Performance
SNW Oregon Short‐Term Tax‐Exempt Bond Fund
Institutional Class (ORFIX)
Expense ratio: 0.80%
|
Yield (as of 4/30/12) |
Total Return (as of 4/30/12) |
||
|
30-Day SEC Yield |
1‐Month |
3-Month |
Since Inception* |
|
1.05% |
0.66% |
0.43% |
4.22% |
* May 2, 2011
The performance shown is past performance, and 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 may be lower or higher than the figures shown. Call 1‐855‐234‐9706 for performance current to the most recent month‐end. The Fund assesses a 2.00% fee on the value of shares redeemed within 30 days of purchase. The performance quoted does not reflect the redemption fee.
The gross expense ratio is the Fund’s estimated total annual operating expenses as stated in the Fund’ current prospectus, and prior to any fee waivers or expense reimbursements by SNW Asset Management, LLC (the Fund’s investment adviser). The net expense ratio is the Fund’s estimated annual operating expenses after fee waivers and/or expense reimbursements by the adviser. The adviser has contractually agreed to limit the Fund’s expenses until August 31, 2014, unless an earlier termination is approved by the Fund’s board of trustees. The performance quoted would have been lower if the expense limitation had not been in effect.
Before investing, you should carefully consider the Fund’s investment objectives, risks, charges and expenses. You may obtain a prospectus with this and other information about the Fund by clicking here or calling 1-855-234-9706. The prospectus should be read carefully before investing.
The SNW Oregon Short-Term Tax-Exempt Bond Fund is distributed by BNY Mellon Distributors Inc., not an adviser affiliate.
