News Column

Commerce Value Fund Added to Charles Schwab's Mutual Fund OneSource Select List®

February 4, 2014

ST. LOUIS --(BUSINESS WIRE)-- The Commerce Value Fund TM (CFVLX) has been named to Charles Schwab's ("Schwab®") Mutual Fund OneSource Select List for the first quarter of 2014. The Mutual Fund OneSource Select List is a list of no-load and no-transaction fee mutual funds that have passed rigorous screening for performance, risk, and expenses by the Charles Schwab Investment Advisory, Inc. "We are excited and honored to have been added to the Schwab Mutual Fund OneSource Select List. We appreciate the thorough and detailed selection process at Schwab and look forward to the opportunity,” says Portfolio Manager Matt Schmitt . The Commerce Value Fund investment objective is to seek capital appreciation, and secondarily, current income. Using a predominately quantitative analysis, with some additional fundamental analysis depending on market conditions, the Fund invests principally in stock of companies that are selling below fair market value compared to their future potential. The Fund seeks a higher return than the Russell 1000® Value Index (“Index”) over time as the stocks it purchases rise in price to more normal valuations. The Fund utilizes a diversified portfolio with value characteristics (low price/book and price/earnings ratios) to achieve capital appreciation and current income. As of December 31, 2013 , the Commerce Value Fund's assets totaled $168.3 million . More information on the Charles Schwab Mutual Fund OneSource Select List , as well as the full list of funds, can be found on the Mutual Funds page of the Charles Schwab website under OneSource Select List. The OneSource Select List is provided for informational purposes and should not be considered as an individualized recommendation. Schwab produces the list quarterly to help investors navigate the vast number of funds available through Schwab and identify funds that might be appropriate for their portfolios. The Fund is subject to market risk so that the value of the securities in which it invests may go up or down in response to the prospects of individual companies, particular industry sectors and/or general economic conditions. The Russell 1000 Value Index is an unmanaged market capitalization weighted index of the 1,000 largest U.S. companies with lower price-to-book ratios and lower forecasted growth values. The Index figures do not reflect any deduction for fees, expenses or taxes. It is not possible to invest directly in an unmanaged index. A current Commerce Funds prospectus or additional information regarding The Commerce Funds may be obtained by calling 1-800-995-6365, visiting our website at: www.commercefunds.com , or by writing to The Commerce Funds, P.O. Box 219525, Kansas City, MO 64121-9525. Please consider a Fund's objectives, risks, and charges and expenses, and read the prospectus carefully before investing. The prospectus contains this and other information about the Fund. About Commerce Bank Commerce Bank , is a subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH), a $23.1 billion regional bank holding company, as of December 31, 2013 . For almost 150 years, Commerce Bank has been meeting the financial services needs of individuals and businesses. Commerce Bank provides a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in more than 360 retail locations in the Central United States and has a nationwide presence in the commercial payments industry. Commerce Bancshares also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, private equity and real estate activities. For additional information, please visit www.commercebank.com . About The Commerce Family of Funds The Commerce Funds, a family of eight mutual funds targeting specific investment goals, are advised by Commerce Investment Advisors, Inc. , a subsidiary of Commerce Bank , Goldman, Sachs & Co. is the distributor of The Commerce Funds. The Commerce Trust Company As of December 31, 2013 , The Commerce Trust Company was responsible for the administration of more than $35.2 billion of client assets. Since 1906, Commerce Trust has been a leading source of tailored asset management, creative private banking and comprehensive trust services for individuals, families, corporate executives, and business owners. In addition, Commerce Trust serves a variety of institutional clients with customized investment programs as well as sole-source solutions for all of their financial needs. The Commerce Trust Company is a division of Commerce Bank . ©2014 The Commerce Trust Company . All rights reserved. 120048.MF.MED.OTU Commerce Bank Maura Schnoebelen , 314-746-8567 Maura.schnoebelen@commercebank.com or Molly Hyland , 314-746-3657 Molly.hyland@commercebank.com Source: Commerce Bank


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Business Wire


Story Tools