THE CHARBONNEAU VILLAGER 15
August 2019
■ From Page 11 complete list of members and more
information. The Top 20 on the
points list will receive prizes, and
then play in the Final Cup Tourna-
ment in October.
Major golf events and results As of July 7, 2019:
Men’s Club
In addition to the regular play
days for 18 holes, Wednesday and
Saturday, the Men’s Club organizes
about 20 major events each year.
Here are some recent results:
June 19, Men’s Night Out - Win-
ning team was Don Mason, Jay An-
derson, and Jim Sandford, tie for
second place teams of Hanacek,
Klingerman, Greenspan, Henry and
team Harp, Robertson, Noakes,
Kent.
July 4 Holiday Couples Event -
Winning team was Leslie Leeper,
Linda and Dale Owen, second place
went to the team of Perry and Sandy
Esterson, Denny Atkin, and Jan Hol-
ly.
Players
Martin, Terry
Morishita, Ford
Oberg, Jim
Schindler, Andy
Meyers, John
Harp, Gene
Gibbons, Jim
Massing, Dave
Shevlin, Bill
Zinsli, Lee
Taylor, Tom
AUXIER FOCUS FUND INVESTOR CLASS
SHARES PERFORMANCE UPDATE
June 30, 2019
Points
1477
1200
1177
1115
1040
970
960
960
823
810
807
For now, I leave you with a few
lines from a poem encouraging
that we all should adopt and prac-
tice diligently, the first rule of golf.
3 Month
Cummulative 1 Year
Annualized 5 Year
Annualized 10 Year
Annaualized Annualized
Since Inception
(July 9, 1999) Cumulative
Since Inception
(July 9, 1999)
Auxier Focus Fund 1.92% 7.08% 6.48% 10.14% 7.32% 309.99%
S&P 500 Index 4.3% 10.42% 10.71% 14.70% 5.79% 207.82%
Performance data quoted represents past performance and is no guarantee of future results. The Fund may have
ĞdžƉĞƌŝĞŶĐĞĚŶĞŐĂƟǀĞƉĞƌĨŽƌŵĂŶĐĞĚƵƌŝŶŐŽŶĞŽĨĂůůŽĨƚŚĞƐĞƟŵĞƉĞƌŝŽĚƐ͘ Current performance may be lower or
ŚŝŐŚĞƌ ƚŚĂŶ ƚŚĞ ƉĞƌĨŽƌŵĂŶĐĞ ĚĂƚĂ ƋƵŽƚĞĚ͘ /ŶǀĞƐƚŵĞŶƚ ƌĞƚƵƌŶ ĂŶĚ ƉƌŝŶĐŝƉĂů ǀĂůƵĞ ǁŝůů ŇƵĐƚƵĂƚĞ ƐŽ ƚŚĂƚ ĂŶ ŝŶǀĞƐƚŽƌ͛Ɛ
shares, when redeemed, may be worth more or less than original cost. As stated in the current prospectus, the Investor
ůĂƐƐ^ŚĂƌĞ͛ƐĂŶŶƵĂůŽƉĞƌĂƟŶŐĞdžƉĞŶƐĞƌĂƟŽ;ŐƌŽƐƐͿŝƐϭ͘ϭϬй͘dŚĞĚǀŝƐĞƌŚĂƐĐŽŶƚƌĂĐƚƵĂůůLJĂŐƌĞĞĚƚŽǁĂŝǀĞĂƉŽƌƟŽŶ
