Fund Evaluator:
Timothy Plan Conservative Growth C (TCVCX)
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Fund Details
Timothy Plan Conservative Growth C Overview
Timothy Plan Conservative Growth C (TCVCX) is an actively managed Allocation Global Moderately Conservative Allocation fund. Timothy Plan launched the fund in 2004.
The investment seeks to generate moderate levels of long-term capital growth. The fund normally will invest at least 75% of its total assets in the traditional funds. The advisor will determine the specific asset allocation program on a continuous basis, based on its forecast of the overall market. On each day that the fund is open for business, the advisor will review the asset allocation program and reallocate and will reallocate for any new underlying funds in which the fund may elect to invest. The advisor also will reallocate the fund's investments in the traditional funds at the end of each fiscal quarter to maintain the asset allocation program.
About Timothy Plan Conservative Growth C (TCVCX)
There are 3 members of the management team with an average tenure of 9.61 years: Arthur Ally (2000), Greg Ally (2025), Brian Mumbert (2025). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and DJ Moderate TR USD index with a weighting of 100%. Timothy Plan Conservative Growth C has 10 securities in its portfolio. The top 10 holdings constitute 100.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Timothy Plan Conservative Growth C is part of the Allocation global asset class and is within the Allocation fund group. Timothy Plan Conservative Growth C has 23.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 33.3%. There is 19.8% allocated to foreign stock, and 0.2% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 42.0% (38.5% domestic bond, 3.5% foreign bond and 0.0% convertible bond). Timothy Plan Conservative Growth C has 4.8% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $304 million average for the Global Moderately Conservative Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
TCVCX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Timothy Plan Conservative Growth C expense ratio is high compared to funds in the Global Moderately Conservative Allocation category. Timothy Plan Conservative Growth C has an expense ratio of 2.29%, which is 134% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Timothy Plan Conservative Growth C has a portfolio turnover rate of 37%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 50% for the Global Moderately Conservative Allocation category.
Recently, in the month of July 2026, Timothy Plan Conservative Growth C returned 0.8%, which earned it a grade of A, as the Global Moderately Conservative Allocation category had an average return of -0.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Timothy Plan Conservative Growth C has a trailing yield of 0.72%, which is below the 3.07% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Timothy Plan Conservative Growth C Grades
Year to date, the fund has returned 6.0%, 0.9 percentage points better than the category, which translates into a grade of A. The fund has returned 10.3% over the past year (grade of D), 7.2% over the past three years (grade of F) and 2.3% per year over the past five years (grade of F) and 3.3% per year over the past 10 years (grade of F).
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TCVCX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TCVCX Return (NAV) | 0.8% | 1.5% | 10.3% | 7.2% | 2.3% | 3.3% |
| TCVCX Grade | A | B | D | F | F | F |
| +/- Category | 1.3% | 0.0% | -0.6% | -1.9% | -1.6% | -2.1% |
| Global Moderately Conservative Allocation Avg | -0.5% | 1.5% | 10.9% | 9.1% | 3.9% | 5.4% |
| TCVCX Tax Cost Ratio | na | na | 0.3% | 0.6% | 0.8% | 0.7% |
TCVCX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TCVCX Return (NAV) | 6.0% | 10.1% | 3.7% | 6.0% | -13.6% | 6.8% | 6.8% | 13.9% | -9.9% | 7.5% | 4.3% |
| TCVCX Grade | A | F | F | F | C | D | D | D | F | F | F |
| +/- Category | 0.9% | -1.4% | -3.6% | -4.3% | -0.0% | -0.7% | -2.1% | -1.1% | -5.1% | -3.2% | -1.8% |
| Global Moderately Conservative Allocation Avg | 5.1% | 11.6% | 7.3% | 10.4% | -13.5% | 7.5% | 8.9% | 15.0% | -4.8% | 10.7% | 6.1% |
| Risk Measures | |
| Standard Deviation: | 7.3% |
| Total Risk Index: | 0.60 - Below Average |
| Category Risk Index: | 0.99 - Average |
| Category Risk Grade: | C (48% Rank) |
| Beta: | 0.74 |
| R-Squared: | 89% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.7% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $34 Mil |
| Fund Total Assets: | $ 2 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 37% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 25.8 years | |||
| Average Tenure: 9.6 years | |||
| Managers (Year): Ally Arthur (2000), Ally Greg (2025), Mumbert Brian (2025) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 10 |
| % in Top 10 Holdings: | 100.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 23.3% |
Portfolio Allocation |
|
| Domestic Stock: | 33.3% |
| Foreign Stock: | 19.8% |
| Preferred Stock: | 0.2% |
| Domestic Bond: | 38.5% |
| Foreign Bond: | 3.5% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 4.8% |
Purchase Information
| Fund Family: | Timothy Plan |
| Phone Number: | 800-846-7526 |
| Website: | www.timothyplan.com |
| Status: | Open |
| Inception Date: | February 3, 2004 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.75% |
Expenses and Fees | |
| Expense Ratio (%): | 2.29% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.98% |
| Share Class: | Timothy Plan Conservative Growth A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
