, and variable
underlying funds universes. Certificates are awarded once a year as
of December 31st. Certificates are awarded for performance over a
one-, five-, ten-, and fifteen-year time period for open-end equity
funds. All other universes receive awards over the one-, five-, and
ten-year time periods. Awards are based upon cumulative total
return. A winner is awarded if there are five or more portfolios in
the investment objective/Lipper classification for the length of
the relevant time period. The category fund count is inclusive of
all classes of shares. For the purpose of comparison, a fund is
categorized at the end of the time period and will be compared to
those peers in the relevant time period. A winner is awarded if
there are no "significant events" that eliminate the fund from the
category. A significant event occurs when a fund has been
re-classified during the performance award time period. (For
example, a fund that had a fundamental change in investment policy
which caused it to switch Lipper classifications during the
relevant time period.) Contact: Sheila Rose 212-453-2492,
DATASOURCE: USAA CONTACT: Sheila Rose, +1-212-453-2492, , for USAA
Web Site: http://www.usaa.com/
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