ŽĨŝƚƐĨĞĞĂŶĚͬŽƌƌĞŝŵďƵƌƐĞ&ƵŶĚĞdžƉĞŶƐĞƐƚŽůŝŵŝƚdŽƚĂůŶŶƵĂů&ƵŶĚKƉĞƌĂƟŶŐdžƉĞŶƐĞƐƚŽϬ͘ϵϴйƚŚƌŽƵŐŚKĐƚŽďĞƌϯϭ͕
ϮϬϭϵ͘KƚŚĞƌƐŚĂƌĞĐůĂƐƐĞƐŵĂLJǀĂƌLJ͘dŚĞ&ƵŶĚĐŚĂƌŐĞƐĂϮ͘ϬйƌĞĚĞŵƉƟŽŶĨĞĞŽŶƐŚĂƌĞƐƌĞĚĞĞŵĞĚǁŝƚŚŝŶƐŝdžŵŽŶƚŚƐŽĨ
ƉƵƌĐŚĂƐĞ͘ZĞƚƵƌŶƐƐŚŽǁŶĨŽƌůĞƐƐƚŚĂŶƐŝdžŵŽŶƚŚƐĚŽŶŽƚƌĞŇĞĐƚƚŚĞϮ͘ϬйƌĞĚĞŵƉƟŽŶĨĞĞ͘&ŽƌƚŚĞŵŽƐƚƌĞĐĞŶƚŵŽŶƚŚͲ
ĞŶĚƉĞƌĨŽƌŵĂŶĐĞ͕ƉůĞĂƐĞĐĂůů;ϴϳϳͿϯϮϴͲϵϰϯϳŽƌǀŝƐŝƚƚŚĞĚǀŝƐĞƌ͛ƐǁĞďƐŝƚĞĂƚǁǁǁ͘ĂƵdžŝĞƌĂƐƐĞƚ͘ĐŽŵ͘dŚĞƌĞĐĞŶƚŐƌŽǁƚŚ
ƌĂƚĞŝŶƚŚĞƐƚŽĐŬŵĂƌŬĞƚŚĂƐŚĞůƉĞĚƚŽƉƌŽĚƵĐĞƐŚŽƌƚͲƚĞƌŵƌĞƐƵůƚƐƚŚĂƚĂƌĞŶŽƚƚLJƉŝĐĂůĂŶĚŵĂLJŶŽƚĐŽŶƟŶƵĞŝŶƚŚĞĨƵƚƵƌĞ͘
AUXIER FOCUS FUND GROWTH OF $10,000
Most improved golfer status
Due to feedback and growing lev-
el of interest from several members,
we have posted the complete list of
200 members that are on the report,
whether they improved or not. The
season-long competition for the
most improved golfer competition
started Oct. 1, 2018. Here are the cur-
rent Top 10 member standings.
Check the website under the Golf
menu for more information.
As of July 1, 2019:
1
2
3
4
5
6
7
8
9
10
Miller, Bob
Switzer, Steve
Hanacek, Carl
Sutton, Ken
Harp, Gene
Lucich, Mike
Schindler, Andy
Zinsli, Lee
Greenspan, Dan
Sanford, Jim
Charbonneau Cup Leaderboard
The season-long competition is
underway. Points are accumulated
for participation and additional
points for the Top 5 placements.
Here are the current Top 10 mem-
bers’ point standings. Check the
website under the Golf menu for a
The First Rule Of Golf
By Edgar Albert Guest
We stood at the tee and the driver
we swung,
Then we put back the turf;
At the ball, then a thing called the
‘mashie,’ we flung,
Then we put back the turf.
‘There’s a fine mid-iron shot I am
sure you can do,’
Said a friend, ‘you should get on
the green then in two;’
We tried it, then painted the atmo-
sphere blue
And put back the turf.
...
At the first, second, third, fourth
and fifth holes, men see
Where we put back the turf;
From the fifth to the ninth it’s as
plain as can be
Where we put back the turf.
And we answered when asked, as
we sat at a meal,
Our honest opinion of golf to
reveal:
‘It’s great, but it’s terribly hard on
the heel
When you put back the turf.’
