GuideStone bond fund garners No. 1 rating
DALLAS (BP)--GuideStone Funds' Extended-Duration Bond Fund was ranked No. 1 among 123 other nationwide mutual funds in the GS2 class for the five-year period ending Dec. 31, according to Lipper, a global leader in fund information and ratings. The same fund ranked No. 2 among 130 funds in the three-year period and No. 3 among 137 funds in the one-year period ending Dec. 31.
In the GS4 class, the fund ranked No. 2 among of 123 funds for the five-year period ending Dec. 31. The fund ranked No. 3 among 130 funds in the three-year period and No. 4 among 137 funds in the one-year period, according to Lipper.
(The share classes are defined in the prospectus of each fund and largely relate to eligibility of participants and fund size.)
"We are pleased again to see our funds recognized by an industry ranking firm like Lipper," said John R. Jones, chief operating officer of GuideStone Financial Resources of the Southern Baptist Convention. "We believe our funds rank and compare favorably against the largest and best-known names in the mutual fund industry. These recognitions help illustrate the value added to GuideStone's investor through our professional management, sub-advisers and manager-of-managers approach."
The Lipper comparison is made across registered mutual funds, ranking the funds with similar objectives according to total returns. Lipper rankings are subject to change monthly and past rankings are no guarantee of future results.
The Extended-Duration Bond Fund, along with the other 24 GuideStone Funds offered in GS2 and GS4 classes, are made available to participants in retirement plans provided by GuideStone, including employees of Southern Baptist and likeminded churches, colleges, universities, seminaries, children's and retirement homes, and affiliated institutions such as hospitals and mission-sending entities. The family of Christian-based, socially screened mutual funds also is available to institutional investors and for investing through personal and individual retirement accounts offered by GuideStone Funds.
GuideStone participants can find help and resources at www.GuideStone.org by choosing either the Retirement or the Mutual Funds tab.
Curtis D. Sharp is executive officer for denominational and public relations services at GuideStone Financial Resources of the Southern Baptist Convention.