Description
Villere & Co.
Page 5
Important Information
Pension & Investments http://www.pionline.com/article/20161226/
PRINT/312269977/brexit-trump-victory-cap-unexpected-year
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Q&A with George Young, Portfolio Manager http://www.villere.com/media/
pdfs/QA5.pdf
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A mutual fund’s 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 866-209-1129 or visiting www.
villere.com. Read carefully before investing.
Mutual fund investing involves risk; loss of principal is possible.
Investments in smaller and medium sized companies involve
additional risks such as limited liquidity and greater volatility
than large cap companies. The Balanced Fund will invest in debt
securities.
Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower rated and non-rated securities present a great risk of loss to principal and interest than higher rated securities.
The Equity Fund may invest in foreign securities. Foreign investments involve additional risks, including currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. These risks are magnified in emerging markets.
The Equity Fund’s ability to invest in initial public offerings (IPOs) involves a higher degree of risk than more seasoned companies. All holdings in the portfolio are subject to change without notice and may or may not represent current or future portfolio composition. The mention of specific securities is not intended as a recommendation or an offer of a particular security, nor is it intended to be a solicitation for the purchase or sale of any security. Cash flow is the net amount of cash and cash-equivalents moving into and out of a business. Duration, expressed as a number of years, is a measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Indexes: Lipper Balanced Index and the Lipper Mid Cap Growth Fund Index are equally weighted performance index of the largest qualifying funds in their respective Lipper Categories. Each Lipper average represents a universe of Funds with similar investment objectives. S&P 500 is an unmanaged index which is widely regarded as the standard for measuring large-cap U.S.
stock market performance. The stock index does not incur expenses and is not available for investment. The Villere Funds are distributed by Quasar Distributors, LLC. Earnings growth is not representative of the fund’s future performance. The opinions expressed above are those of St. Denis J. Villere, George V.
Young, St. Denis J. Villere III, and Lamar G.
Villere and are subject to change, are not guaranteed and should not be considered recommendations to buy or sell any security. The Top 10 holdings in the funds as of 12/31/2016 were: Villere Balanced Fund: Financial Engines, Inc. (FNGN) Taser International, Inc. (TASR) Howard Hughes Corp. (HHC) Kearny Financial Corp. (KRNY) B/E Aerospace, Inc. (BEAV) Skyworks Solutions, Inc. (SWKS) 3D Systems Corp. (DDD) Pool Corp. (POOL) Apache Corp. (APA) Visa, Inc. (V) 6.7% 6.0% 5.2% 5.0% 4.5% 4.2% 3.8% 3.7% 3.7% 3.7% Villere Equity Fund: Financial Engines, Inc. (FNGN) Taser International, Inc. (TASR) Luminex Corp. (LMNX) B/E Aerospace, Inc. (BEAV) Genesee & Wyoming, Inc. (GWR) Skyworks Solutions, Inc. (SWKS) Apache Corp. (APA) LKQ Corp. (LKQ) Howard Hughes Corp. (HHC) Pool Corp. (POOL) (504) 525-0808 5.7% 5.6% 5.5% 5.5% 5.1% 4.7% 4.7% 4.5% 4.4% 4.4% www.villere.com ©2016 Villere & Co. .
Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower rated and non-rated securities present a great risk of loss to principal and interest than higher rated securities.
The Equity Fund may invest in foreign securities. Foreign investments involve additional risks, including currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. These risks are magnified in emerging markets.
The Equity Fund’s ability to invest in initial public offerings (IPOs) involves a higher degree of risk than more seasoned companies. All holdings in the portfolio are subject to change without notice and may or may not represent current or future portfolio composition. The mention of specific securities is not intended as a recommendation or an offer of a particular security, nor is it intended to be a solicitation for the purchase or sale of any security. Cash flow is the net amount of cash and cash-equivalents moving into and out of a business. Duration, expressed as a number of years, is a measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Indexes: Lipper Balanced Index and the Lipper Mid Cap Growth Fund Index are equally weighted performance index of the largest qualifying funds in their respective Lipper Categories. Each Lipper average represents a universe of Funds with similar investment objectives. S&P 500 is an unmanaged index which is widely regarded as the standard for measuring large-cap U.S.
stock market performance. The stock index does not incur expenses and is not available for investment. The Villere Funds are distributed by Quasar Distributors, LLC. Earnings growth is not representative of the fund’s future performance. The opinions expressed above are those of St. Denis J. Villere, George V.
Young, St. Denis J. Villere III, and Lamar G.
Villere and are subject to change, are not guaranteed and should not be considered recommendations to buy or sell any security. The Top 10 holdings in the funds as of 12/31/2016 were: Villere Balanced Fund: Financial Engines, Inc. (FNGN) Taser International, Inc. (TASR) Howard Hughes Corp. (HHC) Kearny Financial Corp. (KRNY) B/E Aerospace, Inc. (BEAV) Skyworks Solutions, Inc. (SWKS) 3D Systems Corp. (DDD) Pool Corp. (POOL) Apache Corp. (APA) Visa, Inc. (V) 6.7% 6.0% 5.2% 5.0% 4.5% 4.2% 3.8% 3.7% 3.7% 3.7% Villere Equity Fund: Financial Engines, Inc. (FNGN) Taser International, Inc. (TASR) Luminex Corp. (LMNX) B/E Aerospace, Inc. (BEAV) Genesee & Wyoming, Inc. (GWR) Skyworks Solutions, Inc. (SWKS) Apache Corp. (APA) LKQ Corp. (LKQ) Howard Hughes Corp. (HHC) Pool Corp. (POOL) (504) 525-0808 5.7% 5.6% 5.5% 5.5% 5.1% 4.7% 4.7% 4.5% 4.4% 4.4% www.villere.com ©2016 Villere & Co. .
