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FOR
IMMEDIATE RELEASE
January 27, 2010
Hancock
Horizon Diversified International Fund
is a top performer for 2009
GULFPORT,
Miss. (January 27, 2010) - Hancock Holding Company (NASDAQ:
HBHC) announced today that the Hancock Horizon Diversified
International Fund (HHDTX), for which EARNEST Partners is
the subadvisor, was ranked in the top one percentile among
international large cap blend mutual funds for 2009, according
to Morningstar.
The
Trust class had a one-year return of 54.25 percent compared
to the Fund's benchmark, the MSCI ACWI ex US, which returned
41.45 percent for the same time period.
EARNEST
Partners has managed its International strategy for 10 years,
during which time it has outperformed its benchmark, the MSCI
ACWI ex US, by 4.70 percent annualized gross of fees (3.96
percent net of fees).
Through
12-31-09, performance for the Hancock Horizon Diversified
International Mutual fund is: Trust share: 54.25 percent (One
Year); 14.95 percent (Since Inception); Class A: 53.88 percent
(One Year); 14.69 percent (Since Inception); Class A with
load: 45.79 percent (One Year); 9.85 percent (Since Inception)
and C class: 52.67 percent (One Year); 13.78 percent (Since
Inception). Inception Date is 9/30/08. Past performance does
not guarantee future results. The 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 the
original costs. Current performance may be lower or higher
than the performance quoted. The gross total expense ratio
is 2.43 percent; the net total expense ratio is 1.57 percent.
The Advisor has contractually agreed to waive fees and reimburse
expenses until May 31, 2010. In the absence of current fee
waivers total return would be reduced. For performance data
current to the most recent month end, call 1-888-346-6300
or visit the website www.hancockhorizonfunds.com.
John
Portwood, Chief Investment Strategist for Hancock Horizon
Funds, said, "We have been very pleased with our relationship
with EARNEST Partners and feel the Diversified International
Fund is a great compliment to our other top rated mutual funds."
The
Hancock Horizon Burkenroad Fund received a top rating of five
stars from Morningstar, while the Hancock Horizon Value Fund
and the Strategic Income Bond Fund have both received four-star
ratings from Morningstar. The International Fund is not eligible
to receive a Morningstar rating until it has at least three
years of investment performance.
About
Hancock Bank
Hancock
Holding Company - parent company of Hancock Bank (Mississippi
and Florida) Hancock Bank of Louisiana, and Hancock Bank of
Alabama - has assets of approximately $8.7 billion. Bank subsidiaries
include Hancock Investment Services, Inc., Hancock Insurance
Agency, and Harrison Finance Company. Founded October 9, 1899,
Hancock Bank consistently ranks as one of the country's strongest,
safest financial institutions, according to BauerFinancial,
Inc. Additional corporate information and online banking are
available at www.hancockbank.com.
About
EARNEST Partners
EARNEST
Partners is an independent, employee-owned asset management
firm currently advising on more than $16 billion in institutional
assets for clients around the world. The firm is the largest
independent investment manager in the Southeastern United
States, and manages portfolios for more than 300 clients including
corporations, government pension funds, sovereign wealth funds,
jointly-trusteed plans, endowments and foundations. EARNEST
Partners is headquartered in Atlanta, GA, with an office in
Beijing China.
Mutual
fund investing involves risk including loss of principal.
In addition to the normal risks associated with investing,
international investments may involve risk of capital loss
from unfavorable fluctuation in currency values, from differences
in generally accepted accounting principles, or from social,
economic or political instability in other nations.
©
2009 Morningstar, Inc. All Rights Reserved. The information
contained herein: (1) is proprietary to Morningstar; (2) may
not be copied or distributed; and (3) is not warranted to
be accurate, complete or timely. Neither Morningstar nor its
content providers are responsible for any damages or losses
arising from any use of this information. Past performance
is no guarantee of future results.
For
each fund with at least a three-year history, Morningstar
calculates a Morningstar Rating metric each month by
subtracting the return on a 90-day U.S. Treasury Bill from
the fund's load-adjusted return for the same period, and then
adjusting this excess return for risk. The top 10 percent
of funds in each category receive 5 stars, the next 22.5 percent
receive 4 stars, the next 35 percent receive 3 stars, the
next 22.5 percent receive 2 stars and the bottom 10 percent
receive 1 star. The Overall Morningstar Rating for a fund
is derived from a weighted average of the performance figures
associated with its three-, five- and ten-year (if applicable)
Morningstar Rating metrics. Hancock Horizon Burkenroad D (HYBUX)
was rated against the following numbers of Small Blend funds:
566 funds in the last three years, 467 funds in the last five
years. With respect to these funds, HYBUX received a Morningstar
Rating of 5 stars and 5 stars respectively. Hancock Horizon
Strategic Income Bond T (HHBTX) was rated against the following
numbers of Intermediate-Term Bond funds: 978 funds in the
last three years, 866 funds in the last five years, With respect
to these funds, HHBTX received a Morningstar Rating of 4 stars
and 4 stars respectively. Hancock Horizon Value T (HHGTX)
was rated against the following numbers of Large Value funds:
1104 in the last three years, 912 funds in the last five years,
With respect to funds, HHGTX received a Morningstar Rating
of 4 stars and 4 stars respectively.
The
Morgan Stanley Capital International (MSCI) All Country World
ex-US Index is a free float-adjusted market capitalization
weighted index composed of approximately 2000 companies, and
is representative of the market structure of 47 developed
and emerging market countries in North and South America,
Europe, Africa, and the Pacific Rim, excluding securities
of US issuers. Individuals cannot invest directly in an Index.
To
determine if this Fund is an appropriate investment for you,
carefully consider the Fund's investment objectives, risk
factors, and charges and expenses before investing. This and
other information will be found in the Fund's prospectus,
which may be obtained by calling 1-888-346-6300 or visiting
www.hancockhorizonfunds.com.
Please read it carefully before investing.
Hancock
Horizon Funds are distributed by SEI Investments Distribution
Co., which is not affiliated with Hancock Holding Company
or any of its affiliates.
| Not
FDIC insured. |
No
bank guarantee. |
May
lose value. |
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For
More Information
R. Paul Maxwell, VP & Corporate Communications Manager
1.800.522.6542 or paul_maxwell@hancockbank.com
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