Some documents are in PDF format. To read a PDF file, you must first have Adobe Acrobat Reader installed. Click here to download Adobe Acrobat for free.
Performance data quoted represents past performance; 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 their original cost. Performance data current to the most recent month end may be obtained by calling 1-877-862-9556. Standardized performance current to the most recent Quarter-end may be obtained by clicking here.
Fund holdings and sector allocations are subject to change at anytime and should not be considered recommendations to buy or sell any security. Please click here for the Fund’s current top ten holdings.
References to other mutual funds should not to be interpreted as an offer of these securities.
Opinions expressed in the article are those of the author. These opinions are subject to change at any time, are not guaranteed, and should not be considered investment advice.
Before you invest in the Akre Focus Fund, please refer to the Statutory Prospectus and Summary Prospectus for important information about the investment company, including investment objectives, risks, charges, and expenses. You may also obtain a hard copy of the prospectus by calling 1-877-862-9556. The prospectus should be read and considered carefully before you invest or send money.
The fund’s gross expense ratios can be found here.
The Akre Focus Fund is distributed by Quasar Distributors, LLC.
Mutual fund investing involves risk. Principal loss is possible. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund invests in small- and medium-capitalization companies, which involve additional risks such as limited liquidity and greater volatility than larger capitalization companies.
Basis Point (bps): equals 0.01%
Book value: the net asset value of a company calculated by total assets minus liabilities.
Free Cash Flow: the cash that a company is able to generate after laying out the money required to maintain or expand its asset base.
S&P 500 Index: a broad-based, unmanaged index of 500 stocks selected by Standard & Poor’s Corporation, which is widely recognized as being representative of the equity market in general.
One cannot invest directly in an Index.