A mutual fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company and may be obtained by calling 866.209.1129 or clicking here. Read carefully before investing.
Mutual fund investing involves risk; loss of principal is possible. Investments in smaller and medium sized companies involve additional risks such as limited liquidity and greater volatility than large cap companies. The Balanced Fund will invest in debt securities. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower rated and nonrated securities present a greater risk of loss to principal and interest than higher rated securities. The Equity Fund may invest in foreign securities. Foreign investments involve additional risks, including currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. These risks are magnified in emerging markets. The Equity Fund's ability to invest in initial public offerings (IPOs) involves a higher degree of risk than more seasoned companies.
The Villere Funds are distributed by Quasar Distributors, LLC.
Glossary of Terms contains definitions and additional information.
Opinions expressed are those of the author or Villere & Co., and are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice.
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.
Click here for the Villere Balanced Fund performance to the most recent quarter- and month-end.
Click here for the Villere Equity Fund performance to the most recent quarter- and month-end.
Gross expense ratios for the Villere Balanced Fund and Villere Equity Fund are 0.94% and 1.26%, respectively.
Earnings growth is not a measure of the Fund's future performance.
Diversification does not assure a profit or protect against loss in a declining market.
As of 6/30/2018, the Morningstar “Allocation – 70% to 85% Equity” category returns were: 1-year: 8.46%, 3-year: 6.38%, 5-year: 7.97%, 10-year: 6.27%, 15-year 7.14%. Villere Balanced Fund returns were: 10.70%, 3-year: 4.78%, 5-year: 5.58%, 10-year: 9.31%, 15-year: 8.32%.
© 2018 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.