As with any mutual fund or exchange-traded fund, socially responsible investments are subject to fluctuation in value and market risk. The Funds SAI is also available free of charge on the Funds website at www.equitrust.com. Fill out, securely sign, print or email your equitrust form instantly with SignNow. Default risk is the risk that an issuer of a debt security will default on the payment of the securitys principal and/or financial strength of an issuer may reduce the credit rating of its debt instruments and may affect their value. Repurchase Agreements. Furthermore, in Equitrust Mutual Funds. thereafter, there will be a charge of $3 per copy (with a maximum of $50 to be assessed). Requests received after that time will be effected the next business day. These are direct obligations of the U.S. Government and differ mainly in particular securities with payment and delivery to take place at a future date. report certain customer activity to the federal government and/or freeze the account of a shareholder if the shareholder appears to be involved in suspicious activity or if certain account information matches information on government BBB+ (Good) A.M. Best Company 2. in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. subsequently purchase shares of the Fund having an NAV of the amount of the requested deposit on or around the 16th day of the month. Chief Financial Officer and Treasurer; Dennis M. Marker, Chief Compliance Officer and Vice President-Investment Administration; Richard J. Kypta, Executive Vice President and General Counsel; John M. Paule, Executive Vice President; David T. Plan. loan associations, credit unions, brokers, dealers, and members of a national securities exchange or association. Early in his career, he received leveraged finance and capital markets training at Heller Financial/GE Capital and also worked for Franklin Street Equity Partners. The cost of the paper Drafts ordered will be collected by redemption of shares, or fractions The Fund pays other expenses, which include net asset value calculations; portfolio transaction costs; interest on Fund obligations; miscellaneous reports; membership dues; all expenses of This Fund invests This information has been derived from financial statements that have been audited by Ernst & Young LLP, an independent registered public In certain information about you. Personnel of the Adviser also manage investments for the portfolios of insurance companies. individually more than 1/2 of 1% of the securities of such issuer and together own more than 5% of the securities of such Kenn has also been active in public service, having previously served on the Board of the Sue Duncan Foundation and the YMCA. Previously, Katie was a Regional Human Resources Manager at Enterprise Rent-A-Car. of cleared paper Drafts by calling the Fund at its toll-free number, 877-860-2904 (in the Des Moines metropolitan area, call 515-225-5586), or by writing a letter to the Fund. We do not disclose information about former customers with non-affiliated third parties except in accordance with this Privacy Notice. Find out why mutual funds, like stocks, are equity securities, including the similarities and differences between investing in mutual funds and stocks. and payout (or income) annuities. Shares of the Fund may be purchased at their net asset value without any sales charge. purposes whether you receive them in cash or reinvest them. investor such as the Fund, who agrees that it is purchasing the paper for investment and not with a view to public distribution. If you are interested in exercising the exchange privilege, you must first obtain an exchange form from the Fund. some of the information we obtain about you with certain business partners in order to conduct company business. Calculations are Fund distributions received by your qualified retirement plan, such as a 401(k) Plan or IRA, are generally The investment decisions for the Fund are reached independently from those for the other mutual funds and other clients whose investments are managed by the Fund. Get FBBLX mutual fund information for EquiTrust-Blue-Chip-Portfolio, including a fund overview, , Morningstar summary, tax analysis, sector allocation, and more Payment of corporation having an outstanding debt issue rated at least AA or Aa by S&P or Moodys, respectively. withdrawn the redemption request in writing and the request has been received by EquiTrust Investment Management Services, Inc., 5400 University Avenue, West Des Moines, Iowa 50266, prior to the day of such determination of NAV. be guaranteed by a notary public. You may When yields decline, the market value of a portfolio holding higher yielding securities increases, and There is no sales charge. West Des Moines, Iowa 50266. The Fund invests in U.S. dollar-denominated money market securities maturing in thirteen month or less from the date of purchase. Amounts withheld may be credited against your federal income tax liability and you may file a tax return and obtain a refund from the IRS if withholding results in an overpayment of federal income tax for such In addition to the withdrawal fees charged by EquiTrust, don't forget that the IRS will hit you with a 10% income tax penalty if you withdraw funds from your annuity before you turn 59.5.. Ryan began his career in investment banking and capital markets at Morgan Stanley. In the event of a failure to qualify as a regulated investment company, the Funds distributions, to the extent derived from Under the Public Disclosure Program, the Financial Industry Regulatory Authority (FINRA) provides certain information Standard & Poor's 1. Don’t Be Your Own Worst Enemy. The Agreement may be amended only with the approval of a majority of the outstanding voting securities of the Fund. portfolio of income-bearing securities. On a jointly owned account, all owners must sign. EquiTrust does not publish its fixed interest rates for this annuity. 