Jessica Lobato

McCormick Capital Management (MCM) employs a value-driven approach that adjusts allocation percentages as market conditions change and as opportunities are created. The Elite Income Fund seeks to achieve the highest income return possible through investments primarily in investment grade Government and corporate bonds. The Fund is suitable for investors who: (1) seek conservative intermediate-to-long-term investments (2) seek current income and are willing to forego growth of capital to get it and (3) can accept the risk of an aggressive investment of as much as 30% of the portfolio as a trade-off for increased income potential. The Fund balances investments in US Government bond instruments with investment grade corporate bonds. Portfolio weightings typically range from 60/40 to 40/60 Government/corporate. MCM's approach generally focuses on the use of longer maturity Government bonds and shorter maturity corporate bonds. This approach serves to reduce default risk and to benefit from higher yields on the long maturity Government issues. The Fund's weighted average maturity generally ranges from 5 to 6 years. The Elite Growth & Income Fund seeks to maximize total return through aggressive investments primarily in the equity markets and to a lesser degree the debt markets. The Fund is suitable for investors who: (1) seek n aggressive long-term investment strategy (2) seek capital growth and (3) can accept the risk of aggressive investments. MCM employs a GARP investment strategy. They look for companies with clean balance sheets, consistent earnings growth and relative value compared with peers and the overall market. The Fund The fund is diversified among many sectors with emphasis on the healthcare, financial and capital goods sectors.

Functions as a College/University

Operates clothing stores