| Fund | NAV Change | Daily Dividend Factor | Daily Yield (%) | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception |
|---|---|---|---|---|---|---|---|---|
AMF Ultra Short Mortgage Fund
|
$7.0700 $0 | 0.000347465 | 1.79 | -0.32 | 1.04 | 1.18 | 0.10 | 2.73 |
AMF Short U.S. Government Mortgage Fund
|
$10.0000 $0 | 0.000314910 | 1.15 | 0.26 | 0.54 | 1.06 | 1.41 | 5.19 |
AMF Large Cap Equity Fund Class AMF Shares
|
$9.1500 $-0.01 | n\a | n\a | -2.83 | 10.56 | 10.12 | 6.08 | 10.30 |
Mutual Funds
The inception date of the AMF Large Cap Equity Fund is 6/30/53. As of 03/31/2015, SEC Standardized Returns for the AMF Ultra Short Mortgage Fund for 1 year, 5 years, 10 years and since inception were 1.33%, 2.09%, 0.32%, and 2.84%, respectively. As of 03/31/2015, SEC Standardized Returns for the AMF Short U.S. Government Fund for 1 year, 5 years, 10 years and since inception were 1.87%, 1.39%, 1.64%, and 5.32%, respectively. As of 03/31/2015, SEC Standardized Returns for the Large Cap Equity Fund for 1 year, 5 years, 10 years and since inception were 4.34%, 11.17%, 6.21%, and 10.44%, respectively.
For the fiscal year ended October 31, 2013, the following fees were voluntarily waived for the Ultra Short Mortgage Fund: 0.16% by the Advisor and 0.10% by the Distributor. These voluntary waivers and insurance reimbursements lowered the "Total Fund Operating Expenses" to 0.80% for the Ultra Short Mortgage Fund. The Advisor and Distributor expect to continue these waivers throughout the year but are not obligated to do so. If these fee waivers and insurance reimbursements were not recorded, the performance would have been lower. The Gross Fund Expense ratio for the Ultra Short Mortgage Fund was 1.09%.
For the fiscal year ended October 31, 2014, contractual Advisor expense reductions were applied due to maximum expense restraints (caps) in the amount of 0.12% for the Short U.S. Government Fund. These contractual Advisor expense reductions lowered the "Total Fund Operating Expenses" to 0.75% for the Short U.S. Government Fund. If these contractual Advisor expense reductions were not effected, the performance would have been lower. The Gross Fund Expense ratio for the Short U.S. Government Fund was 0.87%.
For the fiscal year ended October 31, 2014, the Distributor voluntarily waived its fee of 0.10% for the Large Cap Equity Fund (AMF Share Class). This voluntary waiver lowered the “Total Fund Operating Expenses” to 1.13% for the Large Cap Equity Fund (AMF Share Class). The Distributor expects to continue its fee waiver throughout the year but is not obligated to do so. If this fee waiver was not effected, the performance would have been lower. The Gross Fund Expense ratio for the Large Cap Equity Fund (AMF Share Class) was 1.34%.
The Fund may not be available to investors in all states, and this does not constitute an offer in those states.
Investors should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other investment information about the Fund. To receive a prospectus, please contact the Fund's Distributor, Provenance Financial Services, Inc., member FINRA and SIPC, at (800) 982-1846.