Fund Description

The fund was incepted in February 1993 and is managed by Pacific Global Investment Management Company. The fund seeks capital appreciation through investment in small market capitalization companies. The fund invests at least 80% of its assets in small market capitalization companies (i.e., companies with market capitalizations of up to $1.5 billion). The fund generally invests a significant proportion of its assets in companies with market capitalizations under $500 million, which are often referred to as ''micro-cap stocks''. Dividends and capital gains are distributed annually.