November 2021 THE CHARBONNEAU VILLAGER 9
Charbonneau Women ’ s Golf Association
By ANNE STRATON
The 2021 CWGA season has ended
STRATON
It ’ s a wrap ! The 2021 CWGA season has come to an end . There are so many wonderful highlights and people to acknowledge for their support in making each week ’ s play run smoothly . Thank you to all the members who worked so tirelessly despite the obstacles of a crazy virus and a terrible ice storm .
A special shout out to the Stagette Committee chairs for a fabulous year end extravaganza . The committee chairs for this event were Coleen Larson , Janet Ferguson and Kristine Jones . Their supporting cast behind the scenes who decorated , served food and drinks and did clean up deserve our thanks as well .
As this is our last article for the year , we will celebrate our outstanding winners :
■ Handicap Tourney : Brenda
CWGA / Page 10
AUXIER FOCUS FUND INVESTOR CLASS SHARES PERFORMANCE UPDATE
September 30 , 2021
3 Month Cummulative
1 Year Annualized
5 Year Annualized
10 Year Annualized
Annualized Since Inception ( July 9 , 1999 )
Cumulative Since Inception ( July 9 , 1999 )
Auxier Focus Fund -1.84 % 24.54 % 10.33 % 10.27 % 7.72 % 422.29 %
S & P 500 Index . 58 % 30.00 % 16.90 % 16.63 % 7.20 % 368.63 %
Performance data quoted represents past performance and is no guarantee of future results . Current performance may be lower or higher than the performance data quoted . Investment return and principal value will fluctuate so that an investor ’ s shares , when redeemed , may be worth more or less than original cost . As stated in the current prospectus , the Investor Class Share ’ s annual operating expense ratio ( gross ) is 1.10 %. The Adviser has contractually agreed to waive a portion of its fee and / or reimburse Fund expenses to limit Total Annual Fund Operating Expenses to 0.92 % through October 31 , 2021 . Other share classes may vary . The Fund charges a 2.0 % redemption fee on shares redeemed within six months of purchase . Returns shown for less than six months do not reflect the 2.0 % redemption fee . For the most recent month-end performance , please call ( 877 ) 328-9437 or visit www . auxierasset . com . The recent growth rate in the stock market has helped to produce short-term results that are not typical and may not continue in the future .
AUXIER FOCUS FUND GROWTH OF $ 10,000
Before investing you should carefully consider the Fund ’ s investment objectives , risks , charges and expenses . This and other information is in the prospectus , a copy of which may be obtained by calling ( 877 ) 328-9437 or visiting www . auxierasset . com . Please read the prospectus carefully before you invest .
The graph shows the value of a hypothetical initial investment of $ 10,000 in the fund and the S & P 500 Index on July 9 , 1999 ( inception of the Fund ) and held through September 30 , 2021 . Fund returns ( i ) assume the reinvestment of all dividends and capital gain distributions and ( ii ) would have been lower during the period if certain fees and expenses had not been waived . Performance shown is for the Fund ’ s Investor Class shares ; returns for other share classes will very . Performance for Investor Class shares for periods prior to December 10 , 2004 reflects performance of the applicable share class of Auxier Focus Fund , a series of Unified Series Trust ( the “ Predecessor Fund ”). Prior to January 3 , 2003 , the Predecessor Fund was a series of Ameriprime Funds . The performance of the Fund ’ s Investor Class shares for the period prior to December 10 , 2004 reflects the expenses of the Predecessor Fund . The S & P 500 Index is a broad-based , unmanaged measurement of changes in stock market conditions based on 500 widely held common stocks . One cannot invest directly in an index .
The Fund may invest in value stocks , which are subject to risk that their intrinsic value may never be realized , and growth stocks , which may be susceptible to rapid price swings . Investments in mid-sized companies generally carry greater risk than is customarily associated with larger companies . Moreover , if the Fund ’ s portfolio is over- weighed in a sector , any negative development affecting that sector will have a greater impact on the Fund than a fund that is not overweighed in that sector . An increase in interest rates typically causes a fall in the value of a debt security ( Fixed-Income Securities Risk ) with corresponding changes to the Fund ’ s value . Foreign securities are subject to additional risks including international trade , currency , political , regulatory and diplomatic risks . Foreside Fund Services , LLC , distributor .
Cathi McLain presented Brenda Hankins as the most improved player .
COURTESY PHOTO
INTEGRITY • KNOWLEDGE • COMMITMENT www . auxierasset . com • 1-800-835-9556 15668 NE Eilers Road • Aurora , OR 97005
The Auxier Difference
Jeff Auxier intentionally lives and works far from the swirling emotions of Wall Street . At his local Oregon farm , and his nearby office , Jeff and his team are able to conduct the kind of independent thinking that they feel keeps them ahead of the pack , not chasing it .