Thompson Plumb Growth Fund - THPGX

Growth Fund Investment Strategy


The Growth Fund normally invests at least 65% of its net assets in a diversified portfolio of common stocks. Although current income is not its primary objective, the Growth Fund anticipates that capital growth will be accompanied by growth through dividend income. We also generally seek to identify investment opportunities in equity securities of companies that we believe have above-average potential for earnings and dividend growth. To achieve a better risk-adjusted return on its equity investments, the Growth Fund invests in many types of stocks, including a blend of large company stocks, smaller company stocks, growth stocks and value stocks. We believe that holding a diverse group of stocks will provide competitive returns under different market environments relative to more narrow investment styles. Our flexible approach to equity investing enables us to adapt to changing market trends and conditions and to invest wherever we believe opportunity exists.

Daily returns as of February 06, 2012
  Price Change YTD
THPGX33.290.0011.38%

Month-end annualized returns as of January 31, 2012
  One Year Three Year Five Year Ten Year
Growth
THPGX
0.73%21.08%-4.61%-0.14%

Average annual returns as of December 31, 2011
  One Year Three Year Five Year Ten Year
Growth
THPGX
-3.98%14.47%-6.01%-1.06%

Growth Fund Expense Ratios as of March 31, 2011
Gross of fee waivers or reimbursements 1.36%*

 

*The Advisor has contractually agreed to waive management fees and/or reimburse expenses incurred by the Growth Fund through March 31, 2012 so that the annual operating expenses of that Fund do not exceed 1.40% of its average daily net assets.

Performance data quoted represents past performance: past performance does not guarantee future results. The investment returns 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. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 800-999-0887 or visiting www.thompsonplumb.com.

 

Growth Fund Facts as of December 31, 2011


Fund Inception: February 10, 1992
Fund Assets: $101 million
Net Asset Value: $29.89
Dividend Frequency: Annual
Number of Equities: 88
Weighted Average Market Cap. (billions): $68.0
Median Market Capitalization (billions): $19.6
Minimum Opening Investment: $2,500
Minimum Subsquent Investment: $100

Growth Fund Managers


James T. Evans, CFA
Jason L. Stephens, CFA
John W. Thompson, CFA

John W. Thompson, James T. Evans and Jason L. Stephens serve as Co-Portfolio Managers for the Growth Fund. Mr. Thompson has managed or co-managed the Growth Fund since its inception and Mr. Evans and Mr. Stephens have been actively involved in the management of the Growth Fund since February of 2009.

Largest Equity Holdings as of December 31, 2011


Company Industry % of Net Assets
Exxon MobilOil & Gas Producers3.55%
Microsoft Software & Computer Services2.97%
General ElectricGeneral Industrials2.31%
JPMorgan ChaseBanks2.12%
Bank of AmericaBanks2.04%
ChevronOil & Gas Producers2.02%
Medco Health SolutionsHealth Care Equipment & Services2.02%
Qualcomm Technology Hardware & Equipment2.00%
IntelTechnology Hardware & Equipment2.00%
Cisco SystemsTechnology Hardware & Equipment1.98%

Current and future portfolio holdings are subject to risk.

Sector Weightings as of December 31, 2011


Sector % of Total Investments
Information Technology23.37%
Financials16.61%
Industrials15.45%
Energy14.36%
Health Care11.87%
Consumer Discretionary10.99%
Consumer Staples6.13%
Materials1.22%

If you have any questions, please contact Shareholder Services at 800.999.0887.


Portfolio holdings and assets/sector allocations are subject to change and are not recommendations to buy or sell any security

Please refer to the Prospectus for more complete information including investment objectives, risks, charges and expenses of the investment company. The prospectus contains this and other information about the investment company. Please read it carefully before you invest.

Mutual fund investing involves risk. Principal loss is possible. Small capitalization companies tend to have limited liquidity and greater volatility than large-capitalization companies.

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