Aggressive Value Fund
The Cambiar Aggressive Value Fund is an opportunistic 'best ideas' strategy. The Fund holds stocks from Cambiar's three existing Funds - Opportunity, Small Cap and International Equity.
Morningstar Rating as of 12/31/11
Overall rated 5 stars for the period ending 12/31/11 out of 1127 US-domiciled Large Value Funds. Morningstar rankings are based on risk adjusted returns and the Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three, five and ten year Morningstar Ratings metric.
Portfolio Characteristics
- A global multi-cap fund that holds the most compelling investments found in Cambiar's exisiting strategies.
- Concentrated 20-30 stock portfolio.
- Global portfolio with a bias towards U.S. stocks.
- Non-diversified fund designed for long-term capital appreciation
- Fund may hold derivatives, pair trades and occasional short positions.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Returns assume reinvestment of all dividend and capital gains distributions. Expense ratio is 1.45% (gross); 1.35% (net). Contractual fee waiver in effect until September 1, 2012. The Russell 3000 Index measures the performance of the largest 3000 U.S. companies representing approximately 98% of the investable U.S. equity market. The Russell 3000 Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index.
The Aggressive Value Fund is not a diversified fund. For performance data current to the most recent month end, please call 1-866-777-8227.
The Fund charges a 2.00% redemption fee on redemptions of shares held for less than 90 days.
For each fund with at least a three year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 4 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year Morningstar Ratings metric. CAMAX was rated against 1127 US-domiciled Large Value funds over a three year time period. With respect to these large value funds, CAMAX received a Morningstar Rating of 5 stars, respectively. Past performance is no guarantee of future results.
| Quarterly Performance as of 12.31.11 | |||
|---|---|---|---|
| CAMAX | Russell 3000 | ||
| 4Q11 | 11.91% | 12.12% | |
| YTD | -17.25% | 1.03% | |
| 1 Year | -17.25% | 1.03% | |
| 3 Year | 26.81% | 14.88% | |
| Since Inception | 3.59% | -1.12% | |
Inception Date: 8.31.2007
3 year and since inception performance information are annualized.
Mutual Fund: Cambiar Aggressive Value Fund
Ticker: CAMAX
Share Class: Investor
Inception Date: 8.31.2007
Minimum Initial Investment: $2,500 (IRA $500)
2011 Capital Gains: Click here
Ticker: CAMAX
Share Class: Investor
Inception Date: 8.31.2007
Minimum Initial Investment: $2,500 (IRA $500)
2011 Capital Gains: Click here
- Cambiar Aggressive Value Fund - Fact Sheet Read about the performance, characteristics and portfolio breakdown for this 'best ideas' Fund.
- Cambiar Aggressive Value Fund - Commentary Read about the leading contributors and detractors for the Opportunity Fund for the quarter.
- Cambiar Aggressive Value Fund - Summary Prospectus
- Cambiar Funds - Prospectus
- Cambiar Aggressive Value Fund - 2011 Capital Gains Estimate