|
| |
|
Pearl
Mutual Funds |
|
|
|
At close of
Tuesday,
November 18, 2008
|
| |
Pearl Total
Return Fund |
|
Pearl Aggressive
Growth Fund |
|
Total Return, Year
to date |
- 43.14
% |
|
- 57.23 % |
|
|
|
|
|
NAV Per Share |
$ 7.54 |
|
$ 6.42 |
|
NAV change from prior day |
-
$ 0.03 |
|
- $ 0.10 |
|
Total Net Assets |
$ 63,532,564 |
|
$ 29,053,467 |
|
|
|
|
|
|
|
|
|
|
Total Return, Year
2007 * |
+ 10.37 % |
|
+ 19.11 % |
|
Total Return, Year
2006 * |
+ 20.67 % |
|
+ 22.10 % |
|
Total Return, Year
2005 * |
+ 11.55 % |
|
+ 18.01 % |
|
Total Return, Year
2004 * |
+ 16.83 % |
|
+ 17.60 % |
|
Total Return, Year
2003 * |
+ 35.73 % |
|
+ 53.36 % |
|
Total Return, Year
2002 * |
- 10.75 % |
|
- 17.27 % |
|
Total Return, Year
2001 * |
+ 3.13 % |
|
+ 0.60 % ** |
|
Total Return, Year
2000 * |
+ 1.56 % |
|
NA |
|
Total Return, Year
1999 * |
+ 26.99 % |
|
NA |
|
|
Pearl Total Return Fund declared a $3.6819 per share
dividend distribution on December 31, 2007. The
distribution included $0.4414 income distribution, $0.2576
short-term capital gain distribution, and $2.9829 long-term
capital gain distribution. The NAV per share before this
distribution was $16.94. After the distribution the NAV was
$13.26 per share.
Pearl Aggressive Growth Fund declared a $2.2371 per share
dividend distribution on December 31, 2007. The
distribution included $0.2134 income distribution, $0.1691
short-term capital gain distribution, and $1.8546 long-term
capital gain distribution. The NAV per share before this
distribution was $17.25. After the distribution the NAV was
$15.01 per share.
The reinvestment date for both Pearl Funds was December 31,
2007. The payable date for those who had chosen a cash
distribution was Thursday, January 31, 2008.
|
|
|
Pearl Total Return
Fund |
Pearl
Aggressive Growth Fund
|
-
Ticker Symbol:
PFTRX
-
Seeks long-term total return.
-
Usually invests 80% or more of its net assets in equity
mutual funds.
-
Invests in a diversified blend of equity funds with varying
styles and varying levels of risk.
|
-
Ticker Symbol: PFAGX
-
Seeks long-term aggressive growth of capital.
-
Is almost always fully invested (95% or more) in equity
mutual funds.
-
Is likely to invest more of its assets in funds with an
aggressive-growth style.
|
|
|
More Performance Information:
-
In the 5 years through September 30,
2008,
Pearl
Total Return Fund
gained 45.22% while the S&P 500 Index
gained 28.60%. See annualized figures below.
-
Pearl Total Return Fund
outperformed all 3 comparison indexes during all
these periods through September 30, 2008: 3, 5, and 10 years.
-
During the
deep 3-year bear market (2000 through 2002),
Pearl Total Return Fund
had
2 up years
and only 1 down year. For that
entire 3-year period,
Pearl Total Return Fund
was
down only
(6.52%) (not annualized).
-
Pearl Aggressive Growth Fund
gained 54.44%
in the 5 years through September 30, 2008, while the S&P 500 Index gained
28.60%.
See annualized figures below.
-
Pearl Aggressive Growth Fund
outperformed all 3 comparison indexes during its
entire 7 year history as well as during the
5 year periods through September 30, 2008.
