The Riverbridge Eco Leaders® Fund was established on December 31, 2014. It is a diversified growth fund invested in 45-60 companies of all market capitalization sizes. The fund is managed by the Riverbridge Investment Team utilizing our time-tested investment philosophy and disciplines. It is modeled after our Eco Leaders® separate account portfolio, which was founded in 2000.
|Ticker||CUSIP||Minimum Initial Investment|
As of 09/30/2017
|At NAV Return Before Taxes||Q-T-D||Y-T-D||1-Year||3-Year||5-Year||10-Year||Inception|
|Russell 3000® Growth||5.93%||20.43%||21.87%||N/A||N/A||N/A||11.81%|
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. For the most recent month-end performance, please call (888) 447-4470. Shares redeemed within 90 days of purchase are subject to a 1.00% redemption fee. As stated in the current prospectus, the Fund's gross and net expense ratios for Investor Class shares (ECOLX) are 17.83%, and 1.41%, respectively. The gross and net expense ratios for the Institutional Class shares (RIVEX) are 17.58%, and 1.16%, respectively. The Fund’s advisor has contractually agreed to waive certain fees and/or absorb expenses through March 31, 2026. Short-term performance, in particular, is not a good indication of the Fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, Fund performance may be subject to substantial short-term changes. The inception date for ECOLX and RIVEX is December 31, 2014. Please refer to the full disclosure.
Top Ten Holdings
As of 09/30/2017
- Fiserv, Inc. - 3.8%
- Microsoft Corporation - 3.7%
- UnitedHealth Group, Inc. - 3.3%
- Amazon.com, Inc. - 3.1%
- Grand Canyon Education, Inc. - 3.1%
- Ecolab, Inc. - 3.1%
- Proto Labs, Inc. - 3.1%
- IHS Markit Ltd. - 2.9%
- Starbucks Corporation - 2.9%
- CoStar Group, Inc. - 2.7%
Portfolio holdings will change due to ongoing management of the Fund. References to specific securities or sectors should not be construed as recommendations by the Fund, the Advisor or the Distributor.
As of 09/30/2017
Portfolio holdings and weightings will change due to ongoing management of the Fund. References to specific securities or sectors should not be construed as recommendations by the Fund, the Advisor or the Distributor.
Prospectus, Shareholder Reports, and Applications
- Regular Account Application
- IRA Asset Transfer Application
- Summary Prospectus
- Statement of Additional Information ("SAI")
- XBRL - April 2017*
*XBRL Files: eXtensible Business Reporting Language
The XBRL files above can only be read with special viewer software. Additional information on the XBRL language and a free version of the viewer software of available on the SEC's website at xbrl.sec.gov.
Please note that the XBRL file does not include all of the information contained in the Prospectus or Summary Prospectus. To access the full text of the Prospectus or Summary Prospectus, click on the link for each above.
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information are in the prospectus, a copy of which may be downloaded by clicking here, or obtained by calling (888) 447-4470. Please read the prospectus carefully before you invest. The Fund is available for sale in all states.
Risk Disclosures: Investing involves risk, including the possible loss of principal. The Fund is subject to Environmental Policy Risk, the Funds investment focus on environmental factors could cause it to make or avoid investments that could result in the Fund underperforming funds that do not have an environmental focus. The Fund invests in small and medium size companies. Investments in these companies, especially smaller companies, carry greater risk than is customarily associated with larger companies for various reasons such as increased volatility of earnings and prospects, narrower markets, limited financial resources and less liquid stock. The Fund invests in foreign securities through the use of ADRs. Foreign investments involve additional risks, including currency fluctuations, political instability, differences in financial reporting standards and less stringent regulation of securities markets. Emerging market countries involve greater risks, such as immature economic structures, national policies restricting investments by foreigners, and different legal systems. The Fund will typically invest in the securities of fewer issuers. If the Fund’s portfolio is over weighted in a sector, any negative development affecting that sector will have a greater impact on the Fund than a fund that is not over weighted in that sector. The Fund is newly organized and has no operating history. As a result, prospective investors have no track record or history on which to base their investment decisions.
The Russell 3000® Growth Index measures the performance of those Russell 3000® Index companies with higher price-to-book ratios and higher forecasted growth values. An investor cannot invest directly in an index. The S&P 500® Index includes 500 industry leading companies measuring the performance of the large-cap U.S. equity universe.
The Fund is distributed by IMST Distributors, LLC. Riverbridge mutual funds may be offered only to persons in the United States and its territories, and by way of a prospectus. This website should not be considered a solicitation or offering of any Riverbridge mutual fund to investors residing outside the United States or its territories. Not FDIC insured. No bank guarantee. May lose value.