SOURCE: Meeder Financial

Meeder Financial

April 05, 2011 08:00 ET

The Flex-funds® Quantex Fund™ Named Best Mid-Cap Value Fund by Lipper

DUBLIN, OH--(Marketwire - April 5, 2011) - The Flex-funds® announced today that The Quantex Fund™ (FLCGX) has been honored with a 2011 Lipper Fund Award. The Lipper Fund Awards program recognizes mutual funds and fund management firms "that have excelled in delivering consistently strong risk-adjusted performance, relative to peers." 

The Quantex Fund™ was named best Mid-Cap Value Fund, out of 140 funds, for the three year period ending December 31, 2010. "This is truly an honor for The Flex-funds® and Meeder Asset Management," said Dale Smith, Chief Investment Officer of Meeder Asset Management, investment advisor to The Flex-funds. "Our commitment to the Fund's strategy has allowed for its success."

Launched in 1985 as a large-cap growth fund, the Fund's name and strategy changed in 2005. Today, the The Quantex Fund™ seeks growth of capital over a long-term time horizon through investment in a diversified, style-neutral portfolio of small- and mid-capitalization stocks.

"We believe the quantitative strategy of The Quantex Fund™ compliments the strategies used in all of our Funds," remarked Steve Holmes, Senior Vice President, Sales and Marketing. "It is the goal of our Company to create risk-adjusted investment solutions for financial advisors to use in meeting the goals of their investors from individuals to institutions. The success of The Quantex Fund™ demonstrates the commitment of Meeder Financial to this goal and the strength of our investment team."

Meeder Financial celebrated its 37th anniversary in March 2011, and is proud to provide investment solutions to Financial Advisors and their clients. For more information about Meeder Financial or The Flex-funds®, visit www.meederfinancial.com or call 866-633-3371. 

Past performance is not a guarantee of future results. All performance figures represent total returns for the period ended December 31, 2010. Investment performance assumes reinvestment of all dividend and capital gain distributions. The investment return and principal value of an investment will fluctuate so an investor's shares or units, when redeemed, may be worth more or less than their original cost. For current Fund performance information, visit www.flexfunds.com. Investors are advised to consider the investment objectives, risks, charges and expenses of The Flex-funds® carefully before investing. The Flex-funds® prospectus contains this and other information about the Funds and should be read carefully before investing. To request or receive a copy of The Flex-funds® prospectus, contact Shareholder Services at 800.325.3539 or visit www.flexfunds.com.

Contact Information

  • Contact:
    Stephanie Cunningham
    Meeder Financial, Inc.
    Phone: (614) 760.2121
    Fax: (614) 923.1145