GuideStone ranked No. 1 fund for early 2012 comment (0)
June 7, 2012
DALLAS — GuideStone Funds ranked No. 1 out of 223 mutual fund families for the quarter ending March 31, according to fi360’s Fund Family Fiduciary Rankings. This is the first time GuideStone Funds has achieved the top quarterly ranking by fi360 but follows 2011, when the Funds consistently finished in the top 10 spots.
The ranking comes on the heels of the March announcement that GuideStone Funds ranked No. 1 out of 182 funds, receiving industry ranking firm Lipper’s 2012 Best Overall Small Fund Group award, one of the nation’s premier financial industry honors, presented to mutual fund families with up to $40 billion in assets.
John R. Jones, chief operating officer of GuideStone Financial Resources and president of GuideStone Funds, said he believes the recognition helps illustrate that performance and values-based investing can walk hand-in-hand.
“We believe we are dispelling the popular belief in the mutual fund industry that investors have to compromise biblical integrity to achieve acceptable investment performance,” Jones said. “For the 10-and-a-half years that GuideStone Funds have been available, we have sought to provide that careful balance of generating performance while maintaining our convictions.”