Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.
Litman Gregory Fund
Advisors, LLC has ultimate responsibility for assets under
management.
Performance as of Month
Ending 4/30/2008 |
Fund / Inception Date |
12 Month
Total Return |
Five Year Average Annual Total Return |
Ten Year Average Annual Total Return |
Average Annual Total Return Since Inception |
Masters'
Select Equity Fund (12/31/1996)
| -3.04%
| 11.11%
| 5.91%
| 9.08%
|
Custom Equity Index |
-5.58% |
12.32% |
4.67% |
7.66% |
Russell 3000 Index |
-5.16% |
11.40% |
4.28% |
7.58% |
Lipper Multi-Cap Core Index |
-4.73% |
11.97% |
4.55% |
7.40% |
| Masters'
Select International (12/01/1997)
| 2.88%
| 22.06%
| n/a
| 12.93%
|
| S&P Citigroup PMI Global (ex US) Index |
5.26% |
23.19% |
n/a |
9.64% |
| Lipper International Fund Index |
1.36% |
20.72% |
n/a |
8.69% |
| Masters'
Select Value Fund (06/30/2000)
| -15.46%
| 9.95%
| n/a
| 6.40%
|
| Russell 3000 Value Index |
-9.49% |
12.92% |
n/a |
7.23% |
| Lipper Multi-Cap Value Fund Index |
-10.85% |
11.29% |
n/a |
6.51% |
| Masters'
Select Smaller Companies Fund (06/30/2003)
| -12.23%
| n/a
| n/a
| 9.91%
|
| Russell 2000 Index |
-10.96% |
n/a |
n/a |
11.47% |
| Lipper Small Cap Core Index |
-8.53% |
n/a |
n/a |
12.02% |
| Masters'
Select Focused Opportunity Fund (06/30/2006)
| -2.75%
| n/a
| n/a
| 6.70%
|
| S&P 500 Index |
-4.67% |
n/a |
n/a |
6.86% |
Performance as of Quarter Ending 3/31/08 |
Fund / Inception Date |
12 Month
Total Return |
Five Year Average Annual Total Return |
Ten Year Average Annual Total Return |
Average Annual Total Return Since Inception |
Masters'
Select Equity Fund(12/31/1996)
| -6.01%
| 11.47%
| 5.59%
| 8.42%
|
Custom Equity Index |
-6.38% |
13.13% |
4.27% |
7.27% |
Russell 3000 Index |
-6.06% |
12.07% |
3.88% |
7.17% |
Lipper Multi-Cap Core Index |
-5.76% |
12.55% |
4.15% |
6.99% |
| Masters'
Select International(12/01/1997)
| 2.98%
| 24.21%
| n/a
| 12.64%
|
| S&P Citigroup PMI Global (ex US) Index |
3.57% |
23.90% |
n/a |
9.07% |
| Lipper International Fund Index |
-0.23% |
21.66% |
n/a |
8.18% |
| Masters'
Select Value Fund (06/30/2000)
| -17.25%
| 10.99%
| n/a
| 5.68%
|
| Russell 3000 Value Index |
-10.60% |
13.79% |
n/a |
6.67% |
| Lipper Multi-Cap Value Fund Index |
-11.70% |
12.03% |
n/a |
5.90% |
| Masters'
Select Smaller Companies Fund(06/30/2003)
| -14.48%
| n/a
| n/a
| 8.66%
|
| Russell 2000 Index |
-13.00% |
n/a |
n/a |
10.73% |
| Lipper Small Cap Core Index |
-10.26% |
n/a |
n/a |
11.13% |
| Masters'
Select Focused Opportunity Fund (06/30/2006)
| -6.22%
| n/a
| n/a
| 2.69%
|
| S&P 500 Index |
-5.07% |
n/a |
n/a |
4.33% |
1.Through 12/31/08, Litman/Gregory has voluntarily agreed
to waive a portion of its management fee to pass through any costs benefits resulting from changes in the
sub-advisory fee schedules or allocations.
2.Through 12/31/08, Litman/Gregory has contractually
agreed to waive a portion of its management fee to pass through any costs benefits resulting from changes
in the sub-advisory fee schedules or allocations.
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 that an investor’s shares, when
redeemed, may be worth more or less than
their original cost. The funds impose a 2% redemption
fee on shares held less than 180 days. Performance
data does not reflect the redemption fee. If reflected,
total returns would be reduced. Current performance
of the funds may be lower or higher than the performance
quoted. |