50266-5997, requesting redemption of either the number or dollar value of shares to be redeemed. retirement benefits. owned by the Fund. Ana entered the insurance industry in 1994 after graduating from Drake University with a bachelor's degree in Actuarial Science. Section 4(2) Commercial Paper. been signed below by the following persons in the capacities and on the dates indicated. directors and officers serve without any compensation from the Fund. All applications for telephone redemption must have signatures of shareholders Fund and may enter into selling agreements with other broker/dealers to offer and sell shares of the Fund. He has been active in public service, having served on the Board of the LA City Employees' Retirement System including two terms as President. its investments to securities that meet the quality and diversification requirements of Rule 2a-7 under the Investment Company Act of 1940 (the Investment Company Act). other short-term debt obligations of commercial banks or savings and loan associations. The Fund is required to comply with various federal anti-money laundering laws and regulations. Senior Vice President of Policy Administration and Community Relations. reviewed and approved the method of making such estimates), or values obtained from yield data relating to classes of money market instruments published by reputable sources at the mean between the bid and asked prices for those instruments. increase in interest rates will generally reduce the market value of the Funds portfolio investments and a decline in interest rates will generally increase the value of the Funds portfolio investments. EquiTrust Series Fund, Inc. currently offers six portfolios: the Value Growth Portfolio, High Grade Bond Portfolio, Strategic Yield Portfolio, Managed Portfolio, Money Market Portfolio and Blue Chip Portfolio. Get FABUX mutual fund information for Equitrust-Series-Fund-Inc, including a fund overview, , Morningstar summary, tax analysis, sector allocation, and more EquiTrust is committed to meeting the financial obligations of our customers. be received at the settlement date. Common benefits to annuities include: Eric is the Operating Partner of Magic Johnson Enterprises and oversees the company's day-to-day operations of its largest portfolio companies including President and CEO of EquiTrust, Managing Partner of JLC Infrastructure and Managing Director of the award-winning television network, ASPIRE. SIMPLEs and Qualified Pension and Profit Sharing Plans. subsequent investments, may be in any amount (subject to Automatic Investment Plan limitations). A minimum initial investment of $50 per account is required to establish an automatic investment plan. Chief Compliance Officer, Investment Compliance, Vice President and Secretary, EquiTrust Mutual Funds; Investment Compliance Vice President and Secretary, EquiTrust Investment Management Services, Inc. and other affiliates of the foregoing Rob Ruisch (41) Mutual Fund Accounting Director Since 2005 Mutual Fund Accounting Director, EquiTrust Investment Management Services, ⦠If you elect to participate in the Automatic Investment Plan, and all shares of an account with that option are exchanged for shares of any portfolio of EquiTrust There is some risk that issuers will fail to meet their Recently Mr. Holoman joined the Board of Directors of Cedars Sinai Medical Center. Information We Share. addition to its services to Registrant as investment adviser and shareholder service, transfer and dividend disbursing agent, all as set forth in Parts A and B of this Registration Statement on Form N-1A, EquiTrust acts as adviser and shareholder It appears that your JavaScript is disabled. During the fiscal year ended July 31, 2008, the aggregate amount of such fees paid to EquiTrust was $64,824, all of which was reimbursed to the Fund, and $36,887 was paid to DST by EquiTrust. Katie is the Senior Vice President of Human Resources and leads the human resources and talent acquisition strategy for the Company. identity cannot be verified. ... bonds, mutual funds, etc.). responsible for the overall supervision of the operations of the Fund under the laws of the state of Maryland and performs the various duties imposed on the directors of investment companies by the Investment Company Act. of principal. Next Section: ⦠Mailing Address. Trading Accounts / Foreign Currency. Accumulation annuities vary by the way in which interest credits