The same principles that supported the history of rural electrification—self-reliance, concern for others and innovation—were behind the launch of Homestead Funds. The company got its start after NRECA board members passed a resolution authorizing the Association to sponsor and establish the mutual fund company. We’ve since expanded our fund and client service offerings to meet the needs of different types of investors with many diverse needs and objectives. But we’ve kept our mission, vision and values close to home.
Just as consumers count on their local cooperative to provide reliable electricity, investors can turn to Homestead Funds. And like local cooperatives, we contribute economically. Profits earned by Homestead Funds’ investment manager are available to NRECA, supporting the Association’s financial strength and creating a source of potential revenue beyond member dues and fees.