Given the recent history of the Portfolios' strong performances, it appears that value-based fundamentals could be in favor again.
Past performance is no guarantee of future results.
Investment return and principal value of mutual funds will vary with market conditions, so that shares, when redeemed, may be worth more or less than their original cost. Certain fees and expenses were waived or reimbursed. If this were not in effect, the returns would have been lower. Small company stocks may be subject to a higher degree of market risk than the securities of more established companies because they tend to be more volatile and less liquid. Please read it carefully before you invest or send money.