Cavanal Hill Funds receive 14th Lipper award in 11 years
March 10 2022 - 12:05PM
Cavanal Hill Funds have been recognized with Refinitiv Lipper Fund
Awards to bring their total to 14 Lipper awards received in the
last 11 years. The Refinitiv Lipper Fund Awards annually recognize
funds that have excelled in delivering strong risk-adjusted
performance, relative to their peers. This year, Refinitiv Lipper
acknowledges Cavanal Hill’s fundamental equity investment team with
industry honors.
“The Lipper Awards are an important testament to our disciplined
investment process,” said Matt Stephani, president of Cavanal Hill
Investment Management and one of the portfolio managers of the
Fund. “Liquid alternative funds are difficult to manage, and the
success of the Opportunistic Fund shines a light on the strength
and skill of our portfolio management team.”
Stacy Kymes is president and CEO of Tulsa-based BOK Financial,
parent company of Cavanal Hill Investment Management, which is the
sub-advisor to the Cavanal Hill Funds.
Kymes, who took over leadership of the top-25 financial services
company in January, said this recognition reflects the
corporation’s overall efforts in the wealth management space.
“Wealth management is a significant part of BOK Financial,
demonstrated by the fact that we ended last year with more than
$100 billion in assets under management,” Kymes said. “The Lipper
Fund Awards, and other industry recognition, reflect our commitment
and intentionality. Cavanal Hill focuses on performing at the top
of the industry, and represents a real differentiator for our
company.”
The Cavanal Hill Opportunistic Fund, Institutional (AIOPX)
earned the award for superior risk-adjusted performance versus its
47 peers in the Absolute Return category for the ten-year period
ended November 30, 2021. “Cavanal Hill is a unique firm with a
distinct approach and our clients continue to benefit from the
success of this matchless fund,” said Stephani. The Opportunistic
Fund began operations on September 1, 2011.
“Our Fund has the ability to invest across asset classes and
economic sectors as well as be flexible with market exposure. We
believe these features are beneficial to clients seeking returns
regardless of underlying financial, economic or political
environments,” said Brandon Barnes, who manages the Opportunistic
Fund with Stephani. “This award is a testament to the expertise of
our analyst team and their ability to find attractive investments
across a wide universe.”
Stephani said avoiding fads and focusing on long-term strategy
is what has made the Cavanal Hill Funds so successful.
“We believe the pursuit of superior long-term investment
performance requires a concrete strategy with a robust
risk-management process,” said Stephani. “We avoid investment fads
and trends, focusing instead on proprietary research, disciplined
buy and sell guidelines, and patience. Over time, this approach has
been successful, as these Lipper awards attest.”
DisclosuresCavanal Hill Investment Management,
Inc. is an SEC registered investment adviser and a wholly-owned
subsidiary of BOKF, NA, a wholly-owned subsidiary of BOK Financial
Corporation, a financial holding company (“BOKF”). BOKF, NA serves
as the custodian for the Cavanal Hill Funds. BOKF holdings also
include the distributor for Cavanal Hill Funds, Cavanal Hill
Distributors, Inc., member FINRA.
Cavanal Hill Distributors, Inc. is a wholly-owned subsidiary of
BOK Financial Corporation, and an affiliate of BOKF, NA and Cavanal
Hill Investment Management, Inc.
Past performance does not guarantee future results.
Investments are subject to risks, including the possible loss of
the principal amount invested. An investor should consider the
Fund’s investment objectives, risks, and charges and expenses
carefully before investing or sending money. This and other
important information about the investment company can be found in
the Fund’s prospectus summary prospectus. To obtain a prospectus or
summary prospectus online, please visit cavanalhillfunds.com or
call 800-762-7085. Please read the prospectus or summary prospectus
carefully before investing.
Investment RisksEquity securities (stocks) are more volatile and
carry more risk than other forms of investments, including
investments in high-grade fixed income securities. Investments in
the Fund are subject to the risks related to direct investment in
real estate, such real estate risk, regulatory risks, concentration
risk, and diversification risk. Fixed income securities are subject
to interest rate risks. The principal value of a bond falls when
interest rates rise and rise when interest rates fall. During
periods of risking interest rates, the value of a bond investment
is at greater risk than during periods of stable or falling rates.
International investing involves increased risk and volatility.
Mid-and Small-cap companies may be more vulnerable to adverse
business or economic developments.
Refinitiv Lipper DisclosuresThe Refinitiv Lipper Fund Awards,
granted annually, highlight funds and fund companies that have
excelled in delivering consistently strong risk-adjusted
performance relative to their peers. The Refinitiv Lipper Fund
Awards are based on the Lipper Leader for consistent Return rating,
which is a risk-adjusted performance measure calculated over 36, 60
and 120 months. The fund with the highest Lipper Leader for
Consistent Return (Effective Return) value in each eligible
classification wins the Refinitiv Lipper Fund Award. For more
information, see lipperfundawards.com. Although Refinitiv Lipper
makes reasonable efforts to ensure the accuracy and reliability of
the data contained herein, the accuracy is not guaranteed by
Refinitiv Lipper.
Opportunistic Fund (AIOPX)As of 11/30/2020. 1-Year (21 out of
143). 3-Year (13 out of 130), 5-Year (15 out of 115), 10-Year (1
out of 47) in the absolute return category for the annualized
ten-year period.
Contact: Cydney Baron
Cbaron@bokf.com
918.588.6506
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