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FUND FACTS
Fund Name: Huber Capital Equity Income Fund
Market Cap/Style: Large Cap/Value
Portfolio Manager: Joe Huber
Distribution Information: Annually, in December
| Share Class: |
Investor |
Institutional |
| Fund Inception Date: |
06/29/07 |
10/25/11 |
| Annual Expense Ratios: |
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| Gross Expense Ratio: |
2.98% |
2.44% |
| Net Expense Ratio: |
1.49% |
0.99% |
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| Ticker Symbol: |
HULIX |
HULEX |
| Cusip Number: |
007989387 |
00768D418 |
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| Min. Initial Investment: |
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| Regular: |
$5,000 |
$1,000,000 |
| Retirement: |
$2,500 |
$1,000,000 |
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| Min. Subseq Investment: |
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| Regular: |
$100 |
$5,000 |
| Retirement: |
$100 |
$5,000 |
OBJECTIVE
The investment objective of the Equity Income Fund is current income and capital appreciation.
PRINCIPAL INVESTMENT STRATEGY
The Equity Income Fund normally invests at least 80% of its net assets in large capitalization U.S. companies (“large cap companies”) whose stocks are considered by the Adviser to be undervalued. The Adviser currently considers large cap companies to be those with market capitalizations in the range of those found in the Russell 1000® Value Index. Market capitalization is measured at the time of initial purchase. The Equity Income Fund also normally invests in stocks with high cash dividends or payout yields relative to the market.
In addition to these principal investments, the Fund may invest in stocks that do not pay dividends, but have growth potential unrecognized by the market or have undergone changes in business or management that indicate growth potential.
FUND PERFORMANCE
For performance returns of the Huber Capital Equity Income Fund please click here: Fund Performance
The Advisor has contractually agreed to waive all or a portion of its fees through 02/27/2014. The Fund has a contractual fee waiver in effect to limit the Fund's expenses to 1.49% of the average daily net assets of the Investor Class and 0.99% of the average net assets of the Institutional Class through at least February 27, 2014 and may be terminated only by the Trust's Board.
Mutual fund investing involves risk. Principal loss is possible. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods. The risks are greater for investments in emerging markets. Additionally, the Funds are subject to sector emphasis risk meaning that companies in the same or related businesses may comprise a significant portion of a Fund's portfolio and adversely affect the value of the portfolio to a greater extent than if such business comprised a lesser portion of a portfolio. Investments in Initial Public Offerings (IPO) carry additional risk such as market and liquidity risk and can fluctuate considerably. When the Fund's asset base is small, the impact of IPOs on the Fund's performance could be magnified.
You should consider the Huber Funds’ investment objectives, risks and charges and expenses carefully before you invest. The Funds’ prospectus, which can be obtained by calling 1-888-482-3726 (888-HUBERCM), contains this and other information about the Funds. Please read the prospectus carefully before you invest. You may also print the current prospectus from this website under “Download Center/Fund Materials”.
The Russell 1000 Value Index measures the performance of those Russell 1000 companies with lower price-to-book ratios and lower forecasted growth values. The index does not reflect the payment of transaction costs, fees and expenses associated with an investment in the Fund. The Fund’s value disciplines may prevent or restrict investment in major stocks in the benchmark indices. It is not possible to invest directly in an index. The Fund’s returns may not correlate with the returns of their benchmark indexes.
The Huber Funds are distributed by Quasar Distributors, LLC
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