ĞĨŽƌĞŝŶǀĞƐƟŶŐLJŽƵƐŚŽƵůĚĐĂƌĞĨƵůůLJĐŽŶƐŝĚĞƌƚŚĞ&ƵŶĚ͛ƐŝŶǀĞƐƚŵĞŶƚŽďũĞĐƟǀĞƐ͕ƌŝƐŬƐ͕ĐŚĂƌŐĞƐĂŶĚĞdžƉĞŶƐĞƐ͘dŚŝƐĂŶĚ
ŽƚŚĞƌŝŶĨŽƌŵĂƟŽŶŝƐŝŶƚŚĞƉƌŽƐƉĞĐƚƵƐ͕ĂĐŽƉLJŽĨǁŚŝĐŚŵĂLJďĞŽďƚĂŝŶĞĚďLJĐĂůůŝŶŐ;ϴϳϳͿϯϮϴͲϵϰϯϳŽƌǀŝƐŝƟŶŐƚŚĞ&ƵŶĚ͛Ɛ
ǁĞďƐŝƚĞ͘WůĞĂƐĞƌĞĂĚƚŚĞƉƌŽƐƉĞĐƚƵƐĐĂƌĞĨƵůůLJďĞĨŽƌĞLJŽƵŝŶǀĞƐƚ͘
d ŚĞŐƌĂƉŚƐŚŽǁƐƚŚĞǀĂůƵĞŽĨĂŚLJƉŽƚŚĞƟĐĂůŝŶŝƟĂůŝŶǀĞƐƚŵĞŶƚŽĨΨϭϬ͕ϬϬϬŝŶƚŚĞĨƵŶĚĂŶĚƚŚĞ^ΘWϱϬϬ/ŶĚĞdžŽŶ:ƵůLJϵ͕ϭϵϵϵ;ŝŶĐĞƉƟŽŶ
ŽĨƚŚĞ&ƵŶĚͿĂŶĚŚĞůĚƚŚƌŽƵŐŚ:ƵŶĞϯϬ͕ϮϬϭϵ͘&ƵŶĚƌĞƚƵƌŶƐ;ŝͿĂƐƐƵŵĞƚŚĞƌĞŝŶǀĞƐƚŵĞŶƚŽĨĂůůĚŝǀŝĚĞŶĚƐĂŶĚĐĂƉŝƚĂůŐĂŝŶĚŝƐƚƌŝďƵƟŽŶƐĂŶĚ;ŝŝͿ
ǁŽƵůĚŚĂǀĞďĞĞŶůŽǁĞƌĚƵƌŝŶŐƚŚĞƉĞƌŝŽĚŝĨĐĞƌƚĂŝŶĨĞĞůƐĂŶĚĞdžƉĞŶƐĞƐŚĂĚŶŽƚďĞĞŶǁĂŝǀĞĚ͘WĞƌĨŽƌŵĂŶĐĞƐŚŽǁŶŝƐĨŽƌƚŚĞ&ƵŶĚ͛Ɛ/ŶǀĞƐƚŽƌ
ůĂƐƐƐŚĂƌĞƐ͖ƌĞƚƵƌŶƐĨŽƌŽƚŚĞƌƐŚĂƌĞĐůĂƐƐĞƐǁŝůůǀĞƌLJ͘WĞƌĨŽƌŵĂŶĐĞĨŽƌ/ŶǀĞƐƚŽƌůĂƐƐƐŚĂƌĞƐĨŽƌƉĞƌŝŽĚƐƉƌŝŽƌƚŽĞĐĞŵďĞƌϭϬ͕ϮϬϬϰƌĞŇĞĐƚƐ
ƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚĞĂƉƉůŝĐĂďůĞƐŚĂƌĞĐůĂƐƐŽĨƵdžŝĞƌ&ŽĐƵƐ&ƵŶĚ͕ĂƐĞƌŝĞƐŽĨhŶŝĮĞĚ^ĞƌŝĞƐdƌƵƐƚ;ƚŚĞ͞WƌĞĚĞĐĞƐƐŽƌ&ƵŶĚ͟Ϳ͘WƌŝŽƌƚŽ:ĂŶƵĂƌLJϯ͕
ϮϬϬϯ͕ƚŚĞWƌĞĚĞĐĞƐƐŽƌ&ƵŶĚǁĂƐĂƐĞƌŝĞƐŽĨŵĞƌŝƉƌŝŵĞ&ƵŶĚƐ͘dŚĞƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚĞ&ƵŶĚ͛Ɛ/ŶǀĞƐƚŽƌůĂƐƐƐŚĂƌĞƐĨŽƌƚŚĞƉĞƌŝŽĚƉƌŝŽƌƚŽ
ĞĐĞŵďĞƌϭϬ͕ϮϬϬϰƌĞŇĞĐƚƐƚŚĞĞdžƉĞŶƐĞƐŽĨƚŚĞWƌĞĚĞĐĞƐƐŽƌ&ƵŶĚ͘dŚĞ^ΘWϱϬϬ/ŶĚĞdžŝƐĂďƌŽĂĚͲďĂƐĞĚ͕ƵŶŵĂŶĂŐĞĚŵĞĂƐƵƌĞŵĞŶƚŽĨĐŚĂŶŐĞƐ
