Chief Investment Officer Jeremy DeGroot and senior research analysts Jack Chee and Jason Steuerwalt were recently interviewed about our investment manager due diligence and selection process. The interview became the cover story, Competitive Edge, in one of the latest issues of CityWire Magazine.
You will be directed to the article shortly. You can also click here to read the article.
iMGP Funds emails provide investors a way to stay in touch with us and receive information regarding the funds and investment principles in general. Topics may include updates on the funds and managers, further insights into our investment team’s processes, and commentary on various aspects of investing.
The funds’ 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 1-800-960-0188, or visiting www.mastersfunds.com. Read all material carefully before investing.
Mutual fund investing involves risk. Principal loss is possible. Past performance does not guarantee future results.
Each fund may invest in foreign securities. Investing in foreign securities exposes investors to economic, political and market risks, and fluctuations in foreign currencies. 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 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. Investments in debt securities typically decrease when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in mortgage-backed securities include additional risks that investor should be aware of including credit risk, prepayment risk, possible illiquidity, and default, as well as increased susceptibility to adverse economic developments. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Merger arbitrage investments risk loss if a proposed reorganization in which the fund invests is renegotiated or terminated. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management, and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. The funds may invest in master limited partnership units. Investing in MLP units may expose investors to additional liability and tax risks. The funds may make short sales of securities, which involves the risk that losses may exceed the original amount invested. Multi-investment management styles may lead to higher transaction expenses compared to single investment management styles. Outcomes depend on the skill of the sub-advisors and advisor and the allocation of assets amongst them.
Leverage may cause the effect of an increase or decrease in the value of the portfolio securities to be magnified and the fund to be more volatile than if leverage was not used.
References to other mutual funds should not be considered an offer of these securities. Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security.
Opinions expressed are subject to change, are not guaranteed, and should not be considered recommendations to buy or sell any security.
ETF (Exchange-Traded Fund) is a marketable security that tracks a stock index, a commodity, bonds, or a basket of assets.
SMA (Separately Managed Account) a portfolio of assets managed by a professional investment firm.
RIA= Registered Investment Adviser
Litman Gregory Fund Advisors, LLC has ultimate responsibility for the performance of the iMGP Funds due to its responsibility to oversee the funds’ investment managers and recommend their hiring, termination, and replacement.
iMGP Funds are distributed by ALPS Distributors, Inc.