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DAILY NAV* $11.88 |
DAILY CHANGE* $0.08 |
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PORTFOLIO ASSETS $45.79 Million |
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* Daily data as of 05/15/2025. All other data as of 03/31/2025
| Fund Inception Date | 03/01/2017 |
| Ticker Symbol | WMKTX |
| CUSIP | 951025600 |
| Number of Funds | 16 |
Portfolio Manager
Robert "Bob" McGee, CFA®
Senior Vice President and Chief Investment Strategist
Bob McGee, CFA®, Senior Vice President and Chief Investment Strategist, WesBanco Trust and Investment Services, is responsible for developing and communicating the company's investment and economic outlook, as well as providing portfolio management and asset allocation guidance. He is President and Portfolio Manager of the WesMark Funds, serving as lead portfolio manager for the WesMark Balanced Fund, WesMark Government Bond Fund, WesMark Large Company Fund, WesMark Small Company Fund, and WesMark Tactical Opportunity Fund.
Bob joined WesBanco Trust and Investment Services in 2023 and has more than 30 years of experience in investment research, portfolio management and portfolio construction. He has a deep understanding of the global and local financial markets and a proven track record of success in managing investment portfolios.
Bob earned a Bachelor of Arts in Finance from Indiana University of Pennsylvania and a Masters of Business Administration from Carnegie Mellon University. Mr. McGee is also a Chartered Financial Analyst.
Investment Objective
The WesMark Tactical Opportunity Fund seeks to achieve capital appreciation by resourcefully shifting the asset mix of the Fund in response to changing prospects for returns in capital markets. The portfolio’s asset allocation, which is designed to benefit from inconsistencies presented in, but not limited to, valuation levels, interest rate outlook, and economic and market opportunities. It is expected that during normal market conditions that the Fund's allocation to equities or fixed income investments will not exceed 85% of the Fund’s assets. With respect to its investment in equity securities, the Fund may invest in large cap stocks, small- and mid-cap stocks and international equity securities (including emerging market equity securities). With respect to its investment in fixed income securities, the Fund may invest in domestic or foreign securities, corporate or sovereign, and of any quality or duration.
Portfolio Management Strategy
- The Fund seeks to provide growth of investors’ capital through dynamically investing across asset classes to deliver returns over a variety of market conditions.
- Our strategy is driven by monitoring numerous business cycle indicators, combined with real-time evaluation of fundamentals, valuations, and asset class trends in order to create a more broadly diversified portfolio, which is expected to have less correlation to broader asset classes.
- Our proactive and disciplined approach attempts to reduce overall volatility and produce a more consistent compounding of returns.
Risks
The Tactical Opportunity Fund will make dynamic changes to the Fund's asset class mix based on a number of factors including but not limited to economic opportunities and expected changes in asset class valuations or underlying fundamentals. As a result, the Fund's exposure to different asset classes may not be optimal for market conditions at a given time.
An investment in the Fund involves risks, including loss of principal. The Fund anticipates that it will predominately invest in exchange-traded funds (ETFs), this may result in higher fees and expenses for a Fund, because the Fund and its shareholders will bear a pro rata portion of the ETF's fees and expenses. Investment in the Fund is subject to investment risks, including, without limitation, market risk, credit risk, interest rate risk, risks related to ETF net asset value and market price, foreign securities risk, commodity risk, manager risks, risks of investing in real estate investment trust (REITs), and risks related to company size. However, diversification will not protect the Fund against widespread or prolonged declines in the stock market. More information about these and other risks can be found in the Fund's prospectus.
Top 10 Holdings
as of 03/31/2025, subject to change
| iShares iBoxx $ Investment Grade Corporate Bond ETF | 14.0% |
| iShares® Core U.S. Aggregate Bond ETF | 13.8% |
| iShares Russell 2000 ETF | 10.9% |
| Vanguard Mega Cap Value ETF | 10.5% |
| SPDR Gold Shares | 7.9% |
| iShares MSCI ACWI ex U.S. ETF | 7.2% |
| SPDR S&P 500 ETF Trust | 6.7% |
| Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 4.7% |
| Invesco S&P 500 Equal Weight ETF | 4.2% |
| Energy Select Sector SPDR Fund | 3.8% |
| Totalas a % of Net Assets | 83.7% |
Holdings are subject to change and do not constitute a recommendation or solicitation to buy or sell a particular security. Current and future portfolio holdings are subject to risk.
