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The second half of the year brings two new products to the Hepburn family of companies, owned by local Money Manager Will Hepburn. Two new products are launching: The Kid's Fund - a new mutual fund designed to give parents a sound investment tool for educating children about money - and the Children's 100 Index of stocks. These are companies that kids already know and love.
As Hepburn has done for years with his individual accounts, he'll actively manage The Kid's Fund to pursue consistent returns and minimize the risk during market downturns. Using this strategy increases the chances that the first experience that kids have with investing will likely be a positive one.
Hepburn, who owns Fund's Manager,  Hepburn Capital Management, is choosing the core holdings for the fund from The Children's 100 Index, developed by Hepburn Capital Management's sister organization, Hepburn Investment Research. The index contains 100 stocks that have well-known products or services for children and that have been screened to eliminate significant revenues from alcohol, tobacco, gambling and weapons manufacturing. According to Hepburn, the goal is to create a portfolio that is clearly appropriate for children.
The Kid's Fund website will have plenty of games and exercises that can teach kids about money - all designed to give parents the tools they need to instill a legacy of savings in their children.
The fund is currently in registration with the SEC and can be offered to the public for the first time in November.
If you're interested in learning more about either of these exciting new offerings, call Hepburn Capital Management at 928-778-4000.
Information in this newsletter is derived from sources deemed to be reliable, however we cannot guarantee its accuracy. Please discuss any legal or tax matters with your advisors in those areas. Neither the information presented nor any opinions expressed herein constitutes a solicitation for the purchase or sale of any security. Mutual Funds involve risk including the possible loss of principal. Investors should carefully consider the investment objectives, risks, charges and expenses of The Kids Fund. This and other important information about the Fund s contained in the prospectus, which can be obtained by calling 888-549-7879. The prospectus should be read carefully before investing. The Kids Fund is distributed by Northern Lights Distributors, LLC member FINRA/SIPC.The Children's 100 Index® is an unmanaged group of stocks onsidered to be representative of different segments of the stock market in general. You cannot invest directly in an index.
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