are applied. If the Fund fails to meet these requirements in any taxable year, it would be taxed in the same manner as a regular Drafts is subject to acceptance by the Fund, and the Fund may refuse to honor Drafts whenever the right of redemption has been suspended or postponed, or whenever your account is otherwise impaired. omissions liability insurance policy under which the Registrant and its directors and officers are named insureds. and municipalities. All rights reserved. Some of these Variable Rate Demand Securities are unrated, their transfer is restricted Although your actual costs may be higher or lower, based on those assumptions your costs would be: The Fund seeks maximum current income consistent with liquidity and stability of principal. Any resale by the purchaser must be in an exempt transaction. Victory Capital mutual funds and USAA Mutual Funds are distributed by Victory Capital Services, Inc. (VCS), member FINRA, an affiliate of Victory Capital. Information about the Fund (including the SAI) can be reviewed and copied at the SECs Public Reference Room in Washington, D.C. You may obtain Ana entered the insurance industry in 1994 after graduating from Drake University with a bachelor's degree in Actuarial Science. Company Ratings. 2008. Ms. Bumgardner joined EquiTrust in 2003 and has been instrumental in the development of each EquiTrust annuity and life product. The The Fund may also be required to reject a purchase payment, block a shareholders Federated Investors, Inc. Jul 19, 2011, 08:52 ET. the aggregate dollar range of securities for all Funds in the EquiTrust Fund Complex owned by each director as of December 31, 2007. Accounting Firm. She is also a Fellow, Life Management Institute. Net realized long-term capital gains, if any, are paid to shareholders as capital gains distributions. The shares are transferable without restriction. The diversification requirements of Rule 2a-7 provide generally that the Fund may not, at the time of acquisition, invest This risk is common to all income-bearing securities and mutual funds that invest in them. An investment The Funds investments in U.S. Government securities are subject to interest rate risk. If you wish to use this method of redemption, you must complete the appropriate portions of the Application and it must be on file with the Fund. For further information regarding these plans, contact the Fund. An investment in the Fund is establish a Periodic Withdrawal Plan to provide for regular monthly, quarterly or annual payments of a fixed dollar amount or fixed percentage of the account balance ($100 annual minimum) to be sent to you or a designated payee. FBL Financial Group s stock is traded on the New York Stock Exchange under the ticker symbol FFG. The Funds financial statements are incorporated by reference in This means that rather than send one report The two directors listed with an In June 2017 Eric retired from the Banc Of California (Banc) board where he served on the Compensation, Executive and Governance committees. She is also a Fellow, Life Management Institute. December 31, 2010. company (State Street), serves as custodian and provides the required services for IRAs, Roth IRAs, Coverdell Education Savings Accounts, SEPs, Ms. Parson joined the company in 2003. domestic financial institution that is a member of the Federal Reserve System. average annual total returns of the Fund to those of the 90-day T-Bill Index and 0-3 Month T-Bill Index over the periods shown. Ms. Woodruff joined EquiTrust in 2003. For a further discussion of the manner in which such values are determined, see the SAI under the heading Net Asset Value.. While the Fund intends to invest in high quality money market instruments, these investments are not entirely without risk. Jeanne is the Vice President of Sales and oversees the growth, management and analysis of the EquiTrust distribution. The Fund maintains policies and procedures that govern the timing and circumstances of portfolio holdings Q.: I have a mutual fund I have been funding with $100 every month for the last 20 years. custodian, transfer and dividend disbursing agents and any fees of directors who are not affiliated with the Adviser; and insurance premiums for fidelity bond and other coverage of the Funds operations. indemnification of directors, officers, employees and agents. These restrictions, (a) through (d), may be changed by the Board of Directors without shareholder approval. record identifying information, which may include the name, street address, taxpayer identification number or other identifying information for shareholders who. Ms. Woodruff joined EquiTrust in 2003. The following individuals are officers and/or directors of the Adviser and are officers and/or directors of the Fund: Charles T. An exchange is treated as a taxable sale and new purchase for federal income tax purposes. EquiTrust is a smaller carrier in relation to competitors, yet still has more than $17 billionin assets under management. this information may not be accepted and orders may not be processed. Certificates of deposit, bankers acceptances and The Fund offers a number of shareholder services Expedited Redemption and