Fund Performance
Month End Fund Performance as of 04/30/2025, subject to change
| Cumulative | Annualized | Expense Ratio† | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | Ticker | Performance Inception |
Daily NAV‡ | 3 MO | YTD | 1 YR | 5 YR | 10 YR | Net | Gross | |
| Tactical Opportunity Fund | WMKTX | 3/01/2017 | $11.88 | -1.90% | 0.47% | 6.29% | 7.15% | - | 1.63% | 1.63% | |
| S&P 500 Total Return Index | -7.50% | -4.92% | 12.10% | 15.61% | - | ||||||
| Bloomberg US Aggregate Index | 2.64% | 3.18% | 8.02% | -0.67% | - | ||||||
Quarter End Fund Performance as of 03/31/2025, subject to change
| Cumulative | Annualized | Expense Ratio† | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | Ticker | Performance Inception |
Daily NAV‡ | 3 MO | YTD | 1 YR | 5 YR | 10 YR | Net | Gross | |
| Tactical Opportunity Fund | WMKTX | 3/01/2017 | $11.88 | 1.68% | 1.68% | 4.82% | 9.10% | - | 1.63% | 1.63% | |
| S&P 500 Total Return Index | -4.27% | -4.27% | 8.25% | 18.59% | - | ||||||
| Bloomberg US Aggregate Index | 2.78% | 2.78% | 4.88% | -0.40% | - | ||||||
†The Expenses for the Fund as disclosed in the prospectus dated 03/04/2025. The Expense Ratio represents the operating costs borne by the fund, expressed as a percentage of the fund's average net assets, listed as "Total Annual Fund Operating Expenses" in the Fees and Expenses of the Fund table in the prospectus.
‡ Daily NAV table data as of 05/15/2025
Performance data quoted represents past performance which is no guarantee of future results. Investment return and principal value will fluctuate so when shares are redeemed, they may be worth more or less than their original cost. Mutual fund performance changes over time and current performance may be lower or higher than what is stated. To receive performance current to the most recent month-end, please call 1-800-864-1013. See the prospectus for other fees and expenses that apply to a continued investment in the funds.
The S&P 500® measures the performance of 500 large-cap U.S. companies. The S&P 500 is not adjusted to reflect sales charges, expenses or other fees that the SEC requires to be reflected in the Fund's performance. The index is unmanaged and unlike the Fund, it is not affected by cash flows. It is not possible to invest directly in an index.
The Bloomberg Aggregate Index is an unmanaged market value weighted performance index for broad exposure to US Investment-Grade bonds. The index is not adjusted to reflect sales charges, expenses or other fees that the SEC requires to be reflected in the Fund's performance. The index is unmanaged and unlike the Fund, is not affected by cash flows. It is not possible to invest directly in an index.
Total return represents the value of an investment after reinvesting all income and capital gains.
Small company stocks are less liquid and subject to greater price volatility than large capitalization stocks. A portion of the income generated by the municipal and tax-free funds are subject to the federal alternative minimum tax and state and local taxes.
Bond prices are sensitive to changes in interest rates and a rise in interest rates can cause a decline in their prices.
The WesMark Balanced Fund, WesMark West Virginia Municipal Bond Fund, and WesMark Small Company Fund are each the successor to a common trust fund managed by the Adviser. The quoted performance data includes performance for the corresponding common trust fund during periods before the funds' registration statements became effective (on August 1, 2000 for the Small Company Fund; on March 12, 1997 for the West Virginia Municipal Bond Fund; and on March 24, 1998 for the Balanced Fund), as adjusted to reflect the funds' anticipated expenses. The common trust funds were not registered under the Investment Company Act of 1940 ("1940 Act") and therefore were not subject to certain restrictions imposed by the 1940 Act. If the common trust funds had been registered under the 1940 Act, the performance may have been adversely affected.
These performance numbers are pre-tax. Regulations do not require us to provide after tax returns. For after tax returns, call 1-800-864-1013.
For inquiry call: 1-800-864-1013
