Fund Profile (data as of 06/30/24)
Fund Profile
(data as of 06/30/24)
global value
symbol
pgvfx
$32.46
assets
$422M
$2,500
global value
ticker symbol
pgvfx
$32.46
fund net assets
$422M
$2,500
Performance Summary (data as of 06/30/24)
Performance Summary
(data as of 06/30/24)
| YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception | |
| Polaris Global Value Fund | 4.88% | 15.12% | 2.38% | 7.04% | 6.39% | 9.00% |
| MSCI World Index | 11.75% | 20.19% | 6.86% | 11.78% | 9.16% | 7.33% |
| YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception | |
| Polaris Global Value Fund | 4.88% | 15.12% | 2.38% | 7.04% | 6.39% | 9.00% |
| MSCI World Index | 11.75% | 20.19% | 6.86% | 11.78% | 9.16% | 7.33% |
The MSCI World Index, net dividends reinvested, measures the performance of a diverse range of global stock markets in the U.S., Canada, Europe, Australia, New Zealand and the Far East. It is unmanaged and does include the reinvestment of dividends, net of withholding taxes. One cannot invest directly in an index.
Investment Comparison (hypothetical growth of $10K from 07/31/89-06/30/24)
Top 10 Holdings (data as of 06/30/24)
2.2%
1.8%
1.7%
1.7%
1.7%
1.7%
1.6%
Muenchener RueckversicherungsGesellschaft
1.6%
1.5%
1.5%
Industry Allocations
(data as of 06/30/24)
Industry Allocations
(data as of 06/30/24)
Country Allocations (data as of 06/30/24)
Country Allocations
(data as of 06/30/24)
Fees & Expenses
fees
1.00%
expenses
0.22%
total fund operating expenses
1.22%
reimbursed operating expenses
0.23%
total fees & expenses net of reimbursement
0.99%
Fees & Expenses
1.00%
0.22%
total fund operating expenses
1.22%
reimbursed operating expenses
0.23%
total fees & expenses net of reimbursement
0.99%
*As stated in the current prospectus, the Polaris Global Value Fund’s annual operating expense ratio is 1.22%. However, the Fund’s net annual operating expense ratio has been reduced to 0.99%, effective as of January 1, 2014, under a contractual agreement with the Adviser. The Adviser has agreed to waive its fee and/or reimburse Fund expenses to limit the expense ratio to 0.99% through April 30, 2025. Shares redeemed or exchanged within 180 days of purchase will be charged a 1.00% fee. Polaris Global Value Fund returns for periods less than 180 days do not reflect this fee; otherwise, if reflected, this return would have been lower. Returns greater than one year are annualized. Total return includes reinvestment of dividends and capital gains. During the period, some of the Polaris Global Value Fund’s fees were waived or expenses reimbursed. In the absence of these waivers and reimbursements, performance figures would be lower. The MSCI World Index, net dividends reinvested, measures the performance of a diverse range of global stock markets in the U.S., Canada, Europe, Australia, New Zealand and the Far East. It is unmanaged and does include the reinvestment of dividends, net of withholding taxes. One cannot invest directly in an index.
On June 1, 1998, a limited partnership managed by the Adviser reorganized into the Fund. The predecessor limited partnership maintained an investment objective and investment policies that were, in all material respects, equivalent to those of the Fund. The Polaris Global Value Fund’s performance for periods before June 1, 1998 is that of the limited partnership and includes the expenses of the limited partnership. If the limited partnership’s performance had been readjusted to reflect the first year expenses of the Polaris Global Value Fund, the Fund’s performance for the periods prior to June 1, 1998 may have been lower. 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, may have adversely affected its performance.