-
All Pearl Funds performance figures are
net -- after deduction of all
expenses (all fees, transaction costs,
etc.), including all expenses of each Pearl
Fund and all expenses of all the mutual funds in
its portfolio.
|
Average Annual Total Returns *
for years ended September 30 2008 |
1 year |
3 years |
5 years |
10 years |
|
Pearl Total
Return Fund |
- 25.81% |
+ 0.82% |
+ 7.75% |
+ 8.53% |
|
Dow Jones Wilshire 5000 Index (Full Cap) |
- 21.20% |
+ 0.64% |
+ 6.04% |
+ 4.00% |
|
MSCI World Index |
- 26.05% |
+ 0.75% |
+ 7.32% |
+ 3.80% |
|
Standard
& Poor’s 500 Index |
- 21.98% |
+ 0.22% |
+ 5.16% |
+ 3.06% |
|
| |
|
Average Annual Total Returns *
for periods ended September 30, 2008
|
1 year |
3 years |
5 years |
7 years (since Inception) |
|
Pearl Aggressive Growth Fund |
- 32.47% |
+ 0.25% |
+ 9.08% |
+ 7.81% |
|
Dow Jones Wilshire
5000 Index (Full Cap) |
- 21.20% |
+ 0.64% |
+ 6.04% |
+ 2.24% |
|
MSCI
World Index |
- 26.05% |
+ 0.75% |
+ 7.32% |
+ 2.96% |
|
Standard
& Poor’s 500 Index |
- 21.98% |
+ 0.22% |
+ 5.16% |
+ 1.14% |
|
|
|
|
|
*
All total returns
include dividends reinvested. The total returns do not reflect the deduction
of taxes that a shareholder would pay on fund dividends or on redemption
of fund shares. Likewise, the total returns of indexes do not reflect
the deduction of taxes that an investor in stocks would pay on dividends
or on sale of stocks.
** Not annualized. Pearl Aggressive Growth Fund
Inception 7-2-01.
For more
performance information, see the
Performance page.
Past performance
does not predict future performance.
Each Pearl
Fund is a diversified fund of funds that invests in
shares of other mutual funds (registered investment companies).
The mutual
funds in both Pearl Funds portfolios are researched, selected, and
watched over by our
experienced team of professionals. We believe you
have the potential to benefit from our depth of resources,
experience, and knowledge.
We believe
Pearl Mutual Funds make investing easy for you. Instead of you
having to research and select a group of mutual funds, Pearl Funds
give you a choice of two widely diversified portfolios with the
potential to help you meet your long-range investment objectives,
while managing risks.
Both Pearl Funds
are no-load – no sales charge or commission. To help
protect long-term shareholders and discourage frequent trading of
Fund shares, a 2% redemption fee is charged if a shareholder sells
shares owned for 30 days or less.
Both Funds seek to make all their investments on a no-load
basis, to avoid transaction costs.
Pearl Total Return Fund has not
paid any sales charge, commission, or redemption fee since 1998.
Pearl Aggressive Growth Fund has
never paid any sales charge, commission, or redemption fee.
Limit on Expenses .
Pearl Management Company, the Funds’ Manager, has
contractually agreed to reimburse each Pearl Fund for all ordinary
operating expenses (including management and administrative fees)
exceeding these expense ratios: 0.98% of a Fund's
average net assets up to $100 million; 0.78% in
excess of $100 million. The Manager's reimbursement of
expenses that exceed the expense limit lowers the expense ratio and
increases the overall return to investors.
Pearl Mutual
Funds are described in a Prospectus which contains more complete
information. Before investing, please read the Prospectus and
carefully consider a Fund's objectives, risks, charges, and
expenses. You can read and print the Prospectus from any page on
this Website by clicking on
Prospectus — or call toll-free 866-747-9030, or fax or
e-mail us, for a free paper Prospectus.
From July 1,
1972 through July 1, 2001,
Pearl Total
Return Fund’s shares were not registered under the Securities
Act of 1933 and only private sales were made. Both Funds began
offering their shares to the public pursuant to an effective
registration statement on July 2, 2001.
This Website
provides general information about services provided by Pearl Mutual
Funds and
Pearl Management Company.
Nothing on this Website is an offer to provide any service in
any jurisdiction that would be unlawful under its securities laws.
Pearl Funds are offered only to residents of the United
States. Information on this Website is intended only for U.S.
residents.
 |
| |
|
