Overview:

Fund data as of 03/31/2021 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 for 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 $789
Number of holdings 471

*Does not include currencies or forward currency contracts.

Benchmark^
100%
MSCI® Emerging Markets Index 100%
Sub-Adviser Composite
33% 27% 18% 22%
AQR Capital Management 33%
Wellington Management Company 27%
Goldman Sachs Asset Management 18%
RBC Global Asset Management (UK) 22%

GuideStone Capital Management, LLC (the “Adviser”), the adviser to the Fund, may invest directly in securities on behalf of the Fund. The Adviser also maintains a sub-advisory agreement with Parametric Portfolio Associates LLC ("Parametric") under which Parametric will provide completion portfolios within the Fund, as instructed by the Adviser. The Adviser’s direct investments and Parametric’s “completion portfolios” are used to assist in preserving the desired risk exposures for the Fund in furtherance of its investment objective. Direct investments and completion portfolios that are short-term in nature are not included in the target allocations of the Fund to sub-advisers listed above.

Performance

Net Asset Value (as of 6/11/2021)
Net Asset Value $13.39
Inception Date
Inception Date 10/31/2013
FEES AND EXPENSES (annualized)
Gross 1.52%
Net 1.52%
Daily Performance (as of 6/11/2021)
One Month 3.64%
Three Month 2.06%
Year To Date 8.95%
One Year 48.50%
Three Year* 8.95%
Five Year* 12.58%
Ten Year* N/A
Since Inception* 5.06%
*Returns are annualized.
The performance data quoted represents past performance and does not guarantee future results.
Quarterly Performance (as of 3/31/2021)
Fund Benchmark
Three Month 3.34% 2.29%
YTD 3.34% 2.29%
One Year 64.74% 58.39%
Three Year* 5.37% 6.47%
Five Year* 11.36% 12.07%
Since Inception* 4.45% 5.72%
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 performance may be obtained at GuideStoneFunds.com/Funds. Benchmark performance numbers are provided by Morningstar, Inc. and have not been verified by GuideStone Funds. The investment return of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Year 2013 annual performance began 11/01/2013. Returns exceeding 20% reflect unusual market conditions and may not be sustained at this level over the long term.
*Returns are annualized.
Annual Performance (as of 3/31/2021)
Fund Benchmark
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%
2019 19.64% 18.42%
2020 21.60% 18.31%
Benchmark: MSCI® Emerging Markets Index
The performance data quoted represents past performance and does not guarantee future results.
Morningstar
Morningstar Rating based upon risk-adjusted return as of 4/30/2021
Category: Diversified Emerging Mkts
(Three Stars) Overall rating among 689 funds in this category.
(Three Stars) Three year rating among 689 funds in this category.
(Three Stars) Five year rating among 595 funds in this category.

©2020 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.

Characteristics

Asset Allocation (as of 3/31/2021)
96%
Cash* 4%
Non-U.S. Equities 96%
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.

 

Equity Sector Holdings (as of 3/31/2021)
19.96% 17.01% 25.67%
Communication Services 9.52%
Consumer Discretionary 19.96%
Consumer Staples 6.68%
Energy 2.12%
Financial Services 17.01%
Health Care 3.21%
Industrials 4.92%
Materials 8.19%
Real Estate 1.77%
Information Technology 25.67%
Utilities 0.96%
Total 100.01%

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

Top Ten Equity Holdings (as of 3/31/2021)
Tencent Holdings Ltd 4.01%
Alibaba Group Holding Ltd ADR 3.90%
Taiwan Semiconductor Manufacturing Co Ltd 3.76%
Samsung Electronics Co Ltd 3.19%
SK Hynix Inc 2.39%
Naspers Ltd Class N 2.08%
Taiwan Semiconductor Manufacturing Co Ltd ADR 1.78%
Recv Eqix Ndeuthf Index 1.62%
Ping An Insurance (Group) Co. of China Ltd Class H 1.21%
MediaTek Inc 1.18%
Total 25.12%
Risk/Return Characteristics (as of 3/31/2021)
Standard Deviation 20.33%
R-Squared 98.47%
Beta vs. Benchmark 1.05
Beta vs. S&P 500 Index 0.87
Sharpe Ratio 0.29
Information Ratio -0.38
Calculated over previous 3 years
Portfolio Characteristics (as of 3/31/2021)
Price to Earnings Ratio 18.71x
Price to Book Ratio 2.26x
Weighted Avg Market Cap $42,861
*$ in millions
Top Ten Countries (as of 3/31/2021)
31.85% 14.12% 13.2%
China 31.85%
Taiwan 14.12%
Korea 13.20%
India 10.04%
South Africa 5.83%
Brazil 4.00%
United Kingdom 2.67%
Mexico 2.51%
Hong Kong 2.25%
Russia 2.09%
Total 88.56%

Charts

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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.