Financial stocks outpaced the broad market averages during the fourth quarter of 2017. For the full calendar year 2017 financial stocks performed roughly in line with the broad markets averages.
The Saratoga Financial Services Portfolio posted positive performance during the quarter. The Portfolio benefited from favorable stock selection within regional bank holdings and property & casualty insurers. The primary source of underperformance was the Portfolio’s underweight to money center banks along with below-benchmark stock selection among large banks._____________________________
Information contained herein was obtained from recognized statistical services and other sources believed to be reliable and we therefore cannot make any representation as to its completeness or accuracy. Any statements not of a factual nature constitute opinions which are subject to change without notice.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Saratoga Advantage Trust mutual funds. This and other important information about the Saratoga Advantage Trust's funds is contained in the prospectus, which can be obtained by clicking here, or by calling (800) 807-FUND, and which should be read carefully before investing. The Saratoga Advantage Trust's funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC. Saratoga Capital Management, LLC is not affiliated with Northern Lights Distributors, LLC. 1/16 © Saratoga Capital Management, LLC; All Rights Reserved.