|2017 Distribution Estimate|
RECEIVE QUARTERLY UPDATES
NET ASSET VALUES*
*as of December 11, 2017
Past performance does not guarantee future results.
Mutual fund investing involves risk, principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. The risk is usually greater for longer-term debt securities. Investments in asset-backed and mortgage-backed securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. Investments in bonds of foreign issuers involve greater volatility, political and economic risks, and differences in accounting methods. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Results include the reinvestment of all dividends and capital gains distributions.
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 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 managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
The Thompson Bond Fund was rated against the following numbers of U.S.-domiciled Short-term Bond funds over the following time periods: 460 funds in the last three years, 384 funds in the last five years, and 257 funds in the last ten years for the period ending 10/31/2017. With respect to these Short-term Bond funds, Thompson Bond Fund received a Morningstar Rating of 5 stars for the three-year, five- and ten-year periods. ©2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
The Bloomberg Barclays U.S. Government/Credit 1-5 Year Index is a market value weighted performance index which includes virtually every major U.S. government and investment-grade rated corporate bond with 1-5 years remaining until maturity. It is not possible to invest directly in an index.
For the quarter ending 9/30/2017 the Bloomberg Barclays U.S. Government/Credit 1-5 Year Index returned 0.51% for the one year, 1.51% for the three year, 1.20% for the five year and 2.75% for the ten year period. For the quarter ending 9/30/2017 the Morningstar Short-term Bond Fund Category returned 1.26% for the one year, 1.40% for the three year, 1.17% for the five year and 2.43% for the ten year time period.
The Thompson IM Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any Thompson IM Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
Before you invest in the Funds, please refer to the prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-800-999-0887 . The prospectus should be read carefully before you invest or send money.
Mutual fund investing involves risk. Principal loss is possible.
The Thompson IM Funds are distributed by Quasar Distributors, LLC.