Papp Small & Mid-Cap Growth Fund (PAPPX)

Overview

The described fund is primarily focused on investing in small-cap and mid-cap companies, earmarking at least 80% of its net assets, plus any borrowings made for investment purposes, towards common stocks within these sectors. The strategy allows flexibility between the investment in small-cap and mid-cap issuers, with no preset minimum percentage of assets dedicated to either. Investment focus can shift significantly towards either small-cap or mid-cap issuers based on the Adviser's analysis and market opportunity assessment. This approach allows the fund to adapt and potentially capitalize on the differing growth and risk profiles associated with small and mid-size companies, aiming to provide investors with growth opportunities through diversified exposure to these segments of the market.

Products and Services

• Common Stock Investments in Small-Cap Companies

  Allocates a portion of its assets to common stocks of small-capitalization companies. These investments target businesses with smaller market capitalizations, typically offering higher growth potential but with a corresponding increase in risk. The focus on small-cap companies enables investors to gain exposure to dynamic and rapidly growing segments of the economy.

• Common Stock Investments in Mid-Cap Companies

  Dedicates part of its portfolio to common stocks of mid-capitalization companies. These are firms that occupy the middle ground in terms of market capitalization, potentially offering a balance between the growth potential of small-cap companies and the stability of large-cap companies. Mid-cap investments seek to provide a balanced risk-return profile to the investors, capturing growth while managing volatility.

• Adaptable Investment Focus

  The fund has the flexibility to vary the allocation between small-cap and mid-cap investments based on the current market conditions and the Adviser's strategic outlook. This adaptable approach allows the fund to concentrate its investments in either category when deemed favorable, offering the potential for targeted growth opportunities and strategic portfolio adjustment.