iMGP Equity Fund, formerly known as Litman Gregory Masters Equity
Fund, seeks superior long-term growth relative to the overall U.S. stock
market. Each of the managers separately runs a portion of the fund's
portfolio, and each represents a different stock-picking approach or
market cap segment. Working independently, each manager runs a portfolio
composed of no fewer than 5 or more than 15 of their most compelling
stock picks. Because of the mix of managers, we expect 50% to 85% of the
fund's portfolio, in normal conditions, to be invested in mid- and
large-cap stocks. The fund is primarily invested in the U.S. market,
although the managers have limited flexibility to invest in the stocks
of foreign companies. We expect typical overseas exposure to be less
than 15% of total assets. The multimanager structure results in a
broadly diversified portfolio in terms of styles, industries, and
stocks. Typically, the fund holds between 75 and 105 stocks.
This fund is appropriate for investors who:
Want a core equity investment with exposure to a broad slice of the market
Seek strong market-cycle performance but are less concerned about short-term returns
Understand the short-term risks associated with the stock market
iMGP Fundsʼ 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 viewed here or by calling 1-800-960-0188. Read it carefully before investing.
Diversification does not assure a profit nor protect against loss in a declining market. Mutual fund investing involves risk. Principal loss is possible.
Potential risks include, but are not limited to, market risk, credit risk, liquidity risk, interest rate risk, and management risk. Outcomes depend on the skill of the sub-advisors and advisor and the allocation of assets among them. References to other mutual funds should not be deemed an offer to sell or solicitation of an offer to buy shares of such funds.