Overview:

Fund data as of 09/30/2019 unless otherwise specified.

Investment Objective:

The Fund seeks to provide long-term capital appreciation. Any income received is incidental to this objective.

Investment Strategy:

The Fund is actively managed and invests mainly in a diversified portfolio of equity securities that are economically tied to emerging markets.

Investment Suitability:

This Fund may be suitable to investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio with emerging market stocks.

Foreign and emerging market securities may involve additional risks, including social and political instability, reduced market liquidity, currency volatility, less available public information about the issuers of securities, less stringent regulatory standards and a lack of uniform accounting, auditing and financial standards. This description of risk is provided as a summary of the principal investment risks associated with this mutual fund. Refer to the Fund's prospectus for more detailed risk information.

  • NASDAQ Ticker: GEMZX
  • Inception Date: 10/31/2013
Fund Size ($ in millions)
Total fund net assets for all share classes 477
Number of holdings 508

*Does not include currencies or forward currency contracts

Benchmark^
100%
MSCI® Emerging Markets Index 100%
Sub-Adviser Composite
31% 29% 22% 18%
Wellington Management Company 31%
AQR Capital Management 29%
RBC Global Asset Management (UK) Limited^^ 22%
Goldman Sachs Asset Management 18%

Performance

Net Asset Value (as of 1/24/2020)
Net Asset Value $10.31
Inception Date
Inception Date 10/31/2013
FEES AND EXPENSES (annualized)
Gross Expense Ratio 1.55%
Net Expense Ratio* 1.57%
*The Adviser has agreed to waive fees and/or reimburse expenses to the extent needed to limit total annual operating expenses to 1.57% for the Investor Class. This contractual waiver and reimbursement applies to Fund operating expenses only and will remain in place until April 30, 2020.
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Daily Performance (as of 1/24/2020)
One Month 1.88%
Three Month 9.38%
Year To Date 1.08%
One Year 14.49%
Three Year* 7.42%
Five Year* 3.07%
Ten Year* N/A
Since Inception* 1.70%
*Returns are annualized.
The performance data quoted represents past performance and does not guarantee future results.
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Quarterly Performance (as of 9/30/2019)
Fund Benchmark
Three Month -3.81% -4.25%
YTD 7.00% 5.89%
One Year -4.22% -2.02%
Three Year* 3.51% 5.97%
Since Inception* -0.29% 1.87%
*Returns are annualized.
The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Performance data current to the most recent month-end and complete calendar year may be obtained at GuideStoneFunds.com/Funds. The investment return of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance would have been lower without fee waivers and reimbursements to the Fund in effect. Returns exceeding 20% reflect unusual market conditions and may not be sustained at this level over the long term.
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Annual Performance (as of 9/30/2019)
Fund Benchmark
2013 -2.50% -2.89%
2014 -4.38% -2.19%
2015 -19.25% -14.92%
2016 13.35% 11.19%
2017 35.37% 37.28%
2018 -20.49% -14.57%
Benchmark: MSCI® Emerging Markets Index
The performance data quoted represents past performance and does not guarantee future results.
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Morningstar
Morningstar Rating based upon risk-adjusted return as of 12/31/2019
Category: Diversified Emerging Mkts
(Two Stars) Overall rating among 712 funds in this category.
(Two Stars) Three year rating among 712 funds in this category.
(Two Stars) Five year rating among 577 funds in this category.

©2019 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

The Morningstar Rating™ for funds, or “star rating,” is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds and separate accounts) with at least a 3-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% 3-year rating for 36–59 months of total returns, 60% 5-year rating/40% 3-year rating for 60–119 months of total returns and 50% 10-year rating/30% 5-year rating/20% 3-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent 3-year period actually has the greatest impact because it is included in all three rating periods. Ratings are for the share class shown only; other classes may vary. Past performance is no guarantee of future results.

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Characteristics

Asset Allocation
94%
Non-U.S. Equities 94%
Cash* 6%
Total 100%
*Cash is maintained by the Fund for liquidity purposes and may be overlaid with equity and / or U.S. Treasury futures to provide capital market exposure.

 

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Equity Sector Holdings
13.7% 22.32% 26.67%
Communication Services 5.84%
Consumer Discretionary 13.70%
Consumer Staples 5.17%
Energy 5.72%
Financial Services 22.32%
Health Care 3.26%
Industrials 5.63%
Materials 5.60%
Real Estate 2.10%
Technology 26.67%
Utilities 3.98%
Total 99.99%

Due to rounding, portfolio holdings data may not sum to 100%.