ŝŶƐƚŽĐŬŵĂƌŬĞƚĐŽŶĚŝƟŽŶƐďĂƐĞĚŽŶϱϬϬǁŝĚĞůLJŚĞůĚĐŽŵŵŽŶƐƚŽĐŬƐ͘KŶĞĐĂŶŶŽƚŝŶǀĞƐƚĚŝƌĞĐƚůLJŝŶĂŶŝŶĚĞdž͘
dŚĞ&ƵŶĚŵĂLJŝŶǀĞƐƚŝŶǀĂůƵĞƐƚŽĐŬƐ͕ǁŚŝĐŚĂƌĞƐƵďũĞĐƚƚŽƌŝƐŬƚŚĂƚƚŚĞŝƌŝŶƚƌŝŶƐŝĐǀĂůƵĞŵĂLJŶĞǀĞƌďĞƌĞĂůŝnjĞĚ͕ĂŶĚŐƌŽǁƚŚƐƚŽĐŬƐ͕ǁŚŝĐŚ
ŵĂLJďĞƐƵƐĐĞƉƟďůĞƚŽƌĂƉŝĚƉƌŝĐĞƐǁŝŶŐƐ͘/ŶǀĞƐƚŵĞŶƚƐŝŶŵŝĚͲƐŝnjĞĚĐŽŵƉĂŶŝĞƐŐĞŶĞƌĂůůLJĐĂƌƌLJŐƌĞĂƚĞƌƌŝƐŬƚŚĂŶŝƐĐƵƐƚŽŵĂƌŝůLJĂƐƐŽĐŝĂƚĞĚ
ǁŝƚŚůĂƌŐĞƌĐŽŵƉĂŶŝĞƐ͘DŽƌĞŽǀĞƌ͕ŝĨƚŚĞ&ƵŶĚ͛ƐƉŽƌƞŽůŝŽŝƐŽǀĞƌͲǁĞŝŐŚĞĚŝŶĂƐĞĐƚŽƌ͕ĂŶLJŶĞŐĂƟǀĞĚĞǀĞůŽƉŵĞŶƚĂīĞĐƟŶŐƚŚĂƚƐĞĐƚŽƌǁŝůů
ŚĂǀĞĂŐƌĞĂƚĞƌŝŵƉĂĐƚŽŶƚŚĞ&ƵŶĚƚŚĂŶĂĨƵŶĚƚŚĂƚŝƐŶŽƚŽǀĞƌǁĞŝŐŚĞĚŝŶƚŚĂƚƐĞĐƚŽƌ͘ŶŝŶĐƌĞĂƐĞŝŶŝŶƚĞƌĞƐƚƌĂƚĞƐƚLJƉŝĐĂůůLJĐĂƵƐĞƐĂĨĂůůŝŶ
ƚŚĞǀĂůƵĞŽĨĂĚĞďƚƐĞĐƵƌŝƚLJ;&ŝdžĞĚͲ/ŶĐŽŵĞ^ĞĐƵƌŝƟĞƐZŝƐŬͿǁŝƚŚĐŽƌƌĞƐƉŽŶĚŝŶŐĐŚĂŶŐĞƐƚŽƚŚĞ&ƵŶĚ͛ƐǀĂůƵĞ͘&ŽƌĞŝŐŶƐĞĐƵƌŝƟĞƐĂƌĞƐƵďũĞĐƚ
ƚŽĂĚĚŝƟŽŶĂůƌŝƐŬƐŝŶĐůƵĚŝŶŐŝŶƚĞƌŶĂƟŽŶĂůƚƌĂĚĞ͕ĐƵƌƌĞŶĐLJ͕ƉŽůŝƟĐĂů͕ƌĞŐƵůĂƚŽƌLJĂŶĚĚŝƉůŽŵĂƟĐƌŝƐŬƐ͘Foreside Fund Services, LLC, distributor.
IN
NT E G R I T Y • K N O W L E D G E • CO
O MM
M IT
TMENT
www.auxierasset.com • 1-800-835-9556
15668 NE Eilers Road • Aurora, OR 97005
The Auxier Difference
:ĞīƵdžŝĞƌŝŶƚĞŶƟŽŶĂůůLJůŝǀĞƐĂŶĚǁŽƌŬƐĨĂƌĨƌŽŵƚŚĞƐǁŝƌůŝŶŐĞŵŽƟŽŶƐŽĨtĂůů^ƚƌĞĞƚ͘ƚŚŝƐ
ůŽĐĂůKƌĞŐŽŶĨĂƌŵ͕ĂŶĚŚŝƐŶĞĂƌďLJŽĸ
ĐĞ͕:ĞīĂŶĚŚŝƐƚĞĂŵĂƌĞĂďůĞƚŽĐŽŶĚƵĐƚƚŚĞŬŝŶĚŽĨ
independent thinking that they feel keeps them ahead of the pack, not chasing it.