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Masters' Select Funds'
investment objectives, risks, charges and expenses must
be considered carefully before investing. The prospectus
contains this and other important information about
the investment company, and it may be obtained by clicking here or
a free hard-copy is available by calling 1-925-254-8999. Read it carefully before
investing.
Each of the funds may invest in foreign securities. Investing
in foreign securities exposes investors to economic, political
and market risks and fluctuations in foreign currencies. Each
of the funds may invest in the securities of small companies. Small-company
investing subjects investors to additional risks, including
security price volatility and less liquidity than investing
in larger companies.
Masters’ Select Focused Opportunities Fund & Masters’ Select
Value Fund are non-diversified funds, which means that
they may concentrate more assets in fewer individual holdings
than diversified funds. Though primarily equity
funds, they may invest a portion of their assets in securities
of distressed companies. Debt obligations of distressed
companies typically are unrated, lower rated, in default
or close to default and may become worthless. The International Fund will invest in emerging markets. Investments in emerging market countries involve additional risks such as government dependence on a few industries or resources, government-imposed taxes on foreign investment or limits on the removal of capital from a country, unstable government, and volatile markets.
The Masters' Select Funds are
registered for sale to residents of the United
States, Guam, Puerto
Rico, and the U.S.Virgin
Islands, and information on this site is intended
only for such persons. Nothing on this web site should
be considered a solicitation to buy or an offer to sell
shares of any Masters' Select Fund in any jurisdiction
where the offer or solicitation would be unlawful under
the securities laws of such jurisdiction.
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