Sentinel Growth Leaders Fund (BRFOX)

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Focused for Maximum Growth Potential

Growth of a $10,000 investment (Class A Shares without sales charge)
December 31, 2002 to December 31, 2012
The graph is for illustrative purposes only and reflects the hypothetical growth of a $10,000 investment with all distributions reinvested. Past performance does not predict future results. Performance shown in the graph reflects expenses and management fees, but does not reflect sales charges. If performance had included the appropriate sales charge, returns would be lower.
Fund Facts
As of 12/31/2012
SYMBOLBRFOX
CUSIP81728B304
Inception10/31/1999
Min. initial investment$1,000
Number of Holdings29
Wtd median mkt cap (millions)$53,298
Total annual operating expenses41.56%
Total annual turnover553%
Cash1.42%
30-Day SEC Yield
As of 04/30/2013
Sentinel Growth Leaders Fund -
Performance1
Monthly Performance as of 04/30/2013
  YTD 1YR 3YR 5YR 10YR Since Inception
NAV 8.70 2.33 7.21 1.53 6.13 2.71
POP 3.28 -2.80 5.39 0.50 5.59 2.31
Quarterly Performance as of 03/31/2013
  YTD 1YR 3YR 5YR 10YR Since Inception
NAV 7.72 1.18 7.05 2.49 6.19 2.65
POP 2.34 -3.88 5.22 1.44 5.64 2.26
Data shown is historical performance for each share class and reflects reinvested distributions. Investment return and principal value will vary so that you may have a gain or loss when you sell shares. Past performance does not guarantee future results; current performance may be higher or lower than data quoted. For performance current to the most recent month-end click here.
Top Holdings
Top 10 Holdings (%)
As of 12/31/2012
Apple, Inc. 8.1
International Business Machines Corp. 5.3
Qualcomm, Inc. 4.9
BlackRock, Inc. 4.5
Visa, Inc. 4.4
Ingredion, Inc. 4.2
Pfizer, Inc. 4.1
Praxair, Inc. 4.0
Express Scripts Holding Co. 3.9
BE Aerospace, Inc. 3.9
Total 47.3
Daily Pricing ($) As of 05/24/2013
NAV 13.64
NAV Change ($)  -0.01
POP 14.36
Lipper Category
Large-Cap Growth Funds
Morningstar Category
Large Growth
Morningstar Style Box
Objective
The Fund seeks long-term capital appreciation.
Important Disclosure

All data as of March 31, 2013 unless otherwise noted. The composition of the Fund’s holdings is subject to change.

Data shown is historical performance for each share class and reflects reinvested distributions. Investment return and principal value will vary so that you may have a gain or loss when you sell shares. Public Offering Price (POP) performance data for Class A shares includes the maximum 5% sales charge. POP performance data for Class C shares includes the 1% Contingent Deferred Sales Charge (CDSC). Class I shares do not impose a sales charge. Only eligible investors may purchase Class I shares, as described in the prospectus. Past performance does not guarantee future results; current performance may be higher or lower than data quoted. For performance current to the most recent month-end, click here.

Large company stocks as a group could fall out of favor with the market and underperform investments that focus on small- and mid-sized company stocks.

The Fund is non-diversified and will hold fewer securities than a diversified portfolio. The Fund may be more affected by the performance of a particular stock, either positively or negatively, than a more broadly diversified fund.

The following are total annual operating expense ratios for Sentinel Growth Leaders Fund Class A, C, & I shares; A - 1.56%, C - 3.44%, I - 1.31%. All expense ratio data is sourced from the prospectus dated March 30, 2013.

The Sentinel Growth Leaders Fund began operations on March 17, 2006. Performance prior to March 17, 2006 is based on the performance of its predecessor, the Bramwell Focus Fund, which began operations on October 31, 1999 and was offered without a sales charge.

  1. Performance of Class A shares reflects the current maximum sales charge. Performance of Class A shares from their inception on March 17, 2006 to June 29, 2012 has not been adjusted to reflect the lower maximum 12b-1 fee in effect prior to March 17, 2006 or the decrease in the maximum 12b-1 fee, effective June 30, 2012, from 0.30% to 0.25%. If it had, those returns would be higher.
  2. Performance of the Class C shares prior to their inception on March 17, 2006 is based on the performance of the Bramwell Focus Fund, but reflects the higher ongoing expenses of Class C shares.
  3. Performance of the Class I shares from March 17, 2006 to their inception on August 27, 2007 is based on the performance of the Fund's Class A shares, restated to reflect that Class I shares are not subject to a sales charge. Performance of the Class I shares prior to March 17, 2006 is based on the performance of the Bramwell Focus Fund. Only eligible Investors may purchase Class I shares, as described in the prospectus.
  4. Expense ratio before custodian credits and reimbursements. Source: prospectus dated March 30, 2013.
  5. Total annual turnover quoted from the November 30, 2012 annual report.