any change or redemption that requires the submission of a certified document must be delivered in original form. Floating and Variable Rate In addition, we may share institutions and two other investment companies: EquiTrust Series Fund, Inc. and EquiTrust Variable Insurance Series Fund. My EquiTrust is a secured customer resource for current values, transaction history, updates, forms and general assistance. The concept of diversification is one reason why mutual funds and Exchange Traded Funds (ETFs) are so popular among investors. Realistic Return Expectations. EquiTrust Investment Management Services, Inc. (EquiTrust or Among her community commitments, Jeanne served 3 elected terms on the West Des Moines Community School Board, serving her last year as President. The Fund seeks maximum current income consistent with liquidity and stability of principal. Unlock this page Questions & Answers. You may make inquiries either by contacting your registered representative or by writing or calling the Fund at the address or phone Mr. Norton joined EquiTrust in 2017. Precious Metals. The following information supplements the information set forth in the Prospectus under the heading Portfolio Management. Pursuant to an Repurchase agreements relating to the Fund and its investment performance, and circulation of advertising and public relations material. As compensation for the investment advisory and management services and the aforementioned facilities and administrative services to be provided by the Adviser, the Fund has agreed to pay the Adviser an annual. A prospectus containing this and other information about the investment company can be obtained from your financial professional. necessary in the case of estates, trusts, guardianships, corporations, unincorporated associations and pension and profit sharing plans. Ana is the Vice President of Product Management and is responsible for the product development, pricing and profitability management for both annuities and life insurance. reduce expenses and the amount of mail that you receive, we have initiated householding of our Fund reports (annual and semi-annual reports, disclosure documents, prospectuses, proxies, etc.). Under the Funds In addition, the Funds investments in commercial paper may be subject to interest rate risk, as described above, and credit risk. Marquest Explorer F takes the top spot for mutual fund performance in Canada so far this year but lags the Canadian natural resources equity category – going back a decade. immediately after the appointment of any successor director, at least two-thirds of the directors have been elected by the shareholders of the Fund. The outstanding check(s) will then be voided and reinvested in your account. Prior to his appointment as Special Deputy, his career spanned private corporate practice and government. Who should Under Rule 2a-7, the Fund may only purchase United States He served as interim chief executive officer of CyDex, Inc., a drug delivery company, from late 2002 to mid 2003, ⦠product or service jointly with us. A joint marketing agreement is one where another financial institution offers a information about the Fund, has been filed with the SEC and is incorporated herein by reference. Avenue, West Des Moines, Iowa 50266. Please remember that past performance is no indicator or guarantee of the results that the Fund may achieve in the future. the matters to which such Agreement relates. the Fund. Variable Rate Securities in accordance with the Securities and Exchange Commission (the Commission) rules which allow the Fund to consider certain of such instruments as having maturities shorter than the maturity date on the face of the Equitrust also has "Associate Members" that have no voting interests in the company. You will be notified annually as to the federal income tax status of dividends and capital gains distributions made by the Fund. 877-860-2904. invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Fund is subject to the risk of income volatility, financial risk (credit risk), and market risk (interest rate risk) (see Types of Investment Risk below). With fixed-rate securities, a rise in interest rates typically causes a decline in market values, while a fall in interest rates typically causes an increase in market values. If your account has been closed, the The risk that the issuer of a security, or the counterparty to a contract, will default or otherwise not honor a These are fundamental policies and may not be Sharing information with companies with whom we have a joint marketing agreement. Short-term Trading. Please enable JavaScript in your browser settings and reload this page. Find the Best Mutual Funds to invest, check out top performing mutual funds reviews and analysis. MFs make it easy for rookie investors to follow a disciplined way of investing. regulated investment company, the Fund pays no federal income tax on the income and gains that it distributes to you. ETFs also can ⦠EquiTrust Life Insurance is one of the primary subsidiaries of the Farm Bureau Life Insurance Company. Shareholders may submit recommendations for nominees to the Board of Directors to the attention of the Chairman of the Nominating Committee. Month T-Bill Index more closely corresponds with the average maturity of the Fund. If the Fund offices should be closed because of a weather-related or accounting firm, whose report, along with the Funds financial statements, is included in the Annual Report, which is available, without charge, upon request from the Fund. Open repurchase agreements are assets, with the annual fee payable by the Fund not to exceed $30,000. 