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Brazos Growth Fund: Fund Overview
  
Investment
Objective
The
Brazos Growth Fund's investment objective is to provide maximum
capital growth, consistent with reasonable risk to principal.
The Fund invests in equity securities including common stock
and securities convertible into common stock. |
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Quick Look |
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| As
of 8/27/2008 |
| Ticker Symbol |
BJGRX |
| CUSIP |
10620M408 |
| Fund Number |
1420 |
| Inception Date |
12/31/98 |
| Daily NAV |
$ 18.01 |
| Daily Change |
$ 0.11 |
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Daily pricing information provided by
Vision® Past performances does not guarantee
future results.
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Fund Description
The Brazos
Growth strategy consists of the best ideas uncovered across all
market capitalizations from diligent research efforts without market
cap restrictions. Securities selection is based on a company’s
potential for strong growth in revenue, earnings and cash flow,
strong management, and leading products or services. The Growth
Fund generally seeks securities of companies with above average
growth rates, above average return on equity, and low debt levels.
We generally
seek investments in securities of companies with high growth rates,
above average return on equity, and low debt levels. We seek to
identify earnings growth in growth companies before it is reflected
in those companies' stock price. We look for catalysts
for such growth by using multiple screens to identify prospective
portfolio companies. To manage fluctuations in the value of
the Portfolio's investments, we invest across numerous industry
sectors with no industry sector representing more than 25% of the
value of the Portfolio.
We incorporate
a bottom-up, fundamental research methodology to identify companies
for potential purchase. We conduct due diligence with each company’s
senior management, suppliers, competitors and customers in an attempt
to understand the dynamics within each company's business.
We then select companies with strong growth in revenue, earnings
and cash flow, predictable operating models, seasoned management,
and unique products or services. We confirm our analysis using
a variety of screens and confirmation checks.
Investor
Profile
The Brazos Growth Fund may be appropriate
for investors who:
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Are seeking long-term capital growth; |
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Do not need current income; |
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Are willing to hold an investment over a long period
of time, and; |
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Are able to tolerate fluctuations in the principal
value of their investment. |
Minimums, Fees & Expenses (As of 7/31/2008) |
Class |
Min
Investment |
Fund Expenses |
Management Fee |
Distribution Fee* |
Total
Operating
Expense Ratio |
Expense
Ratio Cap |
| Y |
$1,000,000 |
0.75 % |
- |
1.20 % |
1.20 % |
| N |
$5,000 |
0.75 % |
0.35 % |
1.25 % |
1.55 % |
*Class N includes
12b-1 fees (no 12b-1 fee on Class Y)
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Stocks of micro cap and small cap companies are more volatile
than stocks of larger cap companies. Micro cap and small
cap companies are subject to additional risk including, but
not limited to, limited liquidity and greater volatility compared
to investments in larger more-established equity securities.
As
of July 31, 2008, the Brazos Growth expense ratio was 1.20%; of
that 0.75% is allocated to management fees and the remainder
is applied toward other annual portfolio operating expenses.
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| Please call
Shareholder Services at 1-800-426-9157 for more information
on our closed share class B. Please call Client Relations at
1-866-521-5642 for more information on Institutional share classes.
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Click
here to download the Brazos Growth Fund fact sheet in
PDF format.
Click
here for the Brazos Growth Fund dividend distributions history
for 2007.
Click
here
to view additional disclosures.
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© 2005 Brazos Capital Management • All Rights Reserved
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