Products April 2, 2010

Trinity Unveils Three Epiphany Funds

Trinity Fiduciary Partners, LLC, investment adviser to the Epiphany Funds, has launched three new Epiphany Funds.
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The new Funds include The Epiphany FFV Focused and (EPFNX); The Epiphany FFV Strategic Income Fund (EPINX); and The Epiphany Large Cap Core Fund (EPCNX).

The three are sub-advised by Dana Investment Advisors, with $2.6 billion in assets.

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Investments with the FFV designation in the Epiphany Family of Funds are evaluated according to the Catholic Scorecard, a proprietary screening methodology developed by Trinity. The focus of the Catholic Scorecard, the firm said, is to protect the dignity of human life, support and protect marriage and families and reasonably safeguard the environment.

The Epiphany FFV Focused Fund invests in 50 to 60 large U.S. companies that pass the Catholic Scorecard as well as economic criteria.

The Epiphany FFV Strategic Income Fund invests in bonds issued by corporations that pass the Catholic Scorecard and bonds issued by governments and their proxies.

The Epiphany Large Cap Core Fund combines the portfolio of Dana’s Large Cap Strategy with Trinity’s advocacy through proxy voting according to the Catholic Scorecard.

Data & Research April 2, 2010

Many HNW Baby Boomers Reduce Spending to Recoup Losses

The financial crisis destroyed almost a quarter of high-net-worth Baby Boomers’ wealth, according to a recent survey.
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From 2007 to 2008, high-net-worth (HNW) Baby Boomers lost 22% of their investable assets, according to the survey by the Corporate Executive Board. (The survey defined HNW Baby Boomers as people born between 1946 and 1965 and having at least $1 million in investable assets.)

In response to significant portfolio losses, close to one-half (48%) of surveyed Boomers reduced spending (more than half, or 51%, did not).

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The overwhelming majority of survey respondents reported spending a great deal (48%) or a fair amount (40%) of time thinking about retirement. The majority (74%) also reported that they closely monitor their savings and investments.

In the past 18 months, most HNW Boomers have discussed mamy topics with their adviser, such as investment performance over the period (96%), how to generate sufficient income in retirement (80%), various best- and worst-case financial scenarios (72%), how to best address future life events (70%), and a new or updated financial plan (67%).

The survey, conducted in December 2009, looked at 1,250 Baby Boomers.

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