The Charbonneau Villager Newspaper 2018 April Villager | Page 19

The Charbonneau Villager Charbonneau Homeowner's Association CHOA President JAN LANDIS Today, as I write this, I am in the desert. I just golfed in the Charbonneau in the Desert Golf Tournament and loved reconnect- ing with friends from the Char- bonneau District of Wilsonville. First, I realized how much I had missed seeing these people. Then, I realized how much like family we all are. Hugs were abundant. In a world where we read or witness on television such unrest and anger, it is nice to re- member that there are good peo- ple who just enjoy being together. This month’s theme - “Earth Day” - started in 1970 with a pos- itive group of individuals, Repub- licans and Democrats, rich and poor, city slickers and farmers, tycoons and labor leaders. “It was a gamble,” Gaylord Nelson (Earth Day founder) re- called. “But it worked.” Doesn’t that remind you of Charbonneau? There is so much we can do as we work together in Charbonneau and Wilsonville. Think about that as we go into the growing season of 2018, what can we do for Char- bonneau or Wilsonville? For Charbonneau Homeown- ers Association (CHOA), I want to remind you that our annual meeting will be at the Charbon- neau Clubhouse on April 30 at 7 pm. This is an important meeting for all CHOA residents to attend. Just like those individuals who started Earth Day in 1970, we all have an opportunity to come together to work toward the im- provement of our community. I hope to see you all there! Page 19 April 2018 aUXIER FOCUS FUND INvESToR CLASS SHARES PERFORMANCe UPDaTe Dec. 31, 2017 5.67% 17.71% 10.60% 7.01% 7.55% 284.09% 6.64% 21.83% 15.79% 8.50% 5.56% 171.58% Performance data quoted represents past performance and is no guarantee of future results. The Fund may have experienced negative performance during one of all of these time periods. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an in- vestor’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 reduce a portion of its fee and/or reimburse Fund expenses to limit Total Annual Fund Operating Expenses to 0.98% through at least October 31, 2018. 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 the Fund’s website at 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 o t he r information is in the p ro spec tu s , a copy of which may b e obtained by calling (877) 328-9437 or visiting the Fund’s website. 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 th rough December 31, 2017. Fund returns (i) assume the reinvestment of all dividends and capital gain distributions and (ii) would have been lower during the period if certain feels 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 fo r the period prior to December 10, 2004 re f lect s 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 b e 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