Aggressive Growth Portfolio
-
OVERVIEW
Objective
Aggressive Growth Portfolio seeks to achieve high (greater than the stock market as a whole), long-term appreciation in the value of its shares.Strategy
Under normal market conditions, the Portfolio invests in stocks and stock warrants of U.S. and foreign companies that are expected to have a higher profit potential than the stock market as a whole and whose shares are valued primarily for potential growth in revenues, earnings, dividends or asset values rather than for current income.Reasons to Consider
-
1
Higher Appreciation Potential - Aggressive Growth Portfolio intends to hold stocks from at least twelve industry groups and within each industry group ordinarily holds large-, mid- and small-capitalization companies. Such companies may include those involved in technology, medicine, capital goods, natural resources, energy, construction, transportation, finance, entertainment or service, those developing or exploiting new industries, products, services or markets, or those whose shares are otherwise believed to be undervalued.
- 2
Fully Invested in the Stock Market at All Times - Frequent switching of capital into and out of the stock market greatly magnifies the risk of investing in stocks. Active switchers may suffer losses when the stock market declines and then miss out on profits when the market recovers. The result is that losses – not profits – compound. By staying fully invested in stocks at all times, the Portfolio avoids the unnecessary hazards of switching. This policy creates greater potential for higher appreciation in the long run.
-
1
-
PERFORMANCE
Performance data quoted represents past performance and 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. Investment performance, current to the most recent month-end, may be lower or higher than the performance quoted. It can be obtained by calling (800) 531-5142. Performance data shown with load reflects the Class A shares maximum sales charge of 5.00% and the Class C shares maximum deferred sales charge of 1.00%. Performance data shown as no load does not reflect the current maximum sales charges. Had the sales charge been included, the Portfolio's returns would be lower. All results are historical and assume the reinvestment of dividends and capital gains.
Historical Performance: Annual Returns Since Inception
Average Annual Total Returns (as of September 30, 2018)
YTD 1 Year 5 Years 10 Years 15 Years Inception Class A (Load) 2.40% 8.17% - - - 13.60% Class A (No Load) 7.79% 13.87% - - - 16.13% Class C (Load) 6.18% 12.00% - - - 15.26% Class C (No Load) 7.18% 13.00% - - - 15.26% Class I 7.97% 14.14% 9.70% 9.64% 9.14% 10.31% Dow Jones Industrial Average 8.83% 20.76% 14.57% 12.22% 9.97% 10.79% Standard & Poor's 500 Composite Stock Index 10.56% 17.91% 13.95% 11.97% 9.65% 9.86% Expense Ratios Class A Class C Class I Gross Expense Ratio 1.46% 2.21% 1.21% For the year ended January 31, 2018 as stated in the Fund’s Prospectus, dated May 31, 2018.
-
DIVIDENDS & DISTRIBUTIONS
Record Date: Tuesday, December 4, 2018
Reinvestment Date: Thursday, December 6, 2018Given this week’s national day of mourning for former President George H.W. Bush, our previously scheduled reinvestment date of Wednesday, December 5th has been changed to Thursday, December 6th.
Class A Class C Class I Ordinary Income Dividends $0.05334 - $0.11383 Capital Gain Distributions (long-term) $6.03877 $6.03877 $6.03877 Capital Gain Distributions (short-term) - - - Qualified Dividends (included in Ordinary Income Dividends) TBD TBD TBD Reinvestment Price $54.82 $54.03 $54.95 Dividends Earned on U.S. Treasury Securities TBD TBD TBD > Historical Dividends and Distributions
> Mutual Fund Tax Guide
> 2017 Supplemental Tax Information -
FEES & EXPENSES
The table below describes the fees and expenses you would pay if you buy and hold shares of Aggressive Growth Portfolio.
Shareholder Fees
(fees paid directly from your investment)Class A Class C Class I Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.00% None None Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) 1.00%1 1.00%1 None Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)Management Fees 1.19% 1.19% 1.19% Distribution and/or Service (12b-1) Fees .25% 1.00% None Other Operating Expenses .02% .02% .02% Total Annual Fund Operating Expenses
1.46% 2.21% 1.21% 1For Class A shares, a contingent deferred sales charge (“CDSC”) of 1.00% applies on certain redemptions made within one year following purchases of $1 million or more made without an initial sales charge. For Class C shares, the CDSC is eliminated one year after purchase.
-
LITERATURE
Portfolio Documents Date of Document PDF Summary Prospectus May 31, 2018 Fact Sheet September 30, 2018 Investor Guide September 30, 2018 Annual Returns Since Inception September 30, 2018 XBRL Information
eXtensible Business Reporting Language, or XBRL, are interactive files that allow an investor to view, download, and compare certain information regarding a fund's objectives, fees, performance, and risks. XBRL files may be viewed through a free viewer available at sec.gov. Generally, XBRL files will be available on permanentportfoliofunds.com within 15 days of the annual update to the Fund's Prospectus.