By definition, a homesteader is a builder, an innovator — one who arrives first on a new frontier. Associated with self-sufficiency and inventiveness, the act of homesteading itself requires people to cooperate, whether to solve a problem or avoid danger.
Turning to cooperative action as members of a community, Americans throughout history have adjusted their individual priorities when confronted by major challenges.
One such challenge was the unavailability of electricity in rural areas. As late as the mid-1930s, nine out of 10 rural homes were without electric service. After the passage of the Tennessee Valley Authority (TVA) Act in 1933, however, rural electrification took hold. Today, about 99 percent of the nation’s farms have electric service, and most rural electrification is the product of locally owned rural electric cooperatives.
Prosperity then and now counted on a balance between individual initiative and collective cooperation. Similarly, our portfolio managers strive for equilibrium between the prudent restraint imposed by the consensus of the team and the independent thought required for one of our professionals to identify and build a position in an attractive investment opportunity.
Homestead endeavors to provide employees of NRECA-member cooperatives and others across the nation with a level of professional money management that can help them establish a greater measure of confidence in their financial future.
In these short videos, directors, staff, and members of the cooperative community share their thoughts on what makes us unique.
Homestead Funds was founded to help cooperatives and their employees, and that’s exactly what we still do today.
Choosing a partner to help you establish a financial plan doesn’t have to be complicated. Homestead Funds is part of the family and contributes in many ways just as cooperatives do.
Doug Johnson, CEO of Blue Ridge Electric, and Mark Rose, manager of Bluebonnet Electric Cooperative, discuss the importance of Homestead Funds being part of the NRECA family.
Tony Marinello, a founding member of Homestead Funds’ board of directors and retired NRECA executive, discusses how and why the fund company got its start.
Employees Raymond Scott Jr. and Megan McFarland talk about their approach to client service and what they think makes Homestead Funds unique.
Quick Facts about Homestead
Homestead was established by the National Rural Electric Cooperative Association (NRECA), a not-for-profit organization representing the nation’s consumer-owned rural electric cooperatives.
A comprehensive range of nine mutual funds across the risk and reward investment spectrum
Our no-load funds can act as complements or as alternatives to portfolio investments — or provide a customized blended solution to help meet your objectives.
Investment manager and administrator: RE Advisers
RE Advisers, an SEC-registered investment advisor, serves as investment advisor to seven of the Homestead Funds and is the administrator for the entire Homestead Funds family. The portfolio managers of RE Advisers have more than 100 years of collective experience.
RE Advisers is a wholly owned subsidiary of RE Investment, a limited purpose broker-dealer that functions solely as the distributor and principal underwriter for Homestead Funds. RE Investment is a wholly owned subsidiary of NRECA United, Inc., a holding company organized by NRECA.