MoA Small Cap Equity Index Fund Overview

As of 3/31/2024

The MoA Small Cap Equity Index Fund seeks investment results that correspond to the performance of the S&P SmallCap® 600 Index.

The Fund Features:

  • A portfolio that primarily invests in the 600 stocks included in the S&P SmallCap® 600 Index
  • Lower cost access to the capital appreciation potential of smaller U.S. companies

Morningstar Ratings™

Time Period Rating # Funds in Category
Overall 584
3 Year 584
5 Year 552
10 Year 384
Based on risk adjusted return among Morningstar Small Blend category.

Portfolio Managers

Jamie Zendel, FRM

Jamie Zendel, FRM

Executive Vice President, Head of Quantitative Strategies

Portfolio Manager Since 2007

Over 26 years of investment experience

Erik Wennerstrum, CPA

Erik Wennerstrum, CPA

Vice President, Quantitative Research

Portfolio Manager Since 2019

Over 9 years of investment experience

MoA Small Cap Equity Index Fund Performance

Monthly

As of 3/31/2024
Annualized
Class 1 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Small Cap Equity Index Fund 3.16 2.45 15.77 2.09 8.83 6.30
S&P SmallCap® 600 Index 3.24 2.46 15.93 2.28 9.15 6.45
Morningstar Small Blend Category Avg 3.84 5.66 18.93 3.43 9.33
Percentile Rank in Morningstar Category 75 68 66
Number of Funds in Category 610 584 552
Date of Inception: 7/2/2018 | Gross Expense Ratio: 0.25% | Net Expense Ratio: 0.15%

Quarterly

As of 3/31/2024
Annualized
Class 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Small Cap Equity Index Fund 2.45 2.45 15.77 2.09 8.83 6.30
S&P SmallCap® 600 Index 2.46 2.46 15.93 2.28 9.15 6.45
Morningstar Small Blend Category Avg 5.66 5.66 18.93 3.43 9.33
Percentile Rank in Morningstar Category 75 68 66
Number of Funds in Category 610 584 552
Date of Inception: 7/2/2018 | Gross Expense Ratio: 0.25% | Net Expense Ratio: 0.15%

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call 800.914.8716 or visit the Fund’s website at moafunds.com.

The Adviser has contractually agreed to reimburse the Fund’s direct operating expenses other than management fees to the extent such operating expenses exceed 0.07% (excluding any extraordinary expenses that may arise and charges incurred in trading portfolio securities). This contractual obligation may not be terminated before April 30, 2024, and will continue for each succeeding 12 month period thereafter, unless either the Investment Company (at the direction of its Board of Directors) gives not less than 30 days’ notice of termination to the Adviser or the Adviser gives written notice of termination to the Investment Company within a 45 calendar day period prior to the next May 1.

MoA Small Cap Equity Index Fund Portfolio Characteristics

As of 3/31/2024

Top 10 Holdings (%)

Holding Fund
iShares Core S&P Small-Cap ETF 1.42
Ensign Group Inc 0.58
Fabrinet 0.57
SPS Commerce Inc 0.57
ATI Inc 0.54
Meritage Homes Corp 0.53
Abercrombie & Fitch Co Class A 0.53
Mueller Industries Inc 0.51
Boise Cascade Co 0.51
Installed Building Products Inc 0.51
Total 6.27
Total Number of Holdings: 604

Portfolio Composition (%)

Asset Fund
Equities 99.97
Cash 0.03

Risk Metrics (3 yr)

Holding Fund Category*
Sharpe Ratio 0.06 0.12
Standard Deviation 20.84 20.18

Average Market Cap

Item Value
Fund $2.6B
Category Average* $5.7B

Overall Risk Vs Category*

*Compared to the Small Blend Category.

Equity Sector Breakdown

MoA Small Cap Equity Index Fund
Morningstar Small Blend Category Avg
Sector Fund Category
Industrials 18.06 22.92
Financials 17.97 15.90
Consumer Discretionary 14.96 13.55
Information Technology 12.32 12.70
Healthcare 10.01 12.42
Real Estate 7.51 6.09
Materials 5.98 3.59
Energy 5.07 5.50
Consumer Staples 3.48 3.28
Communication Services 2.58 1.89
Utilities 2.06 2.15

MoA Small Cap Equity Index Fund Literature