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Fund Prospectus

In: Business and Management

Submitted By frempoaa
Words 331
Pages 2
Investment objective:
The fund’s investment objective is to provide investors with long-term capital appreciation while providing current income.
Primary investment strategies
The mutual fund invests mainly in the stocks of mid- and large-capitalization U.S. sports manufacturing product companies whose revenues and, or earnings are expected to grow faster and has a history of paying dividend It will not invest more than 15% of its asset in one company, and believes that mid- and large capitalization U.S. companies stocks will be more resistant to market declines than stocks of average companies and those that do not pay dividends. The fund relies on the professional judgment of its investment manager to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment manager is to seek to invest in attractively valued companies that, in his opinion, represent good, long-term investment opportunities. Mr. Frempong believes that an important way to accomplish this is through fundamental analysis, which may include meeting with company executives, suppliers, and competitors. He bases his recommendations on factors, such as the fund’s investment objectives and policies; whether a company is considered a leader in its industry and its dividend payment prospects Securities may be sold when the investment manager believes that they no longer represent relatively attractive investment opportunities. The index for S&P 500 industrial companies is -1.65%
Principal risks:
Stock market risk: The chance that stock prices overall will decline. Stock markets tend to move in cycles, with periods of rising prices and periods of falling prices.
Investment style risk: The chance that returns from mid- and large-capitalization growth stocks will trail returns from the overall stock market. Mid-cap stocks have been more volatile in price than...

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