Pinnacle's Growth & Income Fund ranked #1 in its category by the Wall St. Journal
January 04, 2014
Pinnacle Capital Management, LLC, is pleased to announce that The Pinnacle Growth and Income Fund, was ranked #1 in its category by The Wall Street Journal, for the one year period ending December 31, 2013. The mutual fund category is: Mixed Asset Target Allocation Conservative. The Fund is actively managed out of Pinnacle Capital Management’s Fayetteville, NY office by Portfolio Manager and Chief Investment Officer, Steve Fauer. The Pinnacle Growth and Income Fund produced a return of 19.49% for calendar year 2013, nearly three times the average return of the 357 funds in its category. The Fund seeks total return from a combination of current income, growth of income, and capital appreciation through investment in a combination of common stocks, other equity securities and debt securities. The Fund is managed with a disciplined approach that allows investors to participate in market gains while reducing exposure to down markets. Having managed the Fund since its inception in January 2011, Steve Fauer has grown the assets to over $9 million.
Pinnacle is thrilled to have been recognized for the Fund’s performance achievement for 2013 by The Wall Street Journal.
Pinnacle Capital Management, LLC is an investment management firm based in Fayetteville, NY, providing services to individual investors, corporations, pension funds, foundations, endowments, labor unions, healthcare organizations and governments. We specialize in managing equity, balanced and fixed income portfolios by identifying undervalued securities of well-known companies.
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