GE U.S. Equity A (GEEQX)
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Date updated:02-07-2008

From the GE Asset Management Website:

“We believe that investment in a select group of high-quality companies, which are industry leaders, offers greater potential to achieve above-average returns over a long-term period.”

“The investment process targets investments in companies with sustainable business models at reasonable valuations. GE Asset Management’s Research Team screens a universe of approximately 600 names to identify "competitive winners" that compose a "Stockwatch" list of approximately 300 companies. Each industry analyst then closely follows approximately 25 stocks: building earnings models, ranking companies in terms of investment attractiveness, visiting with company managements, contacting industry suppliers and competitors, attending industry conferences and leveraging GE businesses contacts worldwide. The portfolio managers draw upon the best long-term ideas of the research analysts in constructing the strategy and typically have a three- to-five-year investment time horizon. Individual security weightings are determined by the performance potential of the stock, level of conviction, and liquidity and market capitalization of the security. Sector allocation is a fallout of the stock selection process, but is monitored as part of the risk control process.”

The fund was featured in the February 5th issue of Barron’s, as one of the top funds for their favorite mutual fund family of 2006, GE Asset Management. Barron’s had this to say about the fund:

“finished in the top quarter of its Lipper peer group last year. Its 2006 return, adjusted for 12b-1 fees (something Lipper does for all of the funds in this survey), was north of 16%, slightly ahead of the Standard & Poor's 500's 15.80%.

Current Returns:

1-Year: 8.39%
3-Year: 9.33%
5-Year: 10.58%

As of 10/31/07

symbol name last price % change open
  • +
  • XOM
    Exxon Mobil Cp
  • $64.57
  • -9.69%
  • $68.74

No Analysis added

People owning XOM also tend to own: AAAIGIBMINTCJNJJPMKO

TheStreet.com Rating: B What is this?

  • +
  • AIG
    Amer Intl Group I
  • $2.11
  • -4.52%
  • $2.17

No Analysis added

People owning AIG also tend to own: AAIBMINTCJNJJPMKOMSFT

TheStreet.com Rating: D+ What is this?

  • +
  • CSCO
    Cisco Sys Inc
  • $17.41
  • -2.52%
  • $17.32

No Analysis added

People owning CSCO also tend to own: AAPLAMDDELLGOOGIBMINTCMSFT

TheStreet.com Rating: B- What is this?

  • +
  • PG
    Procter Gamble
  • $58.76
  • -6.07%
  • $61.39

No Analysis added

People owning PG also tend to own: CLCTDENNFFEXJBSSJRCCMEEMSFT

TheStreet.com Rating: A What is this?

  • +
  • C
    Citigroup Inc
  • $13.32
  • -6.06%
  • $13.70

No Analysis added

People owning C also tend to own: ACEBACCBCOPCVXDISGS

TheStreet.com Rating: C- What is this?

  • +
  • PEP
    Pepsico Inc
  • $53.64
  • -2.47%
  • $53.99

No Analysis added

People owning PEP also tend to own: ADMAVPBF-BBTICLCVSDEO

TheStreet.com Rating: A What is this?

  • +
  • MSFT
    Microsoft Cp
  • $21.53
  • -7.83%
  • $23.03

No Analysis added

People owning MSFT also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: B What is this?

  • +
  • AMGN
    Amgen
  • $49.70
  • -5.03%
  • $51.30

No Analysis added

People owning AMGN also tend to own: AAPLGESGPCECEMRVLOMRIANF

TheStreet.com Rating: B- What is this?

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