ASSET BUBBLE? ECONOMIC BOOM? INTEREST RATE HIKES? “MELT-UP”? BITCOIN?
WHAT TO MAKE OF THIS MARKET ENVIRONMENT
Lamar Villere, CFA • April 22, 2021 • Villere Podcast
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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 great 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.
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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. References to other funds is not a recommendation to buy or sell.
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 standardized and month-end performance of the Villere Balanced Fund.
Click here for standardized and month-end performance of the Villere Equity Fund.
Fund holdings are subject to changes and are not recommendations to buy or sell any security
As of April 22, 2021, the Villere Balanced Fund held 28,227 shares of Pool Corp, Inc. and 155,880 shares of Caesars Entertainment, Inc. The Villere Equity Fund held 7,270 shares of Pool Corp, Inc. and 45,810 shares of Caesars Entertainment, Inc. Neither fund held any shares of GameStop, Procter & Gamble , or Bitcoin.
Click here for the Villere Balanced Fund current top 10 holdings.
Click here for the Villere Equity Fund current top 10 holdings.
Earnings growth is not representative of the fund’s performance.
Cryptocurrency is a digital asset designed to work as a medium of exchange where individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. SPACs are special purpose acquisition companies, essentially shell companies that raise money from investors through stock-market listings. Also known as “blank check companies”.
One cannot invest directly in an index.