NAV as of: 06/18/2013 $14.23 - Daily NAV change: +$0.19 (+1.35%)

Fund CharacteristicsAs of: 03/31/2013

TickerJMCRX
Inception Date07/01/2010
Cusip470259813
Total Net Assets as of 06/18/2013 ($mil)$12.04
Price/Earnings Ratio (12m trailing)14.85
Price/Book Ratio2.23
Dividend Yield0.86
Weighted Average Market Capitalization ($ mil)$349.20
Median Market Capitalization ($ mil)$246.40
Total Number of Equity Issues47

Fund Operating Expenses:Prospectus 11/01/2012

Management Fee1.43%
Distribution (12b-1) Fee0.00%
Other Expenses0.07%
Acquired Fund Fees and Expenses(AFFE)0.00%
Total Annual Fund Operating Expenses1.50%
Redemption Fee(within 180 Days)2.00%

Market Capitalization Equity HoldingsAs of: 03/31/2013

(Less than $250 mil )38.37%
($250 - $1,000 mil)57.52%
($1,000 - $4,000 mil)4.11%
($4,000 - $7,000 mil)0.00%
(Greater than $7,000 mil)0.00%
Total100.00%

Top 5 Contributors to PerformanceAs of: 03/31/2013

CARRIAGE SERVICES INC
SUSSER HOLDINGS CORP
STEALTHGAS INC
PC CONNECTION INC
ADAMS RESOURCES & EN

Asset AllocationAs of: 03/31/2013

Equity 93.93%
Cash 6.07%
Total100.00%

Top Five Sector AllocationsAs of: 03/31/2013

Finance 20.67%
Consumer Cyclical 16.56%
Industrial 14.88%
Consumer Non-Cyclical 12.24%
Technology 10.48%
Total as % of Fund74.83%

Top Five Industry AllocationsAs of: 03/31/2013

Financial Services 9.99%
Retail-Special Lines 8.59%
Banks-Regional 8.41%
Miscellaneous Service 5.37%
Information Processing-Software & Services 4.41%
Total as % of Fund36.78%
 

Top Ten Equity Holdings (% of Fund)As of: 01/31/2013

ePlus Inc 6.85%
Standex International Corp 4.29%
Neenah Paper Inc 4.16%
Carriage Services Inc 3.84%
Susser Holdings Corp 3.44%
Alico Inc 3.37%
Peoples Bancorp Inc/OH 3.28%
MainSource Financial Group Inc 3.27%
Federal Agricultural Mortgage Corp 3.02%
Material Sciences Corp 3.02%
Total as % of Fund38.54%

Region Exposure Top ThreeAs of: 03/31/2013

United States of America 93.77%
Marshall Islands 3.11%
Israel 1.89%
Total as % of Fund98.77%

Bottom 5 Contributors to PerformanceAs of: 03/31/2013

CBEYOND INC
TOWN SPORTS INTERNATIONAL
RUDOLPH TECHNOLOGIES INC
MAGELLAN PETROLEUM CORP
FEDERAL AGRICULTURAL MORTGAGE CORP

Fund Income DataAs of: 03/31/2013

Average Duration to Worst 0.00

Top Five Sector Allocations (Fixed) As of: 03/31/2013

Total as % of Fund0.00%

Top Five Industry Allocations (Fixed) As of: 03/31/2013

Total as % of Fund0.00%

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An investment in an exchange-traded fund (ETF) generally presents the same primary risks as an investment in a conventional fund (i.e., one that is not exchange traded) that has the same investment objectives, strategies, and policies. The price of an ETF can fluctuate up or down, and the Fund could lose money investing in an ETF if the prices of the securities owned by the ETF go down. In addition, ETFs may be subject to the following risks that do not apply to conventional funds: (i) the market price of an ETF's shares may trade above or below their net asset value; (ii) an active trading market for an ETF's shares may not develop or be maintained; or (iii) trading of an ETF's shares may be halted if the listing exchange's officials deem such action appropriate, the shares are delisted from the exchange, or the activation of market-wide "circuit breakers" (which are tied to large decreases in stock prices) halts stock trading generally.

Funds whose investments are concentrated in a specific industry or sector may be subject to a higher degree of market risk than funds whose investments are diversified. In addition, the Fund may be subject to specific risks of the technology sector, such as obsolescence.


The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market. It makes up less than 3% of the U.S. equity market. It includes 1000 of the smallest securities in the small-cap Russell 2000© Index based on a combination of their market cap and current index membership and it includes the next 1,000 securities.

You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses of the Fund before investing. The Fund's prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund's prospectus by calling 1-800-995-2637 or click here to view or download a prospectus online.

Mid, Small and Micro Cap investing involve greater risk not associated with investing in more established companies, such as greater price volatility, business risk, less liquidity and increased competitive threat. Fund holdings and sector weightings are subject to change without notice. Past performance is no guarantee of future results.