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Performance During Bear Markets

Historically, the Greenspring Fund has performed very well during periods of market turbulence. The charts below compare Greenspring Fund's performance with that of the Dow Jones Industrial Average Index and the S&P 500 Index since 1987 during periods in which those indices declined by more than 20%.


 Greenspring Fund vs. the Dow

Click for Graph
GSF
DOW
October 9, 2007 - March 9, 2009
-22.46%
-51.79%
January 14, 2000 - October 9, 2002
+5.26%
-34.82%
July 17 - October 11, 1990
-8.22%
-20.42%
August 25 - October 19, 1987
-7.98%
-35.86%

 
Greenspring Fund vs. the S&P 500
 
Click for Graph
GSF
S&P 500
October 9, 2007 - March 9, 2009
-22.46%
-55.25%
September 1, 2000 - October 9, 2002
-5.25%
-47.41%
August 25 - October 19, 1987
-7.98%
-32.95%

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's share, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted.  View quarterly and month-end performance here.

Performance data shown does not reflect the 2% redemption fee imposed on shares held 60 days or less. If it did, total returns would be reduced.

Consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The Fund's Prospectus, which may be obtained via the link at the bottom of this page, contains this and other information about the Fund. Please read the Fund's Prospectus carefully before investing, and call 1-800-366-3863 toll-free for more information.

The Dow Jones Industrial Average is an unmanaged index of common stocks  comprised of major industrial companies and assumes reinvestment of dividends. The S&P 500 Index is a market capitalization-weighted index representing 500 of the largest companies in the U.S. and assumes the reinvestment of dividends.  You cannot invest directly in an index.

 

We strive for positive absolute returns in all market environments.
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