Mutual Fund Objective
Jordan Opportunity is a non-diversified "No Load Mutual Fund" that seeks capital appreciation. The Fund invests primarily in growth stocks of varying market capitalizations.
Download Fact Sheet (March 31, 2013)
Mutual Fund Performance
Mar. 31, 2013 / Total Return
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Shares redeemed or exchanged within 60 days of purchase will be charged a 2.00% fee. Performance data does not reflect the redemption fee, and if it had performance would have been lower. As stated in the current prospectus, the fund's annual operating expense ratio (gross) is 1.46%. For the most recent month end performance, please call 1-800-441-7013.
Mutual fund investing involves risk. Principal loss is possible. The Fund's investment parameters are diverse and as such may be subject to different forms of investment risk discussed herein. The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility. 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. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. The Fund may use derivatives such as options to increase its exposure to certain securities. These techniques will result in greater volatility for the Fund, particularly in periods of market declines.
Returns greater than one year are annualized. Total return figures include the reinvestment of dividends and capital gains. On January 21, 2005, a limited partnership managed by the Sub-Adviser reorganized into the Fund. This limited partnership maintained an investment objective and investment policies that were, in all material respects, equivalent to those of the Fund. The Fund's performance for periods prior to January 2005 is that of the limited partnership. The limited partnership's expenses during the periods presented were higher than the Fund's proposed expense ratio. The limited partnership was not registered under the Investment Company Act of 1940 ("1940 Act") and was not subject to certain investment limitations, diversification requirements, and other restrictions imposed by the 1940 Act and the Internal Revenue Code, which, if applicable, would have adversely affected its performance.
While the fund is no-load, management and other expenses still apply. Please refer to the prospectus for further detail.
The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.
Equity Holdings as of March 31, 2013
| LARGEST EQUITY HOLDINGS AS A PERCENTAGE OF TOTAL ASSETS | |
|---|---|
| QUALCOMM, Inc. | 4.58% |
| The Goldman Sachs Group, Inc. | 4.27% |
| Citigroup, Inc. | 4.20% |
| JPMorgan Chase & Co. | 4.03% |
| Facebook, Inc. | 3.70% |
| Ford Motor Co. | 3.56% |
| The Blackstone Group L.P. | 3.52% |
| Apple, Inc. | 3.47% |
| Morgan Stanley | 3.26% |
| General Motors Co. | 3.06% |
| SECTOR INDUSTRY WEIGHTINGS AS A PERCENTAGE OF TOTAL ASSETS | |
|---|---|
| Consumer Discretionary | 32.87% |
| Financials | 25.19% |
| Information Technology | 21.49% |
| Health Care | 8.35% |
| Industrials | 7.46% |
| Energy | 4.55% |
| Options | 0.09% |
Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.
The Fund Facts as of March 31, 2013
FUND FACTS
| Total Net Assets | $50.5 Million |
| Ticket Symbol | JORDX |
| Cusip | 742935182 |
| Inception Date | 01/21/05 |
| Total Fund Holdings | 36 |
| Sales Charge | 0% |
MINIMUM INVESTMENTS
| Standard Accounts | $10,000 |
| Traditional & Roth IRA Accounts | $2,000 |
| Accounts & Systematic Investment Plans | $5,000 |
MINIMUM ADDITIONAL INVESTMENTS
| Standard Accounts | $500 |
| Traditional & Roth IRA Accounts | $500 |
| Accounts & Systematic Investment Plans | $250 |
The Fund's investment parameters are diverse and as such may be subject to different forms of investment risk discussed herein. The Fund is non-diversified such that it may focus a larger percentage of its assets in the securities of fewer issuers. The Fund may be concentrated meaning that it may invest greater than 25% of its assets in a limited number of sectors. Non-diversification and concentration exposes the Fund to greater market risk than if its assets were diversified among a greater number of issuers and/or sectors. Investments in small- and medium-sized companies involve greater risk than investing in larger, more established companies such as increased volatility of earnings and prospects, higher failure rates, and limited markets, product lines or financial resources. The Fund may invest up to 35% of its assets in debt securities and therefore may be subject to interest rate risk which is the risk that debt securities in the Fund’s portfolio will decline in value because of increases in market interest rates. The Fund may also invest up to 25% in (i) high yield, lower rated (junk) bonds which involve a greater degree of risk than investment grade bonds in return for higher yield potential and (ii) foreign securities which involve special risks, including the volatility of currency exchange rates and, in some cases, limited geographic focus and relatively illiquid markets. Lastly, the Fund may use derivatives such as options to increase its exposure to certain securities. These techniques will result in greater volatility for the Fund, particularly in periods of market declines.
