GuideStone Funds named 2nd overall by f i360
Roy Hayhurst, Baptist Press
August 01, 2011

GuideStone Funds named 2nd overall by f i360

GuideStone Funds named 2nd overall by f i360
Roy Hayhurst, Baptist Press
August 01, 2011


GuideStone Funds was ranked number two among its 222 peers for the period from

April 1 through June 30 by fi360 Fund Family Fiduciary Rankings.

Additionally, the MyDestination 2035 and 2045 funds of

GuideStone Financial Resources of the Southern Baptist Convention were ranked

number one in their respective categories for the one-year period ending June

30, according to the industry-ranking firm Lipper. The Extended-Duration Bond

Fund (GS2 class) finished with number one rankings in the three- and five-year

periods ending June 30.

As of June 30, the MyDestination 2035 Fund was ranked 1 of

107 funds in the one-year period and 26 of 76 funds in the three-year period in

Lipper’s Mixed-Asset Target 2035 category, while the MyDestination 2045 Fund

was ranked first among 106 funds in the one-year period and 27 among 75 funds

in the three-year period in the Mixed-Asset Target 2045 category. The

Extended-Duration Bond Fund (GS2 Class) was ranked 13th among 138 funds in the

one-year period, first among 121 funds in the three-year period and first among

115 funds in the five-year period in Lipper’s Corporate Debt Funds A Rated


In addition to Lipper’s number one rankings, 10 out of 13

funds in the GS2 class and 14 out of 21 funds in the GS4 class exceeded their

Lipper medians.

(The share classes are defined in each prospectus and relate

to eligibility of participants and plan size.)

GuideStone Funds continues to rank higher than many

well-known household names in the mutual fund industry.

John R. Jones, chief operating officer

of GuideStone Financial Resources and president of GuideStone Funds, said,

“These accolades from two respected ratings agencies (fi360 and Lipper) help

demonstrate the quality work that our GuideStone team performs daily. Our

investment team, managers and sub-advisers all seek to benefit our

participants. These rankings indicate their work is recognized by industry


To determine fi360 standings, mutual fund and ETF (exchange

traded fund) families are ranked by the percentage of individual funds in a

family that have a fi360 Fiduciary Score in the top quartile of their peer

group. The score evaluates investments on nine different criteria to determine

if the investment meets a minimum fiduciary standard of care: regulatory

oversight, track record, assets in the investment, stability of the

organization, composition consistent with asset class, style consistency,

expense ratio/fees relative to peers, risk-adjusted performance relative to

peers and performance relative to peers. Additionally, fund families must

contain at least five distinct funds with a three-year history to be considered

in the report.

Similarly, Lipper’s benchmarking and classifications are

widely recognized as the industry’s standard by asset managers, fund companies and

financial intermediaries. Lipper Rankings compare the performance of mutual

funds with a universe of funds having similar investment objectives and include

both socially screened and unscreened funds. Rankings are subject to change


For more information on GuideStone Funds, including the

prospectus and other funds’ individual rankings, visit GuideStoneFunds.org.

Retirement plan participants who want to determine if any of the funds

mentioned are an appropriate component of their portfolio can use GPS:

Guided Planning Services by logging into their accounts at MyGuideStone.

(EDITOR’S NOTE — Hayhurst is editorial services manager for

GuideStone Financial Resources of the Southern Baptist Convention.)