Top Ten Equity Holdings
Samsung Electronics Co., Ltd. 4.79%
Alibaba Group Holding Ltd. Sponsored ADR 4.65%
Tencent Holdings Ltd. 4.47%
Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR 2.71%
Taiwan Semiconductor Manufacturing Co., Ltd. 2.37%
SK hynix Inc 1.98%
AIA Group Limited 1.39%
CNOOC Limited 1.25%
Naspers Limited Class N 1.12%
Wal-Mart de Mexico SAB de CV 1.09%
Total 25.82%
Risk/Return Characteristics
Standard Deviation 16.14%
R-Squared 97.70%
Beta vs. Benchmark 1.03
Beta vs. S&P 500 Index 0.96
Sharpe Ratio -0.06
Information Ratio -0.93
Calculated over previous 5 years
Portfolio Characteristics
Price to Earnings Ratio 20.20x
Price to Book Ratio 3.30x
5 Year EPS Growth 15.30%
Weighted Avg Market Cap* $85,612
* $ in millions
Top Ten Countries
23.63% 12.27%
China 23.63%
South Korea 12.27%
Taiwan 11.53%
Brazil 9.22%
India 8.95%
Hong Kong 7.41%
South Africa 4.44%
Thailand 2.49%
Russian Federation 2.49%
Mexico 2.40%
Total 84.83%

Charts

Growth of a Hypothetical $10,000 Investment
Growth of a Hypothetical $10,000 Investment

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Historical Prices & Distributions

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Historical Prices & Distributions

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Date Value Description

Prospectus & Reports

To keep you up to date on the latest information from GuideStone Funds, below is a list of documents and reports about our mutual funds.

You should carefully consider the investment objectives, risks, charges and expenses of the GuideStone Funds before investing. A prospectus with this and other information about the Funds may be obtained by calling 1-888-GS-FUNDS (1-888-473-8637) or downloading one. It should be read carefully before investing.

GuideStone Funds shares are distributed by Foreside Funds Distributors LLC, not an advisor affiliate. Foreside is not a registered investment adviser and does not provide investment advice.

Portfolio composition subject to change at any time.

^ The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets.  As of March 29, 2019, the index consists of the following 24 emerging market country indexes: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Pakistan, Peru, Philippines, Poland, Qatar, Russia, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates.  The funds described herein are indexed to an MSCI index and are not sponsored, endorsed or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with GuideStone Funds and any related funds. Index used with permission. It is not possible to invest directly in an index.

Price to Earnings Ratio - A ratio used to compare the price of a fund’s stocks with their per-share earnings.

Price to Book Ratio - A ratio used to compare the book value of fund’s stocks with their market value.

5 Year EPS Growth - Five-year weighted average annualized earnings growth for companies within a fund.

Weighted Average Market Cap - An index of stocks in which companies that have a greater overall market capitalization are more strongly represented than companies with smaller market capitalizations.

Standard Deviation — Depicts how widely returns varied over a certain period of time. A high standard deviation implies greater volatility and greater risk.

R-squared - Shows the percentage of a fund's performance that is explained by movements in the benchmark index. An R-squared of 100% indicates that all movements of a fund can be explained by movements in the benchmark.

Beta vs. Benchmark - Beta is a measure of a fund's sensitivity to market movements as defined by the fund's benchmark. A fund with a higher beta relative to the benchmark is more volatile than the benchmark.

Beta vs. S&P 500© Index — Beta is a measure of a fund’s sensitivity to market movements as defined by the S&P 500© Index. A fund with a higher beta relative to the S&P 500© Index is more volatile than the S&P 500© Index.

Sharpe Ratio - A risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better the fund's historical risk adjusted performance.

Information Ratio - Measures how much the fund outperformed the benchmark per unit of additional risk taken.

Net Asset Value — The Net Asset Value (NAV) is calculated by taking the closing market value of all the investments owned by the Fund, plus all other assets such as cash, subtracting all liabilities, then dividing the result (total net assets) by the total number of shares outstanding.

Record Date — The distribution that an investor receives is calculated based on the number of shares that an investor owns on Record Date, typically using the share balance in an investor's account at the close of that day’s business.

Pay / Reinvest Date — The date on which distributions are posted to accounts for reinvestment or paid to shareholders who take distributions in cash.

Dividends — Dividends are income distributions to shareholders out of income from the fund's investments.

Short-Term Capital Gains — Distributions to shareholders derived from the profit of the sale of stocks or bonds held within the Fund for a period of one year or less.

Long-Term Capital Gains — Distributions to shareholders derived from the profit of the sale of stocks or bonds held within the Fund for a period of more than one year.