Firm Overview

Sterling Capital Management LLC is a registered investment adviser founded in 1970. An investment firm, Sterling is an independently operated subsidiary of BB&T Corporation, one of the nation's largest financial services holding companies. Sterling is headquartered in Charlotte, NC with offices in Raleigh, NC; Atlanta, GA; Washington, D.C.; San Francisco, CA; Richmond, VA; and Virginia Beach, VA. As of 12/31/2014, Sterling has over $47 billion in assets under management overseen by 105 investment and client service professionals.

Investment Objective

  • The Fund seeks capital appreciation by investing primarily in a group of diversified Sterling Capital Funds which invest mainly in equity securities.
  • The portfolio management team will make allocation decisions according to their outlook for the economy, financial markets and relative market valuation of the Underlying Funds.
  • The Fund will invest up to 100% of its total assets in Underlying Funds which invest mainly in equity securities, and up to 15% of its total assets in underlying Funds which are money market funds.

Investment Considerations

The Strategic Allocation Funds (Funds of Funds) are primarily concentrated in underlying funds and are therefore subject to the same risks the funds are invested in as well as entails higher expenses than if invested into a fund directly. The underlying Funds may be invested in equity securities and is subject to market risk. Investments in bonds are subject to credit risk, call risk and interest rate risk so that as interest rates rise the value of bond prices will decline. The underlying Funds may invest in more aggressive investments such as foreign securities, which involves certain risks such as currency volatility, political and social instability and reduced market liquidity; small capitalization companies subject to greater volatility and less liquidity due to limited resources or product lines and more sensitive to economic factors; and high-yield (junk) debt securities which involve greater risks than investment grade bonds.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in them.

Fund Facts

Class A Shares Class B Shares Class C Shares Inst'l Shares
Inception Date 03/19/2001 03/19/2001 03/19/2001 03/19/2001
Investment Minimum $1,000.00 $1,000.00 $1,000.00 $1,000,000.00
Subsequent Investment $0.00 $0.00 $0.00 NA
Max. Up Front Sales Charge 5.75% NA NA NA
Max. Deferred Sales Charge NA 5.00% 1.00% NA