877-860-2904. The fund may have a narrow objective, such as the auto sector, or it may have a broader objective, such as large-cap stocks. To preserve its federal income tax status, the Fund must comply with certain requirements. Series Fund, Inc., the Automatic Investment Plan will continue under the account(s) to which the shares were exchanged, until such time as that fund is notified in writing to discontinue the Plan. You should consult your tax adviser regarding this 20% withholding requirement. Carol is the Vice President of Information Technology and oversees the Company's information technology operations. the Fund. be provided to the following categories of persons based upon the fact that they have a legitimate business need for such information and are subject to a duty of confidentiality: the Adviser; custodian; ratings or ranking agencies; companies that Prior to joining EquiTrust, she served for 10 years in the actuarial-product area at ING. The product range offered by EquiTrust to individuals includes fixed and indexed annuities, mutual funds and life products. The audited financial statements of the Fund, including the notes thereto, contained in the Annual Report to Shareholders of EquiTrust Money Market Fund, management investment companies. Not rated yet 0 Votes. Carol earned a BA from Luther College and an MBA from Iowa State University. a signature card. accompanied by a letter indicating the dollar value of the shares to be purchased, the account number and the registered owner(s). She holds insurance licenses in three states and served on the National Association for Fixed Annuities (NAFA) Board of Directors. and has its deposits insured by the Federal Deposit Insurance Corporation (FDIC). Likewise, at the employees, or the Fund receive any direct or indirect compensation in connection with the disclosure of information about portfolio holdings. instrument. To exercise these rights, you should provide a written request to the address below. and thereafter assuming a constant accretion of a discount or amortization of a premium to maturity. this information are available, upon paying a duplication fee, by electronic request at the following e-mail address: publicinfo@sec.gov, or by writing the Public Reference Section of the SEC, 100 F Street NE, Room 1850, Washington, D.C. 20549. The Fund will only make commitments to purchase securities on a when-issued or delayed delivery basis with the intention of actually acquiring the securities, but it reserves the right to sell such securities before the settlement date if The risk of decline in market value of an income-bearing investment due to changes in prevailing EquiTrust products are distributed through independent insurance agents and are not available for direct purchase. Fax requests will be accepted at 515-226-6209. The financial highlights table is intended to help you understand In such cases, disclosure of portfolio holdings information may be made only with prior written approval of the Chief Compliance Officer of the Fund. provide the Fund with your taxpayer identification number (TIN), certify that it is correct and certify that you are not subject to backup withholding. You may obtain copies The firm of Vedder Price P.C., Chicago, Illinois, is counsel for the Fund and its independent directors. Although the Fund does not charge for wiring funds, you will be responsible for wire fees, if any, charged by the receiving bank. Since 1996, EquiTrust has demonstrated exceptional growth by surpassing $18 billion in assets under management. equal rights with respect to dividends, assets, liquidation and redemption. Disclosure of portfolio holdings information to any of the aforementioned persons must be authorized by the Mutual Fund Accounting Director and Before you invest, please carefully read the section on INVESTMENT OBJECTIVE AND PRINCIPAL RISK FACTORS.. Ms. Taylor joined EquiTrust in 2003. Farm Bureau Life Insurance Company and FBL Financial Services division offers a range of insurance and investment products and services, such as ⦠determined by valuing the portfolio securities at amortized cost, pursuant to Rule 2a-7 under the Investment Company Act. The Distributor pays expenses incident to the sale and distribution of Fund shares, including preparation and distribution of literature The type of Mutual Fund schemes investing their assets into shares/stocks of different companies across market capitalisation, with an objective of generating higher returns is called Equity Mutual Funds. INVESTMENT OBJECTIVE AND PRINCIPAL RISK FACTORS, DESCRIPTION OF PRINCIPAL SECURITY TYPES AND ASSOCIATED RISKS, Annual/Semi-Annual Reports to Shareholders.
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