Clarity Fund

Class No Load (CLRTX)

U.S. News evaluated 113 Small Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -3.91 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 6.3%
1 Year -3.9%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks capital appreciation. The fund seeks to achieve its objective by investing primarily in common stocks and a variety of securities convertible into common stocks such as rights, warrants, convertible preferred stock and convertible bonds. Its investment strategy (which is called "value investing") is to invest primarily in the securities of businesses that are trading at significant discounts to the investment adviser's assessment of the intrinsic (business or private market) value of the business. The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Clarity Fund has an expense ratio of 1.50 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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