Our Portfolios Our portfolios are prudently diversified, usually holding 25-40 stocks. Limits on the weight of individual investment positions and economic sector exposure are used to avoid excessive concentration.
Sell Discipline Positions are reduced or sold if:
A superior investment opportunity is identified
The original investment thesis changes
The investment has become significantly overvalued
Expense ratio: 1.07% as of 12/31/2016
Performance data is based upon past performance, which is no guarantee of 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. Current performance may be higher or lower than the performance data quoted. Please call 800.626.9769 to obtain performance data as of the most recent month-end.
2The S&P 500 Index is a widely recognized unmanaged index of equity prices and is representative of a broader market and range of securities than is found in the Fund's portfolio. The Index returns do not reflect the deduction of expenses, which have been deducted from the Fund's returns. The Index return assumes reinvestment of all distributions and does not reflect the deduction of taxes and fees.
You should consider the investment objectives, risks, charges and expenses of the Torray Fund carefully before investing. A prospectus with this and other information may be obtained by calling 855.753.8174 or by downloading one from this Web site. You should read the prospectus carefully before investing.
Mutual fund investing involves risk, including the possible loss of principal value. At times, the Fund’s portfolio may be more concentrated than that of a more diversified fund, subjecting it to greater fluctuation and risk.
Shares of the Torray mutual fund are distributed by Foreside Funds Distributors LLC, Berwyn, Pennsylvania, not affiliated with Torray LLC.