The Russell 1000 Growth Index is an unmanaged index that measures the performance of the large-cap growth segment of the US equity universe. It includes those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. An investment cannot be made directly in an index.

The Standard & Poor's 500 Index is an unmanaged index of 500 widely held US equity securities chosen for market size, liquidity, and industry group representation. An investment cannot be made directly in an index.

Sources: FactSet, Lipper, Morningstar

The Global Industry Classification Standard ("GICS") is the exclusive property and a service mark of MSCI Inc. ("MSCI") and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. ("S&P") and is licensed for use by Sentinel Investments. Neither MSCI, S&P nor any third party involved in making or compiling the GICS makes any express or implied warranties or representations and shall have no liability whatsoever with respect to GICS or the results to be obtained by the use thereof.

The Morningstar Style BoxTM reveals a fund's investment style as of the date noted on this report. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend, or growth). For fixed-income funds, the vertical axis shows the credit quality of the bonds owned and the horizontal axis shows interest rate sensitivity as measured by a bond's effective duration.

Morningstar seeks credit rating information from fund companies on a periodic basis (e.g., quarterly). In compiling credit rating information, Morningstar instructs fund companies to only use ratings that have been assigned by a Nationally Recognized Statistical Rating Organization (NRSRO). If two NRSROs have rated a security, fund companies are to report the lowest rating; if three or more NRSROs have rated the same security differently, fund companies are to report the rating that is in the middle. For example, if NRSRO X rates a security AA-, NRSRO Y rates the same security an A and NRSRO Z rates it a BBB+, the fund company should use the credit rating of 'A' in its reporting to Morningstar. PLEASE NOTE: Morningstar, Inc. is not itself an NRSRO nor does it issue a credit rating on the fund. An NRSRO rating on a fixed-income security can change from time-to-time.

For credit quality, Morningstar combines the credit rating information provided by the fund companies with an average default rate calculation to come up with a weighted-average credit quality. The weighted-average credit quality is currently a letter that roughly corresponds to the scale used by a leading NRSRO. Bond funds are assigned a style box placement of "low", "medium", or "high" based on their average credit quality. Funds with a low credit quality are those whose weighted-average credit quality is determined to be less than "BBB-"; medium are those less than "AA-", but greater or equal to "BBB-"; and high are those with a weighted-average credit quality of "AA-" or higher. When classifying a bond portfolio, Morningstar first maps the NRSRO credit ratings of the underlying holdings to their respective default rates (as determined by Morningstar's analysis of actual historical default rates). Morningstar then averages these default rates to determine the average default rate for the entire bond fund. Finally, Morningstar maps this average default rate to its corresponding credit rating along a convex curve.

For interest-rate sensitivity, Morningstar obtains from fund companies the average effective duration. Generally, Morningstar classifies a fixed-income fund's interest-rate sensitivity based on the effective duration of the Morningstar Core Bond Index (MCBI), which is currently three years. The classification of Limited will be assigned to those funds whose average effective duration is between 25% to 75% of MCBI's average effective duration; funds whose average effective duration is between 75% to 125% of the MCBI will be classified as Moderate; and those that are at 125% or greater of the average effective duration of the MCBI will be classified as Extensive.

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Please consider a fund's objectives, risks, charges and expenses carefully before you invest. The prospectus contains this and other information. Please read the prospectus carefully before you invest or send money. Investment return and principal value in any of the Funds will vary so that you may have a gain or loss when you sell shares. The performance data shown represents past performance, which is not a guarantee of future results. Current performance may be higher or lower than any data quoted. Mutual funds are not insured by the Federal Deposit Insurance Corporation or any other government agency and are neither guaranteed by, nor deposits or other obligations of, any bank or affiliate. The Funds referred to on this Website may be offered only to persons in the United States and by way of prospectus.

Sentinel Investments is the unifying brand name for Sentinel Financial Services Company, Sentinel Asset Management, Inc., and Sentinel Administrative Services, Inc.

Sentinel Funds are distributed by Sentinel Financial Services Company, member FINRA, One National Life Drive, Montpelier, Vermont 05604.