Shareholder Services
866-822-9555
 
spacer


   
   For E-mail Updates

Shareholder Services
866-822-9555

 

Distributed by Ultimus
Fund Distributors, LLC

 
 
 



The performance data quoted represents past performance, which is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. The Fund charges a 1% redemption fee on shares invested for less than 60 days. If shares are redeemed within the 60 day period, investment returns would be reduced from those shown above. Fee waivers and/or expense reimbursements by the Adviser may positively impact the Fund's performance. Without such waivers and/or reimbursements, performance would have been lower.

*The Fund's gross expense ratio is for the fiscal year ended October 31, 2016.

**The Adviser has agreed contractually to reduce Management Fees and/or reimburse Fund expenses until at least March 1, 2019 in order to limit Total Annual Fund Operating Expenses, (excluding Acquired Fund Fees and Expenses and certain other expenses) to 0.95% of the Fund's average daily net assets for Institutional Class shares. Under the terms of this agreement, the Adviser may recover from the Fund any Management Fee reductions and expense reimbursements for a period of three years after such fees or expenses were incurred, provided that the repayments do not cause the Fund's Total Annual Fund Operating Expenses (excluding Acquired Fund Fees and Expenses, brokerage commissions, taxes, interest expense, and any extraordinary expenses) to exceed the agreed upon limits. This arrangement terminates automatically if the Adviser ceases to serve as investment adviser to the Fund.


3 stars
as of 8/31/17*


4 stars
 
1,231
4 stars
 
1,231
4 stars
 
1,094
5 stars
 
798

Mutual fund investing involves risk, including the potential loss of principal.

An investor should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. Click here for a Prospectus/Summary Prospectus, which contains this and other important information, or call 866-822-9555. Please read the prospectus carefully before investing. The Fund may not be suitable for all investors.

* The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

© 2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results

 

           
 
Stralem Equity Fund • 551 Madison Ave. NY, NY 10022 • T: 212-888-8123 • F: 212-888-8152

Contact UsPrivacy PolicyLegal Disclaimers © 2017 Stralem
Equity Fund