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FUND FACTS
Fund Name: Huber Capital Small Cap Value Fund
Market Cap/Style: Small 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: |
2.72% |
2.28% |
| Net Expense Ratio: |
1.85% |
1.35% |
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| Ticker Symbol: |
HUSIX |
HUSEX |
| Cusip Number: |
007989379 |
00768D392 |
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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 Small Cap Value Fund is capital appreciation.
PRINCIPAL INVESTMENT STRATEGY
The Small Cap Value Fund normally invests at least 80% of its net assets plus borrowings for investment purposes in common stocks of small capitalization U.S. companies (“small cap companies”) whose stocks are considered by the Adviser to be undervalued. The Adviser currently considers small cap companies to be those with market capitalizations in the range of those found in the Russell 2000® Value Index, which changes constantly. Market capitalization is measured at the time of initial purchase. The Adviser currently considers small cap companies to be those with market capitalizations of $3.0 billion or less.
The Small Cap Value Fund will provide at least 60 days’ prior written notice to shareholders of a change in the Fund’s non-fundamental policy of investing at least 80% of its net assets plus borrowings for investment purposes in the type of investments suggested by the Fund’s name.
FUND PERFORMANCE
For performance returns of the Huber Capital Small Cap Value 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 1.85% of the average daily net assets of the Investor Class and 1.35% 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. Investments in smaller companies involve additional risks such as limited liquidity and greater volatility than larger companies. 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 2000 Value Index measures the performance of those Russell 2000 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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